Business
Bank of Japan split over how US policies impact rate hikes: March minutes
Bank of Japan policymakers were divided in March over how soon the central bank should raise interest rates again as uncertainty stemming…
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Business
Business
Gold rises as Fed warns of economic uncertainty; Sino-US trade talks eyed
Gold prices climbed on Thursday (May 8) after the Federal Reserve warned of rising inflation and labour market risks fuelling economic…
Business
Singapore stocks open weaker as Fed leaves rates unchanged; other Asian markets mixed
DBS up on Q1 results, dividend announcement; Reits among most actively traded counters fall in early trade Singapore stocks opened weaker…
Business
Blackstone, Vanguard, Wellington to launch private markets fund
Traditional asset managers have been seeking ways to move beyond stock and bond funds into higher-margin businesses, including private…
Business
Great Eastern reports 13% higher Q1 profit of S$345.5 million
Great Eastern on Thursday (May 8) posted a 13 per cent year-on-year increase in profit to S$345.5 million for the first quarter ended…
Business
ANZ’s H1 cash earnings largely flat, margins stay pressured
RALIA’S ANZ Group reported largely flat first-half cash earnings on Thursday (May 8), as persistent competition in the home loan market…
Business
Stocks to watch: DBS, Riverstone, Lendlease Global Reit, Amara, Ban Leong
The following companies saw new developments that may affect trading of their securities on Thursday (May 8). DBS: The bank’s net profit…
Business
Europe: Shares slip as investors assess earnings, await Fed rate decision
EUROPEAN shares ended lower on Wednesday, pausing after weeks of strong gains, while investors monitored a raft of corporate earnings…
Business
US: Stocks end higher on Wednesday as Fed meeting holds no surprises
Wall Street stocks finished higher on Wednesday following a choppy session as the Federal Reserve kept interest rates unchanged, while…
Business
Federal Reserve Rings Every Alarm Bell About Trump’s Economy
But Kliger had committed a big no-no at the CFPB. His financial records indicated that he owned up to $365,000 in stock in companies that…
Business
Trump Gives Stunning Answer When Asked About Deportations to Libya
But Kliger had committed a big no-no at the CFPB. His financial records indicated that he owned up to $365,000 in stock in companies that…
Business
As Fed Holds Rates Steady, Powell Says Next Step Is ‘Not at All Clear’
The Federal Reserve left interest rates unchanged on Wednesday for a third meeting in a row, as officials pointed to heightened…
Business
Sigrid Nunez on the Beauty of Narrative Restraint
“Plot, shmot,” the writer and editor William Maxwell once said to John Updike. Sigrid Nunez couldn’t agree more. She used to tell her…
Business
Federal Reserve keeps rates steady, defies pressure from Trump
The Federal Reserve held interest rates steady on Wednesday, defying President Trump's demands to lower rates to ease the economy's…
Business
Fed maintains interest rates but warns of 'uncertainty' amid tariff turmoil
By Gabe Whisnant is a Breaking News Editor at Newsweek based in North Carolina. Prior to joining Newsweek in 2023, he directed daily…
Business
Lawyers Warned DOGE Staffer About Shady Investments. He Fired Them.
But Kliger had committed a big no-no at the CFPB. His financial records indicated that he owned up to $365,000 in stock in companies that…
Business
Are We Headed for Recession? Economists Look Everywhere for Signs.
Americans are spending less at McDonald’s. Fewer container ships are expected at the Port of Los Angeles. Procter & Gamble is raising…
Business
Golden retriever "beyond betrayed" by owner, hysterics over his reaction
A golden retriever's reaction after seeing his owner pet another dog has left internet users in hysterics. Dog owner Eden Harper shared a…
Business
Isetan Tampines to shutter in Nov 2025
Department store operator Isetan Singapore will close its outlet at Tampines Mall in November 2025, it announced on Tuesday (May 6).…
Business
Riverstone Q1 profit slides 21.8% to RM56.4 million despite higher revenue
Lower gross profit margin due to higher raw material cost, foreign exchange and change in market demand dynamics, says the group Glove…
Business
US: Wall St opens higher on China trade de-escalation hopes, Fed decision
Wall Street’s main indexes opened slightly higher on Wednesday (May 7) as investors hoped for a de-escalation in trade tensions with…
Business
Lendlease Global Commercial Reit posts 10.4% retail rental aversion for Q3 FY2025
Lendlease Global Commercial Real Estate Investment Trust (LReit) on Wednesday (May 7) posted a positive retail rental reversion of 10.4…
Business
Disney to Build a Magic Kingdom Theme Park in Abu Dhabi
Mickey Mouse is headed to the Middle East. In a new test for its singularly American brand, the Walt Disney Company said on Wednesday that…
Business
Disney to Build a Magic Kingdom Theme Park in Abu Dhabi
Mickey Mouse is headed to the Middle East. In a new test for its singularly American brand, the Walt Disney Company said on Wednesday that…