Singapore shares bounce back after 6-day losing streak; STI up 1%
Stocks on the Singapore Exchange (SGX) rebounded on Monday (Aug 4), snapping a six-day losing streak, even as Asian indices closed mixed. The local market had fallen for six straight…
Swedan Margen
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There Is More to French Opera Than “Carmen” and “Faust”
Virginia Woolf, in her essay “The Lives of the Obscure,” savors the potential fascination of reading authors whom posterity has cast aside: “One likes romantically to feel oneself a…
Amy Sherald’s “Trans Forming Liberty”
The cover of the August 11, 2025, issue, by the artist Amy Sherald, is a portrait of the trans model and performance artist Arewà Basit. The art work is featured in Sherald’s show…
GIC takes 25% stake in Spain’s broadband venture
Sovereign wealth fund GIC will take a 25 per cent stake in a fibre optic broadband venture between MasOrange, partly owned by France’s Orange, and Vodafone Spain, which is owned by…
Trump to name new Fed governor, jobs data head in coming days
US President Donald Trump said that he will announce a new Federal Reserve governor and a new jobs data statistician in the coming days, two appointments that may shape his economic agenda…
Vietnam’s VinFast in talks to boost local sourcing as first India plant opens
The plant is expected to have an annual production capacity of up to 150,000 vehicles [THOOTHUKUDI, India] Vietnamese electric vehicle maker VinFast is in talks with several…
Asian credit gauges head for biggest two-day blowout since April
Any large move in US Treasury yields, over which most corporate US dollar bonds are priced, typically causes spreads to react around the world as traders reprice risk Credit…
China to tax bond interest income after decades of exemption
China said that it plans to tax interest income on bonds issued by the government and financial institutions, in a surprise move that’s prompted investors to reevaluate their debt market…
Asia: Markets fluctuate as traders weigh tariffs, US jobs
Asian markets flitted between gains and losses on Monday as investors continued to digest last week’s tariff blitz by Donald Trump and a US jobs report that fanned fears about the world’s…
HPL shares pare earlier losses to decline slightly as Ong Beng Seng pleads guilty
Shares of Hotel Properties Limited (HPL) tumbled in early trade on Monday (Aug 4) but pared losses as property magnate Ong Beng Seng pled guilty in a case involving the Formula 1 night…
Gold succumbs to profit-taking after US jobs data-fuelled rally
Gold prices slipped on Monday (Aug 4) as investors booked profits after a sharp rise in the previous session following weaker-than-expected US jobs data that boosted expectations…
mm2 Asia faces S$17.6 million in claims but says it can continue as a going concern
Eight counterparties have issued letters of demand against the company and Cathay Cineplexes In a bourse filing on Monday (Aug 4), Cathay Cineplexes owner mm2 Asia said it has received…
Nio’s July deliveries rise 2.5% amid launch of smart large-space SUV
Chinese electric vehicle maker Nio announced on Friday (Aug 1) after trading hours that it had delivered 21,017 vehicles in July, up around 2.5 per cent from 20,498 vehicles in the same…
Stocks to watch: SIA, Nio, Genting Singapore, CDL, United Hampshire US Reit, GHY, Ossia
The following companies saw new developments that may affect trading of their securities on Monday (Aug 4): Singapore Airlines (SIA): The flag carrier was downgraded to a “sell” by UOB Kay…
UK’s FCA proposes £9 billion to £18 billion redress scheme for motor finance claims
Britain’s Financial Conduct Authority (FCA) on Sunday proposed a redress scheme for consumers with motor finance compensation claims following last week’s Supreme Court ruling, estimating…
Thai Airways shares to resume trading after exit from restructuring
The move marks the flag carrier’s return to normal business operations after it had accumulated more than 400 billion baht of debt in the lead-up to the pandemic Shares of Thai…
The insidious risk in holding on to cash
Cash is king – or is it? With interest rates still well above pre-2022’s zilch and pundits touting the Singapore dollar’s “safe haven features”, many are boosting cash holdings. But when…
Texas Democrats leave the state to block vote on redrawn House map backed by Trump
Texas Democrats are leaving the state in an attempt to prevent the state House from holding a vote Monday on new congressional maps that Republicans hope will net them several additional…
Disappointing employment numbers, tariffs uncertainty dog Trump with Democrats seeking foothold
Weak economic indicators are making President Trump's supporters nervous and Democrats increasingly hopeful about a political comeback. Source link
White House's Stephen Miller: Hillary Clinton, Obama officials should be prosecuted for 'coup'
White House deputy chief of staff Stephen Miller said Sunday that newly declassified documents on the Russia collusion hoax reveal a "coup" against President Trump and that those involved…
Trump has 'set up an active search' for the next Fed chair, White House economic adviser says
President Trump has "set up an active search" to decide who to appoint as the next Federal Reserve chair when Jerome Powell's term expires, White House economic adviser Kevin Hassett says.…
U.S. trade representative: Talks with China 'very positive,' Aug. 12 tariff deadline may be extended
U.S. Trade Representative Jamieson Greer said that trade negotiations with China are going well and that President Trump may extend a 90-day pause in tariffs on many Chinese goods that…
Out of order? AI hallucinations suspected in withdrawal of federal judges' questionable rulings
AI hallucinations aren't just for high school students: It seems that federal judges are turning their jobs over to the chatbots -- and suffering the problems that come with it. Source link
'They roll right over': Many Democrats call their party weak and ineffective, AP-NORC poll finds
Many Democrats see their political party as "weak" or "ineffective," according to a poll that finds considerable pessimism within Democratic ranks. Republicans are more complimentary of…