Entrepreneurship
Trump proposes barring Chinese airlines flying over Russia on US flights
[ad_1] The push comes amid growing tension between China and America over a series of economic issues[WASHINGTON] The Trump administration on Thursday (Oct 9) proposed banning Chinese airlines from flying...
US hits firms moving Iranian oil and major China crude terminal
[ad_1] The latest designations by the Treasury Department mark the latest effort by Washington to target the Beijing-Tehran energy trade[LONDON] The US sanctioned more than 50 individuals, firms and vessels...
Silver hits US$50 for first time in decades
[ad_1] While gold is traditionally viewed as a hedge against riskier assets such as stocks, it often falls during broad market selloffs as investors sell their holdings to cover losses...
US dollar mixed as yen selloff wanes, euro hit by French politics
[ad_1] [NEW YORK] THE US dollar was mixed on Thursday (Oct 9) as a sell-off in the Japanese yen appeared exhausted for now, while the euro was dented by political...
Who is the CEO of Verizon?
[ad_1] Do you have Verizon? If you have never heard of it or live under a rock, Verizon is a well-known telecommunications brand used by millions of people worldwide. But,...
US: Wall Street subdued at open after Powell offers no rate clues
[ad_1] [NEW YORK] Wall Street’s main indices posted subdued gains at Thursday’s (Oct 9) open, after Federal Reserve chair Jerome Powell offered no fresh policy signals, leaving investors to rely...
Hedge funds are using options to bet on year-end US dollar gain
[ad_1] [SINGAPORE] Hedge funds worldwide look to be favouring the US dollar in the option market as they bet that the currency’s rebound versus most major peers will extend into...
Singapore stocks buck regional trend; STI down 0.4%
[ad_1] All three local banks end lower; Genting Singapore is the most actively traded counter on the STI for the second day running [SINGAPORE] Local shares ended Thursday (Oct 8)...
Porsche’s China sales slump 21% on muted luxury demand
[ad_1] The manufacturer is shaking up its leadership and cutting jobs as part of a broader effort to get back on track[BEIJING] Porsche’s sales in China fell 21 per cent...
SGX to sharpen focus on ecosystem initiatives to sustain equity market growth
[ad_1] [SINGAPORE] To maintain the momentum of the recent uplift in local equities, the Singapore Exchange (SGX) will focus on expanding its product offerings and advancing ecosystem-wide initiatives. This, said...
Singapore 6-month T-bill cut-off yield stays flat at 1.44% after turnaround at previous auction
[ad_1] This is unchanged from the 1.44 per cent offered in the last six-month auction that closed on Sep 25[SINGAPORE] The cut-off yield on Singapore’s latest six-month Treasury bill (T-bill)...
Competition watchdog clears Econ Healthcare acquisition, says deal has not substantially lessened competition
[ad_1] This is in view of the low market shares of the parties involved in the acquisition, among other reasons [SINGAPORE] Singapore’s competition regulator has cleared US private equity firm...