Tag
Investors are favouring Indonesian sovereign debt over Indian bonds in the contest between Asia’s two traditional high-yield markets. Analysts say the trend has room to run. The yield gap…
THE Nasdaq 100 rose on Thursday (Sep 4), closing 218.17 points, or 0.93 per cent higher, at 23,633.01, as investors digested weaker-than-expected labour market data ahead of Friday’s…
EUROPEAN shares closed higher on Thursday as heightened expectations for a US Federal Reserve interest rate cut lifted markets, while easing pressures on bond market also supported the…
Global systems integrator NTT Data is navigating the rising tensions between artificial intelligence (AI) giants in the East and West by forging deeper partnerships on both sides, said…
Thailand’s deepening political crisis is insulating its bonds from the global rout, as growing expectations of further interest-rate cuts to support the sluggish economy boost demand for…
Investment bankers had pitched a breakup to Kraft Heinz for years without success, sources said. The company finally agreed to a split when it realised that two simpler companies would be…
Gold prices extended their record run on Wednesday (Sep 3), holding firm above the key US$3,500 level, driven by growing investor confidence that the US Federal Reserve will cut interest…
Legal sports betting is still not offered in California or Texas, the country’s two most populous states—and in Florida, the third most-populous, it’s largely controlled by the Seminole…
For more than a decade, social platforms have faced criticism for embedding algorithms that fuel compulsive behaviors, encourage doomscrolling, and measure success by time spent glued to…
Following major festival awards wins in both Berlin (“The Blue Trail”) and Cannes (“The Mysterious Gaze of the Flamingo”), Chile landed in Venice with a strong presence, with Niles…
Gold prices rose to a more than four-month high on Monday (Sep 1), as increased expectations of a US Federal Reserve interest rate cut this month lifted bullion’s allure. Spot gold was up…
When does a gambling habit become a gambling problem? Is it when you’re down to your last wadded-up banknote, which you keep stuffed in your sock till all else has been spent? Or maybe…
It’s game time for Breitling. The luxury Swiss watchmaker pulled out all the stops, shutting down Washington Street in New York’s Meatpacking District next to their downtown boutique to…
After posting record half-year sales figures on Wednesday (Aug 27), Lego said it would sustain its momentum by doubling down on the market in Asia. The Danish toymaker announced 34.6…
South Korean President Lee Jae-myung is leaning on promises to “Make America Shipbuilding Great Again” during his first official US trip, as the two allies wrangle over other details of…
In an era where fashion e-commerce is being reshaped by social media shopping and massive global platforms, Place des Tendances, the French multibrand retailer owned by Printemps Group, is…
Catalist-listed Hyphens Pharma wants to ride on the growing medical aesthetics market across South-east Asia, with the aim of becoming the region’s leading consumer healthcare group. The…
Gold was subdued on Friday (Aug 15) and was heading for a weekly fall, as hotter-than-expected US inflation data dented expectations for a super-sized 50 basis points US interest rate cut…
Wall Street’s largest hedge funds, Bridgewater Associates, Tiger Global Management and Discovery Capital, increased their exposure to Big Tech in the second quarter amid a generational…
Wall Street traders dialled back expectations for an interest-rate cut next month, sending Treasury yields higher, after fresh data on wholesale prices signalled tariffs are pushing up…
Gold rose for a third straight session on Thursday (Aug 14), helped by a weaker US dollar and lower Treasury yields as traders raised bets for a US interest rate cut in September. Spot…
STOCKS in Asia were set to track Wall Street higher after an in-line US inflation reading bolstered speculation the Federal Reserve will have room to cut rates in September. Equity-index…
Gold prices inched higher on Wednesday (Aug 13), supported by a weaker US dollar after tame US inflation data cemented bets for an interest rate cut in September, although a trade war…
Hedge funds cut their bullish stance on US oil to the lowest since mid-April as rising US crude inventories and Organization of the Petroleum Exporting Countries+ (Opec+’s)…
