The Fed’s Phantom Tradeoff
A predictable, rules-based monetary policy would deliver the price stability that labor markets require to thrive. Source link
Swedan Margen
I focus on highlighting the latest in business and entrepreneurship. I enjoy bringing fresh perspectives to the table and sharing stories that inspire growth and innovation.
When White’s Not Right
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No, the USS Liberty Attack Wasn’t Israeli Treachery
A half-century-old theory that the Jewish state deliberately attacked the USS Liberty during the Six-Day War has renewed currency. Source link
China’s renminbi climbs to 15-month high, overcoming weak PBOC fixing
On Dec 23, onshore yuan ends at 7.0287 per US dollar, while its offshore counterpart fetches 7.0181 at 4.30pm SGT China’s renminbi climbed to a 15-month high against a weakening US dollar…
A Trump-inspired ‘Big Beautiful’ baby bonus could help birth the next boom for Singapore equities
It wouldn’t cost much relatively, and it could pave the way for stock investments to be part of our lives – while helping to make SGX great again US President Donald Trump is one of the…
Singapore stocks inch up on inflation forecast; STI gains 0.6%
Local shares closed higher on Tuesday (Dec 23), after the authorities maintained their full-year forecasts for Singapore’s core and headline inflation for November. Core inflation, which…
Mitsui OSK inks financing deal for Singapore LNG terminal with banks including DBS, OCBC
The deal is for a newbuild floating storage and regasification unit that will be operated by Singapore LNG Corporation Mitsui OSK Lines (MOL) has signed a project finance agreement with a…
Citigroup, Daiwa are latest to expand Japan dealmaking teams
This is due to hostile takeovers no longer being taboo, and private equity and activist investors are more prominent It is a good time to be an investment banker in Japan, with Citigroup…
Who Is Rodney Chatman? Brown University Places Its Troubled Police Chief on Administrative Leave 'Effective Immediately' after Deadly Campus Shooting
Brown University has placed its troubled police chief on administrative leave "effective immediately" following the devastating campus shooting that killed two students. Rodney Chatman,…
Gold sets 50th daily record this year on rate-cut bets and geopolitical risk
Gold has risen 70% this year, driven by strong central-bank buying and inflows into bullion-backed ETFs Gold rose to an all-time high on Tuesday (Dec 23) – the 50th day it’s broken records…
Iowa Mother Charged After Consuming Alcohol and Leaving 3-Year-Old Son Unsupervised, Leading to Child's Death in Hot Garage
The mother of a 3-year-old boy found dead in a Bondurant garage earlier this year has turned herself in. Tiffani R. Huff Holmes, 41, surrendered to the Polk County Jail late Sunday, Dec.…
Huawei’s Maextro S800 becomes China’s top-selling US$100,000 car
Huawei Technologies’ ultra-luxury Maextro S800 sedan is so popular in China nowadays, it is outselling Porsche’s Panamera, Mercedes-Benz Group’s S-Class and all other vehicles with sticker…
DOJ Releases Fake Video of Jeffrey Epstein Suicide Inside Prison Cell as Part of File Dump Sparking Online Backlash
The Justice Department on Monday shared a disturbing video that appeared to show a recreation of Jeffrey Epstein's suicide inside his Manhattan jail cell. The footage immediately sparked…
Sevier County Teacher Arrested for Raping Her Student, Exchanging Explicit Texts with Others on Snapchat
A Sevier County Schools teacher has been arrested on charges of rape and sexual exploitation of minors involving her students. Ashley Palmer, 42 is facing two counts of statutory rape by…
Asian markets rally again as rate cut hopes bring Christmas cheer
EQUITIES extended a global rally on Tuesday, while gold and silver hit fresh records as optimism for more US interest rate cuts and an easing of AI fears helped investors prepare for the…
Apple, Google and others tell some foreign employees to avoid traveling out of the country
Big Tech companies, including Apple, Google, Microsoft, and ServiceNow, have warned employees on visas to avoid leaving the country amid uncertainty about changing immigration policy and…
Straits Trading launches senior living pilot in Singapore, Malaysia
It aims to build an integrated independent value-chain in the senior living business Mainboard-listed The Straits Trading Company on Tuesday (Dec 23) unveiled a new pilot programme for…
Straits Trading launches senior-living programme in Singapore, Malaysia
It aims to build an integrated independent value-chain in the senior living business Mainboard-listed The Straits Trading Company on Tuesday (Dec 23) unveiled a new pilot programme for…
Australia central bank saw risk of rate rise in 2026 to contain inflation
Core inflation rose to 3.3 per cent in October, taking it further above the RBA’s target band of 2 per cent to 3 per cent Australia’s central bank this month considered whether a rise in…
Volare Group triggers mandatory cash offer for Alpha Integrated Reit at S$0.48 per unit
The move comes after Volare acquired a significant stake of AI-Reit from ESR Group Mindarie Investment, a wholly owned subsidiary of Swiss-based Volare Group, on Tuesday (Dec 23) launched…
Stocks to watch: CapitaLand Investment, Ever Glory United
The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 23): CapitaLand Investment (CLI): Bursa-listed CapitaLand Malaysia Trust (CLMT) has…
Boasberg orders Trump to prepare to bring back Venezuelans deported under Alien Enemies Act
U.S. District Judge James Boasberg ruled Monday that the Trump administration must either un-deport or give new hearings to the Venezuelan migrants it sent to El Salvador on three…
Citigroup to boost Japan investment banking team on deal boom
Other banks are strengthening their investment banking operations in Japan as well CITIGROUP will further increase its investment banking team in Japan to capitalise on a record-breaking…
Colorado faces $24M federal funding cut over illegal commercial driver's licenses
The head of the U.S. Department of Transportation threatened Monday to withhold $24 million in federal funding from the state of Colorado for what he described as a slow response to a…