Rising
Fed’s Waller wants July interest rate cut amid rising growth, job market risks
[NEW YORK] Federal Reserve governor Christopher Waller said on Thursday (Jul 17) that he continues to believe the US central bank should cut interest rates at the end of...
Israel Labels Iran’s Central Bank as Terror Entity Amid Rising Tensions
Israel has officially labelled Iran's Central Bank a terrorist entity, citing its alleged role in financing militant operations across the Middle East. The Israeli government declared that no institution...
Taiwan central bank says US debt rising too fast may impact trust in Treasuries
[TAIPEI] Taiwan’s central bank governor warned on Saturday (Jun 21) that rapidly rising US debt could be “unfavourable” to the outlook for US Treasuries and that US President Donald...
Venture capital investment is rising in Los Angeles — and not just for AI startups
Early this year, private equity firm Blackstone bet big on the future of artificial intelligence by investing $300 million in a Chatsworth company that’s been around for more than...
81-Year-Old Man Found Dead in Bukit Merah HDB Flat Triggering Concern About Rising Elderly Deaths in Singapore
An 81-year-old man was found dead in his HDB flat in Bukit Merah after a neighbor reported a persistent foul smell emanating from his unit. Reports stated that the...
HK Express airfares dragged down by rising competition out of Hong Kong, CEO says
[NEW DELHI] An accelerating fall in the price of air tickets from recent high levels is the biggest challenge at Cathay Pacific’s budget arm HK Express, its CEO said,...
Europe: Stocks pressured by rising bond yields, weak economic data
EUROPEAN stocks fell on Thursday as concerns over US fiscal health kept Treasury yields elevated, while data showing weak euro zone business activity added to the gloom.The pan-European Stoxx 600 index...
Oil Prices Fall as OPEC+ Considers Boosting Output Amid Rising Supply Concerns
Oil prices fell more than 1% on Thursday after reports emerged that the OPEC+ group of producers might boost production in July. This has seen worries emerge about global...
US Fed holds back on rate cut, citing rising risk of higher inflation; economy is solid but faces tariff threat
[WASHINGTON] The Federal Reserve held interest rates steady on Wednesday but said the risks of higher inflation and unemployment had risen, further clouding the economic outlook as the US central...