Culture
Fed minutes show majority of FOMC saw inflation as greater risk
[ad_1] [NEW YORK] Most US Federal Reserve officials highlighted the risk to inflation as outweighing concerns over the labour market at their meeting last month, as tariffs fuelled a growing...
Europe: Stoxx 600 closes higher but gains limited by tech, defence
[ad_1] EUROPE’S Stoxx 600 closed higher on Wednesday boosted by consumer and healthcare stocks, while declines in tech and defence stocks limited gains, ahead of a crucial meeting of global...
Beng Kuang expands into chemical cleaning in oil and gas industry
[ad_1] [SINGAPORE] Beng Kuang Marine has formed a new business for specialised industrial chemical cleaning, the company said in a bourse filing on Wednesday (Aug 20).The new business, called Clean...
Sats grows Q1 profit 9.1% to S$70.9 million with higher cargo, food service volumes
[ad_1] AIRLINE caterer Sats grew its Q1 earnings 9.1 per cent to S$70.9 million for the first quarter ended June, boosted by growth in aviation cargo and food service volumes....
Estee Lauder forecasts annual profit below estimates as tariffs hit
[ad_1] Estee’s organic net sales for the fourth quarter fell 13%, compared with an 8% rise a year agoPublished Wed, Aug 20, 2025 · 07:11 PM[WASHINGTON] Estee Lauder forecast annual...
STI rises 0.1% despite US big tech sell-off
[ad_1] [SINGAPORE] Equities in Singapore rose slightly on Wednesday (Aug 20), as the market reacted to a sell-off among US big tech names such as Nvidia and Oracle, which fell...
UOB partners edtech player to teach digital skills to 90,000 Indonesian students
[ad_1] [SINGAPORE] UOB has partnered with Indonesian edtech platform Ruangguru to give 90,000 students in the archipelago access to digital learning tools and future-ready skills. The five-year initiative, part of...
Nexstar to buy Tegna for US$3.5 billion in bet on FCC reforms
[ad_1] [WASHINGTON] Nexstar Media Group agreed to buy TV station operator Tegna for US$3.5 billion in a deal that stands to dramatically expand Nexstar’s reach and test the Trump administration’s...
China leaves benchmark lending rates unchanged in August, matching forecast
[ad_1] Published Wed, Aug 20, 2025 · 02:15 PM[SHANGHAI] China kept benchmark lending rates in August unchanged for the third consecutive month on Wednesday (Aug 20), in line with market...
Grab system glitch pushes some fares past S$1,000; company says full refunds made on ‘misconfigured fee’
[ad_1] [SINGAPORE] Prices on ride-hailing giant Grab jumped about a hundred times from the usual rates, with short trips within Singapore costing S$1,000 or more, Bloomberg reported on Wednesday (Aug...
