Business
Gold steadies near record high as investors await Fed verdict
The US central bank is expected to deliver a quarter-percentage-point interest rate cut later in the day to support the labour market Gold…
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Business
Business
Carro raises US$60 million to tap Asia-Pacific demand for used Japanese cars; Cool Japan Fund leads funding
CEO of online car marketplace adds that more partnerships between it and Japanese automobile brands are coming to the region South-east…
Business
Jio BlackRock sees India mutual fund industry tripling by 2032
Mukesh Ambani is seeking to reshape India’s financial services industry by leveraging his vast telecom and retail empire BlackRock’s India…
Business
Microdramas Emerge as Multi-Billion Dollar Global Phenomenon, China Market Set to Eclipse Local Box Office, Study Finds
Microdramas have rapidly evolved from experimental content into a mainstream entertainment format generating billions in revenue globally,…
Business
It took 20 years to bring my rapist to justice, says Norfolk man
Matt PreceyBBC East Investigations and Zoe DennisBBC East Investigations It was while serving on a jury in 2018 that Dan Cooper said he…
Business
Keppel inks partnership with Dell on data centre, AI platform investments in Asia
The collaboration will see data centres in Asia-Pacific incorporating Keppel’s green technologies and renewable energy capabilities Asset…
Business
Nissan to shut design studios in US and Brazil and downsize London, Japan operations
The Japanese automaker says that the restructuring, which will be completed by the end of fiscal 2025, is aimed at streamlining its design…
Business
Stocks to watch: Keppel, ComfortDelGro, ASL Marine
The following companies saw new developments that may affect trading of their securities on Wednesday (Sep 17): Source link
Business
AI could boost UK economy by 10% in 5 years, says Microsoft boss
Zoe KleinmanTechnology editor Microsoft says its new $30bn (£22bn) investment in the UK's AI sector – its largest outside of the US -…
Business
Asia’s record stock rally may unravel as tariffs bite, funds say
The current levies include 34% on China, 50% on India, 19% on Indonesia and 15% on Japan The record-breaking rally in Asian stocks is set…
Business
‘The Morning Show’ Renewed for Season 5 at Apple TV+ Just Ahead of Season 4 Premiere
“The Morning Show” has been renewed for a fifth season at Apple TV+, one day before the premiere of Season 4. Starring Jennifer Aniston…
Business
China’s Chery Automobile seeks up to HK$9.1 billion in Hong Kong IPO
Chery Automobile is seeking to raise as much as HK$9.1 billion (S$1.5 billion) in a Hong Kong initial public offering (IPO), kicking off…
Business
Microsoft pledges to invest US$30 billion in UK as Trump visits
Britain ranks among the top countries for private AI investments over the past decade Microsoft announced on Tuesday (Sep 16) a US$30…
Business
Nestle ushers in new leadership era as chairman exits early
Nestle chairman Paul Bulcke will step down early and hand over to former Inditex chief Pablo Isla on Oct 1, accelerating a changing of the…
Business
Morgan Stanley CIO favours 60/20/20 portfolio strategy with gold as inflation hedge
A 60/20/20 portfolio strategy that includes 20 per cent gold is a more resilient inflation hedge at a time when US equities are offering…
Business
Binance nears deal to escape compliance monitor imposed by DOJ
The Justice Department has not made a final decision on the monitorship, which has a three-year duration Binance Holdings, the world’s…
Business
Europe: Stoxx 600 hits one-week low as banks, insurers slide ahead of Fed decision
EUROPEAN shares fell more than 1 per cent at close on Tuesday, weighed down by rate-sensitive sectors, as investors turned cautious in the…
Business
World must spend US$540 billion a year looking for oil and gas: IEA
The outlook also means that companies will need to tap reserves that have not yet been discovered The world needs to spend some US$540…
Business
US: Stocks edge down from records ahead of Fed decision
Wall Street stocks edged down from record highs on Tuesday following solid US retail sales data as markets hold their breath ahead of a…
Business
Oracle, Andreessen Horowitz consortium will control 80% of TikTok in U.S.: report
TikTok‘s U.S. operations would be controlled by an investor consortium including Oracle, Silver Lake and Andreessen Horowitz, under a…
Business
ICE’s Newest Facility Is a Disaster—and They’re Expanding It
An Immigration and Customs Enforcement report revealed that officials at Camp East Montana, the new detention facility at Fort Bliss, have…
Business
Marco Felci Named Tod’s Group Americas CEO
MILAN — Tod’s Group has appointed Marco Felci chief executive officer, Americas. He succeeds Roberto Lorenzini, who, as reported, is…
Business
Harnessing Creativity and AI: How Brands Can Thrive in Today’s Digital-first Media Landscape
In today’s fast-paced and digital-first media era, focusing on community and cultural relevancy is key to brands earning their place in…
Business
Collaboration’s the Secret Sauce to Revitalizing J.Crew
For any brand to succeed, it needs to balance artistic creativity with commercial success and J.Crew Group accomplishes that through…