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…
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Business
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…
Business
Grab looks to strike a deal to acquire Indonesia’s GoTo in Q2: sources
[SINGAPORE,HONG KONG] US-listed ride-hailing and food delivery firm Grab is looking to strike a deal to take over smaller Indonesian rival…
Business
Geely plans bid to take Zeekr private at value of US$6.4 billion
The proposal would see Geely buy all shares in US-listed Zeekr Intelligent Technology Holding that it does not already own for US$2.566…
Business
Amara, Ban Leong pick IFAs for privatisation offers
Hotel group Amara and technology products distributor Ban Leong Technologies on Wednesday (May 7) separately announced that they have…
Business
Singapore stocks track regional gains on Wednesday; STI up 0.1%
Local stocks ended higher on Wednesday (May 7), tracking gains in the region. The benchmark Straits Times Index (STI) gained 0.1 per cent…
Business
Potential solar boom in South-east Asia an opportunity to invest in storage systems
In the face of punishing solar tariffs from the US, South-east Asia has a silver lining: a glut in the supply of photovoltaic panels could…
Business
Polytron introduces first domestic-branded BEV in Indonesia
Indonesian consumer electronics manufacturer Polytron, owned by the local Djarum Group, entered the domestic vehicle market this week with…
Business
UOB halts earnings guidance amid macro uncertainties, but remains ‘committed’ to S$3 billion capital return plan
Singapore’s third-largest lender UOB will suspend its 2025 earnings guidance, with plans to resume this once the macroeconomic situation…
Business
Alibaba, Xiaohongshu in tie-up as China e-commerce competition intensifies
Chinese e-commerce giant Alibaba is partnering with popular content platform Xiaohongshu to allow users on Xiaohongshu to directly click…