US stocks gain on ‘spectacular’ earnings season
NEW YORK (AFP) – Wall Street stocks advanced on Thursday (July 29) following solid US growth data and earnings, but Facebook dropped on disappointment over its outlook and Robinhood sank […]
China convenes banks in bid to restore calm after stock rout
BEIJING (BLOOMBERG) – China’s securities regulator convened a virtual meeting with executives of major investment banks on Wednesday night (July 28), attempting to ease market fears about Beijing’s crackdown on […]
US stocks mixed as market digest earnings, Fed decision
NEW YORK (AFP) – The Nasdaq rallied while the Dow fell on Wednesday (July 28) as investors digested a slew of mostly positive earnings reports and a Federal Reserve decision […]
US Federal Reserve keeps rates unchanged but cites ‘progress’ towards its goals
WASHINGTON (NYTIMES) – The Federal Reserve kept interest rates unchanged on Wednesday (July 28) and said it would continue buying large quantities of government debt, but suggested that it could […]
Apple quarterly profit nearly doubles but shares fall after iPhone chip supply warning
SAN FRANCISCO (REUTERS) – Apple said a global chip shortage that has bit into its ability to sell Macs and iPads will start to affect iPhone production and forecasted slowing […]
Singapore aims to capture areas in aviation industry that will grow in 5 to 10 years
SINGAPORE – The Government has identified certain growth areas within the aviation industry that are expected to recover strongly in the next five to 10 years, and is trying to […]
Republic Polytechnic student given probation for taking upskirt videos, clips of women in toilet
SINGAPORE – An information technology student from Republic Polytechnic (RP) was stationed at Jurong Medical Centre during his internship when he recorded videos of multiple women in a toilet. Gerald […]
Ninja Van ‘a year away’ from IPO: CEO
SINGAPORE (THE BUSINESS TIMES) – E-commerce logistics player Ninja Van may pursue an initial public offering (IPO) in the US as early as next year. Ninja Van chief executive Lai […]
Amazon denies report of accepting Bitcoin as payment, but is eyeing crypto
NEW YORK (AFP) – Amazon on Monday (July 26) denied a report that the e-commerce giant planned to begin accepting Bitcoin payments by the end of this year, but acknowledged […]
China crackdown rocks investors: ‘Everybody’s in the crosshairs’
SINGAPORE (BLOOMBERG) – Beijing’s clampdown on the booming private education industry has shocked even some of the most seasoned China watchers, prompting a rethink of how far Chinese President Xi […]
Understanding economics, finance useful for youth, can help tackle real-world problems: DPM Heng
SINGAPORE – An understanding of economics and finance provides a valuable foundation for lifelong learning and can be applied to real-world problems, said Deputy Prime Minister Heng Swee Keat on […]
Will making salary public boost fairness?
(NYTIMES) – Ms Carolyn Kopprasch earns US$225,000 (S$306,000) a year. Ms Maria Thomas makes US$267,890. Then comes Ms Darcy Peters with a salary of US$105,143. That information, taken in before […]
Pay $272k to return to life decades after death?
(NYTIMES) – When an 87-year-old California man was wheeled into an operating room just outside Phoenix last year, the pandemic was at its height and medical protocols were being upended […]
$1.5m more to support HDB ground-up projects as pandemic highlights their importance
SINGAPORE – An obstacle course for pets in Bukit Panjang. A hub in Toa Payoh with an indoor hydroponics system and an art gallery. A calendar featuring recipes of 12 dishes […]
Cuentas and WaveMax Sign an Exclusive and Definitive JV Agreement for 1,000 Locations to Offer Advertising on WiFi6 Next Generation Patented Technology in Cuentas’ “Bodegas” Network throughout the USA
MIAMI, FL / ACCESSWIRE, Jul 23, 2021 – (ACN Newswire via SEAPRWire.com) – Cuentas, Inc. (NASDAQ:CUEN & CUENW) (‘Cuentas’), a leading FinTech provider (Top 4 Fintech) of mobile banking, digital […]
Trendlines shelves plans to dual-list on Tel Aviv bourse
SINGAPORE (THE BUSINESS TIMES) – Singaoire-listed The Trendlines Group said on Thursday (July 22) that it will drop its plan for a proposed dual primary listing and securities offer on […]
Intel raises full-year sales forecast, but supply constraint woes send shares down
SAN FRANCISCO (REUTERS) – Intel raised its annual revenue forecast above Wall Street expectations on Thursday (July 22), but chief executive Pat Gelsinger said the outlook for the chipmaker was […]
Man allegedly cheated companies of over $4m, conspired to dupe them of another $400k
SINGAPORE – A 46-year-old man allegedly duped two companies into paying a total of more than $4 million to two other firms – one of which he was a partner. Hussain […]
Temasek defends green goals as it backs Singapore Airlines, Sembcorp Marine
SINGAPORE (BLOOMBERG) – It might seem contradictory to invest in carbon-emitting polluters while pledging to be an eco-trailblazer, but that’s exactly what Singapore state investor Temasek Holdings is attempting to […]
Elon Musk says Tesla will ‘most likely’ restart accepting Bitcoin as payments
BENGALURU (REUTERS) – Electric-car maker Tesla will most likely restart accepting Bitcoin as payments once it conducts due diligence on the amount of renewable energy used to mine the currency, […]