Tag
The Bank of England held interest rates at 4.25 per cent as expected on Thursday (Jun 19) but said it was focused on risks from a weaker labour market and higher energy prices as conflict…
The US central bank held interest rates steady on Wednesday and policymakers signaled borrowing costs are still likely to fall in 2025, but Federal Reserve Chair Jerome Powell cautioned…
The Nasdaq 100 Index has seen a strong rally from April through early June 2025, buoyed by optimism surrounding US-China trade negotiations. This positive sentiment was reinforced by US…
Wait though … Perplexity—like other AI search engines—has been criticized for hallucinating and getting things wrong. We welcome this criticism, because it’s the best way for us to…
Chile’s Quijote Films, behind Un Certain Regard winner “The Mysterious Gaze of the Flamingo” and Madre Content – co-run by much-courted emerging filmmaker Francisca Alegría, director of…
Starz, fresh off its separation from former parent company Lionsgate, reported results for the first three months of the year. For the quarter, which was the company’s Q4 of fiscal 2025,…
Wealthy customers of UBS Group are looking to buy more alternative assets as they seek to diversify investments during a volatile period for markets and global trade, according to the…
Mitsui OSK Lines, owner of the world’s largest fleet of liquefied natural gas carriers, said it is hard to buy Chinese vessels for the time being as the US ramps up scrutiny of the Asian…
Royalty was on the scene at the Formula 1 Grand Prix in Monaco on Sunday. Charlene, Princess of Monaco attended the events dressed in an all-red look. Charlene wore a custom red Louis…
JPMorgan Chase is seeing a broad-based recovery in China and growing interest from foreign investors seeking to diversify, as the global tariff regime drives portfolio shifts and fuels an…
The Bank of England cut its main interest rate by 0.25 percentage points to 4.25 per cent on Thursday, despite an unexpected three-way split among policymakers as US President Donald…
Toyota Motor said US President Donald Trump’s tariffs will result in a 180 billion yen (S$1.6 billion) hit to operating income in just two months, with the Japanese carmaker joining a…
Toyota Motor said US President Donald Trump’s tariffs will result in a 180 billion yen (S$1.6 billion) hit to operating income in just two months, with the Japanese carmaker joining a…
Rivian Automotive said full-year deliveries will decline more sharply than it anticipated just a month ago, citing risks that US President Donald Trump’s trade war will further dampen…
A California lawyer turned longtime business chief for Tarak Ben Ammar, Brigitte Segal had no background in soundstage operations when she took over Les Studios de Paris in 2015. But that…
The Bank of Japan’s (BOJ’s) rate-hike cycle is facing its biggest test since Governor Kazuo Ueda took the helm two years ago, with US President Donald Trump’s tariffs rapidly narrowing the…
The rapid acceleration of artificial intelligence adoption in financial services presents a risk to financial stability, the Reserve Bank of New Zealand said in a report on Monday.…
Even value meals aren’t enough to get anxious consumers to spend. Despite efforts to entice customers to its restaurants, McDonald’s saw its sales slip in the first three months of the…
The company’s use of generative artificial intelligence, including its “magical” listing tool, and improvements in search and targeted advertising are helping simplify both selling and…
South Korea, Singapore and China’s currencies are likely to be the biggest Asian beneficiaries as central banks look to diversify their reserves away from the US dollar, according to…
Hong Leong Finance (HLF) announced that it has seen a more than 300 per cent increase in electric vehicle (EV) loans, from S$73 million in 2023 to S$314 million in 2024. Besides EV loans,…
Real estate and renewable assets are becoming more attractive in the face of stock market volatility, according to the head of Norway’s US$1.8 trillion sovereign wealth fund. “The world is…
Anne Hathaway was part of the star-studded guest list for Gigi Hadid’s 30th birthday party on Friday in New York City. Hathaway attended the event alongside her husband of nearly 13 years,…
Office and retail tenants are expected to hold off on their expansion plans amid uncertainty over the impact of US tariffs, said the manager of Suntec real estate investment trust (Reit).…
