Business
Argentina to lift currency controls after securing new IMF loan
Argentina's President Javier Milei leaves the Government House after announcing the exchange rate hike. Earlier, Economy Minister Luis…
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Business
Business
Group of ex-OpenAI employees back Musk's lawsuit to halt OpenAI restructure
A dozen former OpenAI employees filed a legal brief on Friday (Apr 11) backing co-founder Elon Musk’s lawsuit aimed at keeping the…
Business
Treasury yields see biggest weekly jump since 2001 as cash flees
The bond-market sell-off unleashed by US President Donald Trump’s trade war sent 10-year Treasury yields to the biggest weekly surge in…
Business
TI and Intel shares sink as China tariffs hit US-made chips
Shares of chipmakers with US manufacturing plants fell on Friday (Apr 11) after China announced new tariffs, targeting semiconductor…
Business
Snowflake continues investing in growth in an AI revolution
Artificial intelligence (AI) has a symbiotic relationship with data – and data management platform Snowflake has taken this ball and run…
Business
Europe: Shares down for third week after tariff whiplash
European stocks lost ground on Friday (Apr 11), with the Stoxx 600 down for a third week, after a surge in volatility in response to…
Business
US: Wall Street ends whipsaw week higher as Fed comments soothe market
Wall Street posted solid gains on Friday (Apr 11) as big banks kicked off first-quarter earnings season and investors closed the book on a…
Business
Stocks Post Gain for the Week, but Investors Remain Anxious
Stocks on Wall Street ended a volatile week with a bounce on Friday, while government bond markets continued to signal investor worry…
Business
Fed Under Pressure as Inflation Expectations Surge
Federal Reserve officials have had one clear message since President Trump sharply escalated the global trade war this month. Keeping…
Business
Will the 2025 Wall Street Meltdown Crisis Kill Bitcoin? Veteran Economist Makes Sensational Claim Amid Ongoing Volatility
Veteran economist Peter Schiff has issued a stark warning about the future of Bitcoin. Posting on X (formerly Twitter), Schiff said,…
Business
Is China Exploiting DOGE Layoffs with Fake Job Offers to Collect US Intelligence from Ex-Officials?
The United States has issued a strong warning about a rising threat from Chinese intelligence agencies targeting current and former…
Business
Investors Seeking Safety Look to German Government Bonds
Germany has long taken flack from Wall Street and financial capitals around Europe for the extreme fiscal conservatism that has kept the…
Business
Disabled man to get $145 million payout over insurance denials
A jury has ordered an insurance company to pay $145 million to a Colorado man who was permanently disabled after an injury at work. The…
Business
US: Wall Street opens lower as markets assess tariff risks
Wall Street’s main indexes opened lower on Friday (Apr 11) as markets assessed the latest escalation in the trade war, with China…
Business
Internet asks why woman marrying fiance over what he did at birthday dinner
A viral Reddit post has sparked widespread debate about whether a woman should go ahead with her plans to marry her fiance, after she…
Business
JPMorgan Q1 profit tops estimates
JPMorgan Chase topped first-quarter profit estimates on Friday (Apr 11), driven by record equities trading and higher fees from debt…
Business
Tesla U.S. Sales Plunge as G.M. and Others Make Gains
Tesla’s sales in the United States fell almost 9 percent in the first three months of the year even as the overall market for electric…
Business
Nickel scam accused paid S$7 million for 8 luxury cars and S$1 million for vintage car plate: dealer
Alleged nickel fraudster Ng Yu Zhi was said to have splurged about S$7 million on eight luxury cars – five of them transferred to his wife…
Business
BlackRock misses long-term flow expectations amid Asia outflows
The world’s largest asset manager BlackRock pulled in a less-than-expected US$83 billion of client money to its investment funds in the…
Business
Taiwan’s Vanguard to hasten construction of Singapore factory
Taiwan’s Vanguard International Semiconductor said on Friday (Apr 11) it will speed up construction of its 12-inch wafer fab in Singapore…
Business
EBITDA Explained: Beyond the Buzzword
EBITDA, short for Earnings Before Interest, Taxes, Depreciation, and Amortization, is a term that gets thrown around a lot in finance. But…
Business
Indonesia’s US$48 billion social security fund eyes doubling equities exposure
Indonesia’s US$48 billion social security fund BPJS Ketenagakerjaan, the country’s largest institutional investor, aims to raise the share…
Business
Singapore shares settle lower on Friday; STI down 1.8%
The Straits Times Index (STI) closed down on Friday (Apr 11), along with most regional indices. The STI declined 1.8 per cent or 65.3…
Business
Tesla Halts Orders in China on U.S. Imported Models
Tesla has stopped accepting new orders in China for two car models that it imports from a factory in the United States, after the Chinese…