Fashion
Bank of America CEO expects markets revenue to jump in fourth quarter
[NEW YORK] Bank of America CEO Brian Moynihan said on Wednesday he expects revenue from the bank’s markets business to rise between a high single-digit percentage and 10 per...
Oil settles higher after US seizes tanker off Venezuela’s coast
[NEW YORK] Oil prices settled higher on Wednesday after officials said the US seized an oil tanker off the coast of Venezuela, adding to concerns about immediate supplies. Brent crude futures rose...
European shares flat ahead of Fed decision; investors assess mixed corporate updates
EUROPEAN shares ended flat on Wednesday, as investors adopted a cautious stance ahead of the US Federal Reserve’s interest rate decision, while also parsing a slate of corporate announcements.The pan-European Stoxx...
Divided US Fed lowers rates by 25 bps, signals pause and one 2026 cut as growth rebounds
The pace of price increases has risen steadily from 2.3 per cent in April, above the Fed’s 2 per cent inflation target [WASHINGTON] A sharply divided Federal Reserve cut interest rates...
Musk’s fortune would more than double on US$1.5 trillion SpaceX
Musk’s path to becoming a trillionaire, whether it is through Tesla or SpaceX, is not without challenges[NEW YORK] The richest man in the world could more than double his...
How Did Frank Cozzolino Die? HGTV Star Dies Suddenly Following Health Complications Aged 56 as Co-Host Mike Holmes Pays Emotional Tribute
HGTV Canada star Frank Cozzolino has died suddenly from complications following a second liver transplant, his heartbroken co-host, Mike Holmes, revealed. Cozzolino, who worked with contractor Mike Holmes on...
Ultragreen.ai’s stabilising manager buys 2.3 million shares in fifth stabilising action since IPO
Citigroup Global Markets Singapore has now bought around 17.7 million shares of the medical technology company’s shares[SINGAPORE] The stabilising manager of Ultragreen.ai purchased about 2.3 million shares of the...
Ever Glory to offer 2 million new shares at S$0.64 each ahead of proposed transfer to mainboard
It will raise around S$1.2 million in net proceeds if the offer is fully subscribed[SINGAPORE] As part of its proposed transfer to the Singapore Exchange (SGX) mainboard, Catalist-listed engineering...
Temasek, top funds bid in Swiggy’s US$1.1 billion share sale
The fundraising underscores the Indian e-commerce market’s rapid expansion amid surging demand[MUMBAI] Global investors, including Temasek Holdings and Capital Group, are offering to buy shares in Swiggy, according to...
MPACT subsidiary sells Festival Walk Tower for close to HK$2 billion
[SINGAPORE] The manager of Mapletree Pan Asia Commercial Trust (MPACT) announced on Wednesday (Dec 10) that its subsidiary – Festival Walk – will sell Festival Walk Tower for nearly...
ComfortDelGro and Pony.ai get green light to test self-driving shuttles on public roads in Punggol
[SINGAPORE] The Land Transport Authority (LTA) of Singapore has given its approval to transport operator ComfortDelGro and its autonomous vehicle (AV) partner Pony.ai to begin testing their AV shuttles...