Culture
Gold hovers near record high as Fed’s Powell grabs limelight
GOLD prices steadied on Thursday (Sep 26) after hitting a record high on the previous session, aided by the expectations for another big rate cut by the US Federal...
Singapore shares open lower on Thursday; STI down by 0.3%
SINGAPORE stocks began Thursday (Sep 26) trading in negative territory, mirroring overnight losses in global markets. As at 9.01 am, the Straits Times Index (STI) decreased 0.3 per cent or...
Oracle’s investment in chipmaker Ampere gives it option to own
ORACLE said it owns 29 per cent of startup Ampere Computing and can exercise future investments options that would give it control of the chipmaker.Oracle said in addition to...
Stocks to watch: First Sponsor, Dyna-Mac
THE following companies saw new developments that may affect trading of their securities on Thursday (Sep 26):First Sponsor: The mainboard-listed property developer has raised gross proceeds of about S$244...
Some 7-Eleven owners in Japan fed up with strategy, welcome foreign bid
AS MUCH as Jun Nagao doesn’t like the idea of foreigners scooping up Japanese companies, the former 7-Eleven franchise owner thinks a takeover would bring welcome change to the...
Tesla’s potential ‘best quarter’ in China raises expectations
WITH Tesla possibly looking at its “best quarter ever” in China, Wall Street pros are rushing to increase their outlooks for the electric vehicle (EV) maker’s quarterly sales.At least...
PayPal expands cryptocurrency offerings to US business accounts
PAYPAL Holdings will now permit merchants to buy, hold and sell cryptocurrency from their business accounts, expanding on the payments firm’s already-available consumer offerings.PayPal has allowed consumers to buy,...
Boeing strike leaves Asian airlines sweating on plane deliveries
THE Seattle factory strike crippling production at Boeing is triggering delays to 737 Max deliveries across Asia, a region that’s already home to some of the biggest order backlogs...
Blackstone signals deal exits will remain muted this quarter
BLACKSTONE, the world’s largest alternative asset manager, signalled that profits from selling deals will remain subdued this quarter.The firm disclosed two preliminary profit measures tied to realisations from the...
Europe: Shares end marginally lower as energy stocks drop
EUROPE’S Stoxx 600 closed slightly lower on Wednesday as energy stocks tracked lower crude oil prices, while Germany’s SAP slipped on news that the US is investigating the software...
