(BLOOMBERG) – FedEx Corp. struggled with higher costs as package growth stalled, leading the courier to cut its annual earnings outlook and post quarterly profit below analysts’ expectations. Adjusted earnings […]
NEW YORK (BLOOMBERG) – Oil ended higher after a choppy session as concerns over tightening supply outweighed fears over the state of China’s economy. Futures in New York closed 0.4 […]
SINGAPORE (THE BUSINESS TIMES) – Shanghai-based Keenon Robotics is turning to Singapore to kick off its international ambitions, with the help of its latest investor, SoftBank’s Vision Fund 2, and […]
NEW YORK (BLOOMBERG) – Cryptocurrency prices slumped as a broad sell-off sparked by worries about contagion from China Evergrande Group swept through global markets. Bitcoin was down 8.1 per cent […]
PARIS (AFP) – The United States’ decision to lift restrictions on incoming travellers vaccinated against Covid-19 was met with a sigh of a relief by the global airline sector, which […]
NEW YORK (BLOOMBERG) – A global rout in stock markets sparked by concerns over China Evergrande Group hit the world’s biggest fortunes on Monday (Sept 20), with the richest 500 […]
NEW YORK (REUTERS) – Wall Street plunged on Monday (Sept 20) as fear of contagion from a potential collapse of China’s Evergrande prompted a broad sell-off and sent investors fleeing […]
SINGAPORE – There’s no lack of action in the local start-up scene with several firms landing fresh funds from investors in recent months. The money has been pouring in across […]
WASHINGTON (REUTERS) – US auto safety investigators have opened a new probe into 30 million vehicles built by nearly two dozen automakers with potentially defective Takata air bag inflators, a government […]
SINGAPORE – The hot property market has sparked a recruitment war between real estate agencies, with all manner of inducements rolled out to entice agents to jump ship. Agencies are […]
SINGAPORE – September has traditionally been a rocky month for equity markets, and this year appears to be no exception. Wall Street’s main indices – which have overwhelming influence over […]
BERLIN (AFP) – Europe’s largest airline group Lufthansa, hit hard by the coronavirus pandemic, said Sunday (Sept 19) it would seek to raise more than two billion euros with a […]
(NYIMES) – YouTuber Cody Ko, who has 5.7 million subscribers, found himself in a pickle in May. Two different start-ups wanted to give him stock and he was concerned that […]
Singapore may have leapfrogged many advanced cities, including Hong Kong, to be one of the most popular investment destinations for the rich and famous. Over the past decade, efforts to […]
There is a lot more to investing than just maximising returns, says finance executive Chuin Ting Weber, who looks at the process with a more analytical eye than most. “Money […]
(BLOOMBERG) – Affluent New Yorkers used to pay a premium to live in apartments that are within walking distance to their offices in the city. The pandemic has turned that […]
(BLOOMBERG) – Across the world, a dearth of workers is shaking up food supply chains. In Vietnam, the army is assisting with the rice harvest. In the United Kingdom, farmers […]
NEW YORK (REUTERS) – US stocks ended sharply lower in a broad sell-off on Friday (Sept 17), ending a week buffeted by strong economic data, corporate tax hike worries, the […]
SHANGHAI (BLOOMBERG) – Protests intensify at China Evergrande Group offices across the country as the developer falls further behind on promises to more than 70,000 investors. Construction of unfinished properties […]
NEW YORK (REUTERS) – It turns out robots are taking over jobs fastest around the world in places where their human counterparts are ageing the most rapidly. That is the […]
