Culture

Mercedes keeps ‘value over volume’ approach in tough Chinese market
[ad_1] The German luxury automaker and its European peers are currently awaiting a lowering of US auto import tariffs to 15% from 27.5%Published Mon, Sep 8, 2025 · 06:16 AM[MUNICH]...
From vision to action: Global Asia Insurance Partnership’s new CEO targets greater coverage in Asia
[ad_1] [SINGAPORE] As the Global Asia Insurance Partnership’s (GAIP) new chief executive officer, Cheng Min Hung is on a mission to tackle one of the region’s most pressing challenges: a...
Meta’s backstop is linchpin for US$26 billion AI data-centre deal
[ad_1] [NEW YORK] When Meta Platforms turned to lenders to secure US$26 billion in debt funding for the construction of a sprawling new data centre, one key detail made all...
Bank of America sees two US Fed rate cuts this year vs none before
[ad_1] [NEW YORK] Economists at Bank of America forecast two US Federal Reserve interest-rate cuts this year, in September and December, based on weak August employment data, scrapping what had...
China joins big oil in opposition to Trump’s biofuel proposal
[ad_1] [NEW YORK] US oil refiners have found an unlikely ally in their opposition to US President Donald Trump’s proposed changes to biofuel policy: China.A plan to slash incentives for...
Russian gas sales to China would not harm US, energy secretary says
[ad_1] Since coming back to the office, Trump has not imposed direct sanctions on Russian energy entitiesPublished Sat, Sep 6, 2025 · 10:10 AM[WASHINGTON] Energy Secretary Chris Wright said on...
Trump says Hassett, Warsh and Waller are finalists for US Fed chair
[ad_1] The timetable for selecting a successor to Powell, whose term as chair expires in May, remains unclearPublished Sat, Sep 6, 2025 · 08:01 AM[WASHINGTON] US President Donald Trump said...
US Fed rate-cut expectations climb following weak job market report
[ad_1] [NEW YORK] Disappointing employment data released on Friday (Sep 5) validated fears that the US labour market may be on the brink of a downturn and lifted expectations for...
Europe: Stocks retreat at close as weak US payrolls stoke slowdown fears
[ad_1] [BENGALURU] European stocks surrendered early gains to finish lower on Friday (Sep 5), dragged by energy and financial shares, as investors turned cautious after softer-than-expected US payrolls data heightened...
US: Stocks dip after poor jobs data
[ad_1] Published Sat, Sep 6, 2025 · 06:05 AM[NEW YORK] Wall Street stocks finished lower on Friday (Sep 5) as markets grappled with worries about the latest weak US labour...
Lululemon’s woes mount on weak demand, Trump trade policies
[ad_1] [Vancouver] Lululemon Athletica’s rough year continued as the once fast-growing apparel chain slashed its outlook on weakening demand and the Trump administration’s tougher trade policies.The retailer’s shares tumbled 20...
Tesla offers unprecedented US$1 trillion pay package to Elon Musk
[ad_1] The additional shares Musk could receive would push his stake in the EV maker to at least 25%Published Fri, Sep 5, 2025 · 07:05 PM[AUSTIN, Texas] Tesla proposed a...