Gold steadies near record high as investors await Fed verdict
The US central bank is expected to deliver a quarter-percentage-point interest rate cut later in the day to support the labour market Gold prices hovered near all-time highs on Wednesday…
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Keppel inks partnership with Dell on data centre, AI platform investments in Asia
The collaboration will see data centres in Asia-Pacific incorporating Keppel’s green technologies and renewable energy capabilities Asset manager Keppel on Wednesday (Sep 17) said it inked…
Nissan to shut design studios in US and Brazil and downsize London, Japan operations
The Japanese automaker says that the restructuring, which will be completed by the end of fiscal 2025, is aimed at streamlining its design operations Nissan Motor will close its design…
China’s Chery Automobile seeks up to HK$9.1 billion in Hong Kong IPO
Chery Automobile is seeking to raise as much as HK$9.1 billion (S$1.5 billion) in a Hong Kong initial public offering (IPO), kicking off what’s shaping up to be a busy season for big…
Binance nears deal to escape compliance monitor imposed by DOJ
The Justice Department has not made a final decision on the monitorship, which has a three-year duration Binance Holdings, the world’s largest crypto exchange, is moving towards a…
Europe: Stoxx 600 hits one-week low as banks, insurers slide ahead of Fed decision
EUROPEAN shares fell more than 1 per cent at close on Tuesday, weighed down by rate-sensitive sectors, as investors turned cautious in the run-up to the US Federal Reserve’s highly…
Tyler Robinson: Charlie Kirk Warned Trans Girlfriend to Delete Incriminating Texts after Charlie Kirk Murder and Not to Speak to Police
Tyler Robinson, the alleged Charlie Kirk assassin, warned his transgender girlfriend to keep quiet and avoid talking to the police after the conservative commentator's death, according to…
Tyler Robinson: Charlie Kirk Shooter Could Face Firing Squad as He Is Hit with Seven Counts Including Aggravated Murder
Tyler Robinson has now been formally charged over last week's deadly shooting of conservative commentator Charlie Kirk — and if found guilty, he may face execution by firing squad. Utah…
Trump says US has a buyer for TikTok
President Donald Trump said on Tuesday (Sep 16) that the US and China have a deal that will keep the short-video app TikTok operating in the United States, transferring its US assets to US…
Apac family offices responded most vigorously to tariff turmoil globally: report
Family offices in the Asia-Pacific region responded more vigorously to tariff turmoils than their counterparts elsewhere, a report has found. In the market turmoil following the US’ tariff…
Musk answers Tesla’s pay proposal with US$1 billion stock buy
ELON Musk responded to an unprecedented pay proposal from Tesla’s board by buying about US$1 billion worth of shares, sending the stock soaring in premarket trading. The billionaire bought…
STI closes flat on Tuesday as regional peers gain
Decliners outnumber advancers 278 to 256 in the broader market, with 1.5 billion shares worth S$1.4 billion changing hands The Straits Times Index (STI) closed flat on Tuesday (Sep 16),…
Food-delivery platform foodpanda to rely on affordability, convenience and quick commerce to drive growth
It has been eight months since Bhavani Shankar Mishra took over the hot seat as Singapore managing director for food-delivery platform foodpanda – and his stint has not been without its…
Nvidia’s new RTX6000D chip for China finds little favour with major firms: sources
[BEIJING/SHANGHAI] Nvidia’s RTX6000D, its newest artificial intelligence (AI) chip tailored for the Chinese market, has seen only lukewarm demand with some major tech firms opting not to…
Metro soars 6% on news of strategy revamp
The stock hit a two-year high in intraday trade after a BT report on the retailer’s plans to launch new retail concepts Shares of department store retailer Metro advanced on Tuesday (Sep…
Japan's Nikkei hits record close for fourth day on chip gains ahead of Fed decision
Japan’s Nikkei share average closed at a record high for a fourth consecutive session on Tuesday (Sep 16), as investors scooped up chip-related stocks ahead of the US Federal Reserve’s…
Hong Kong equity deals boom as Chinese firms rush to market
Initial public offerings, secondary share sales and equity-linked transactions are all poised for a boom period Hong Kong bankers have ended the summer lull with a bang, closing billions…
Australia says social media ban will not age test all users
AUSTRALIA will not require social media giants to verify the ages of all users under its ban on under-16s using the platforms, Canberra said on Tuesday. But platforms like Facebook,…
MMC Ports is said to begin meeting IPO investors this week
MMC Port Holdings is expected to start investor education for its planned initial public offering (IPO) as soon as this week, sources familiar with the matter said, in what is set to be…
Nvidia says complies with law after China antitrust finding
US CHIP giant Nvidia said on Tuesday it follows all laws after a Chinese investigation found it had breached antitrust rules, the latest development in a fierce tech battle between Beijing…
Trump administration orders Delta, Aeromexico to end joint venture by Jan 1
The Trump administration said late on Monday it was ordering Delta Air Lines and Aeromexico to unwind a joint venture by Jan 1 that let the carriers coordinate scheduling, pricing and…
Appeals court declines to let Trump remove Fed Governor Cook
A US appeals court declined on Monday to allow Donald Trump to fire Federal Reserve Governor Lisa Cook - the first time a president has pursued such action since the central bank’s…
Stephen Miran wins Federal Reserve post confirmation as Senate backs Trump pick
The FOMC is already expected to cut interest rates for the first time since December on weakening job growth US President Donald Trump’s economic adviser Stephen Miran is on his way to…
US tariff of 15% on Japanese auto exports to take effect Tuesday
US President Donald Trump has signed an executive order to implement the deal earlier this month, setting a maximum 15% tariff on most of Japan’s products The US will begin formally…