Oil prices settle up as US begins holiday weekend

Oil prices settle up as US begins holiday weekend

[HOUSTON] Oil prices settled higher on Friday as some investors covered short positions ahead of the three-day Martin Luther King holiday weekend in the US and lingering worries about a possible US military strike against Iran. Brent crude settled at US$64.13 a barrel up 37 cents or 0.58 per cent. US West Texas Intermediate finished at…

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US stocks: Wall Street ends little changed before long weekend

US stocks: Wall Street ends little changed before long weekend

[NEW YORK] US stocks ended nearly flat on Friday in a choppy session ahead of the long weekend, and all three major indexes posted losses for the week as fourth-quarter earnings season kicked off. Healthcare fell 0.8 per cent and led declines for the day among S&P 500 sectors. Shares of chipmakers rose, with an index of…

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Great Marketing Is Broken—and I’m Fixing Access

Great Marketing Is Broken—and I’m Fixing Access

Marketing shouldn’t be a luxury item. Yet for too many brands, that’s how it’s priced, packaged, and delivered. My view is simple: great marketing is unfairly out of reach, and the industry’s structure keeps it that way. That’s not just bad for startups and mid-market companies—it’s bad for the entire economy. More than a decade…

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Stamford Land unit is being sued over alleged defects in Sydney project

Stamford Land unit is being sued over alleged defects in Sydney project

The claims involve alleged deficiencies in the design and construction of Macquarie Park Village [SINGAPORE] Stamford Land on Friday (Jan 16) announced that its wholly owned subsidiary HSH Hotels (Australia) is facing legal action by the owners corporations of Macquarie Park Village over alleged construction defects. The Macquarie Park Village project is a large-scale residential…

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S&P 500, Nasdaq open higher as chip stocks extend rally

S&P 500, Nasdaq open higher as chip stocks extend rally

[NEW YORK] The S&P 500 and the Nasdaq opened stronger on Friday (Jan 16) as chipmakers returned to the driver’s seat in a volatile week that also marked the start of the fourth-quarter earnings season. The Dow Jones Industrial Average rose 24.3 points, or 0.05 per cent, at the open to 49466.7. The S&P 500…

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JPMorgan eclipses Dimensional as world’s biggest active ETF firm

JPMorgan eclipses Dimensional as world’s biggest active ETF firm

The bank’s asset management arm currently controls nearly US$257 billion in active ETFs worldwide [NEW YORK] JPMorgan Asset Management has a new superlative: The firm now hails as the world’s largest issuer of actively managed exchange-traded funds (ETFs). The bank’s asset management arm currently controls nearly US$257 billion in active ETFs worldwide, according to data…

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