Business
Bank of Japan urged to keep or slow bond taper pace from fiscal 2026
The Bank of Japan (BOJ) received a sizeable number of requests to maintain or slightly slow the pace of tapering in its bond purchases…
Section
Business
Business
Australia central bank pondered outsized rate cut in May, decided to be predictable
Australia’s central bank considered cutting interest rates by an outsized 50 basis points last month as “insurance” against global trade…
Business
Australia cracks down on crypto ATMs as scams, fraud uncovered
There are now more than 1,800 machines in the country compared to just 23 in 2019, according to Austrac data Australia’s financial crimes…
Business
Widjaja family’s Sinarmas Land offer closes with 98.65% resultant shareholding
Property development group Sinarmas Land requested the Singapore Exchange (SGX) to suspend trading of its shares with effect from 9 am on…
Business
Toyota to take key supplier private in US$33 billion deal
Toyota Motor will take forklift-maker Toyota Industries private in a US$33 billion deal, the companies said on Tuesday (Jun 3), a landmark…
Business
Electric trucks are the latest threat to oil demand in China
MORE and more Chinese trucks are being powered by batteries, another sign that oil-based fuels are getting shoved to the sidelines in an…
Business
Stocks to watch: CapitaLand Ascendas Reit, Sinarmas Land, Oxley Holdings
THE following companies saw new developments that may affect trading of their securities on Tuesday (Jun 3): CapitaLand Ascendas Reit…
Business
Asia’s top-rated bonds lifted by pullback from US Treasuries
Bonds in Australia and Singapore are getting a lift from rising questions about the appeal of Treasuries, as fears that a proposed US tax…
Business
Merck held talks to buy biotech MoonLake for over US$3 billion: FT
K has held talks to buy Swiss biotech MoonLake Immunotherapeutics for more than US$3 billion, the Financial Times reported on Monday,…
Business
Vanguard files for new ex-China emerging markets ETF
ASSET management giant Vanguard Group plans to launch a new exchange-traded fund (ETF) that will target emerging markets while excluding…
Business
Warning over TikTok food sellers not listing allergens
Charlotte Edwards Business reporter, BBC News TikTok users are selling food without listing allergen information, the BBC has found.…
Business
Will crypto replace banking? The Trump administration can’t decide
Last year, Donald Trump took the stage of the Las Vegas Bitcoin Conference to worship at the altar of cryptocurrency. He said he would…
Business
Microsoft cuts hundreds more jobs after firing 6,000 last month
The AI boom has roiled the tech labour market because companies are prioritising AI-focused jobs and harnessing the technology to save…
Business
Google Deepmind CEO says global AI cooperation ‘difficult’
Artificial intelligence pioneer and head of Google’s Deepmind, Demis Hassabis on Monday said that greater international cooperation around…
Business
US: Stocks end higher as traders shake off trade tensions
stocks shook off a gloomy start to the week to close higher on Monday, with traders looking through the new trade uncertainty fueled by…
Business
Among the top paid CEOs of 2024, 18 saw their salaries more than double
The year 2024 was a good one for the people who ran some of the country’s biggest companies. CEO pay set another record last year,…
Business
Amazon Joins U.S. SailGP Team as Official Retail Partner
Amazon founder Jeff Bezos’ yacht outings with his fiancé Lauren Sanchez get plenty of play in the tabloids, but Amazon — the brand — is…
Business
Why Prior Authorization Is Causing Headaches and How to Solve It
In healthcare, insurance companies use prior authorization (PA) to determine whether a prescribed treatment, medication, or procedure is…
Business
Equinox Hires Former Tory Burch Exec Bindu Shah as CMO and CDO
Equinox, the high-performance, upper-tier lifestyle company, has tapped the former Tory Burch executive Bindu Shah to amp up its marketing…
Business
Recession Blond: The Low-Maintenance Hair Trend Taking Over Hollywood
Actor Justine Lupe unintentionally matched sisters and executive coproducers Erin and Sara Foster at Netflix’s FYSEE “Nobody Wants This”…
Business
Tesla Superchargers are being removed from the N.J. Turnpike as state opts for third-party EV chargers
The New Jersey Turnpike Authority (NJTA) announced its plans last week to transition to Universal Open Access chargers for electric…
Business
Redfin: These 31 major housing markets have shifted to buyer’s markets
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. During the pandemic…
Business
Rayan Ait-Nouri: Manchester City target Wolves defender
Manchester City boss Pep Guardiola has put Rayan Ait-Nouri at the top of his list to solve his side's problematic left-back spot. City…