Business
US dollar benefits from selling exhaustion, ECB cuts rates
THE US dollar rallied on Thursday (Apr 17) after its recent weakness across peer currencies appeared exhausted for the time being, while…
Swedan Margen
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Business
Nickel scam accused’s buying spree extends to S$8 million on semi-detached house, S$2 million on art pieces: witnesses
Ng Yu Zhi spent S$8 million on a semi-detached house and splurged S$2 million on a total of 41 works of art, allegedly using the…
Business
Economists Face a Legitimacy Crisis
Economists have slowly eroded their reputation as an intellectual class. Is there a solution? Source link
Business
AmEx profit rises on resilient card spending
Provisions for credit losses were US$1.2 billion in the quarter, compared with US$1.3 billion a year earlier American Express reported a 6…
Business
ECB cuts rates again to help economy weather erratic US trade policy
The European Central Bank (ECB) cut interest rates for the seventh time in a year on Thursday (Apr 17), looking to prop up an already…
Business
‘Fallacy’ to say OCBC does not know insurance business: board chairman
It will be a fallacy to say that OCBC does not know the insurance business, given that its insurance arm, Great Eastern Holdings (GEH),…
News
On Iran, Nuclear Dismantlement Must Be the Goal
Trump can’t repeat mistakes of the disastrous Obama deal. Source link
News
The Fabulous Frick Redo, a Fundraising and Architectural Success
After its 2014 plan to expand was scuttled, its leadership rethought and made something better. Source link
News
Loomered, &c.
On Laura Loomer and the Trump administration; the Naval Academy and censorship; the late, great Mario Vargas Llosa; and more. Source link
News
Universities Get Schooled on Federal Funding
The idea that elite colleges can gobble up taxpayer money while maintaining total autonomy has always been a fantasy. Source link
Business
Singapore shares settle higher on Thursday; STI extends rally, up 1.6%
The benchmark index’s gains mirror major regional indices, such as the Kospi, which rose 0.9% The Straits Times Index (STI) continued to…
Culture
London Theatre Shimmers with Mirrors and Memory
Long before Richard II ran afoul of mutinous nobles, and almost two centuries before Shakespeare wrote Richard’s portrait in majestic…
News
“Sinners” Is a Virtuosic Fusion of Historical Realism and Horror
Just when you thought it was safe to go back in the bloodstream, along comes a new horde of vampires, in Ryan Coogler’s “Sinners,” to…
Business
Luxury brand Hermes to pass on tariff costs to US clients as sales growth slows
France’s Hermes will fully shift the burden of tariffs in the US to its wealthy clientele, the company said on Thursday (Apr 17), as it…
Business
SIA launches joint fare products with All Nippon Airways on Singapore-Japan flights
Singapore Airlines (SIA) and All Nippon Airways (ANA) will begin operating revenue-sharing flights between Singapore and Japan from…
Business
India’s IDFC First Bank to raise 75 billion rupees from Warburg Pincus, Adia
The Mumbai-based lender will issue 1.25 billion preference shares to the investors First Bank has approved a plan to raise 75 billion…
Fashion
Temu, Shein see US sales surge ahead of small parcel tariff
Online shopping giants Temu and Shein saw their sales rebound in March and April as US shoppers stockpiled products such as makeup brushes…
Culture
‘Compelling yields’: DBS flags opportunity in hotel S-Reits on Mice, concert hub status
Hotel Singapore-listed real estate investment trusts (S-Reits) could benefit from the Republic’s drive to establish itself as a regional…
Business
Frasers Property Industrial enters JV to invest in A$600 million Aussie industrial portfolio
Frasers Property Industrial has entered into a capital partnership with an investment vehicle sponsored by Morgan Stanley Real Estate…
Business
Malaysia Airlines parent reports lower profit in 2024
Malaysia Airlines’ parent company Malaysia Aviation Group (MAG) reported a second consecutive annual profit in 2024, but it fell 93 per…
News
EV maker Xpeng charts steady global expansion despite tariff war
Chinese electric vehicle (EV) maker Xpeng is ramping up its global expansion, despite the intensifying trade war between Washington and…
Business
Olam to sell whole stake in port operator for US$175 million
Agribusiness giant Olam will dispose of its entire stake in port and logistics operator Arise P&L for a US$175 million consideration, as…
Business
CapitaLand Investment launches first retail Reit in China with assets worth 2.8 billion yuan
CapitaLand Investment (CLI) announced on Thursday (Apr 17) that it intends to launch its first real estate investment trust (Reit) in…