News
Boeing vows to deliver new Air Force One by 2027, US official says
[WASHINGTON] A top US Air Force official said Boeing is proposing to deliver its new version of Air Force One by 2027 as officials look to satisfy US President...
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 equity and private creditPublished Thu, May 8, 2025 · 08:52...
Bubble tea billionaire ranks swell after latest Hong Kong IPO
[HONG KONG] China’s bubble tea market is overflowing with rivals and fierce price clashes – yet it’s set to produce another billionaire couple.On Thursday (May 8), Auntea Jenny (Shanghai)...
Federal Reserve chair says Trump criticism ‘doesn’t affect doing our job at all’
Published Thu, May 8, 2025 · 07:01 AM[WASHINGTON] Federal Reserve Chair Jerome Powell said on Wednesday that US President Donald Trump’s vocal criticism of the central bank’s interest rate...
DBS Q1 profit falls 2% to S$2.9 billion; pays S$0.75 per share in dividends
[SINGAPORE] DBS’ net profit for its first quarter fell due to higher tax expenses from the implementation of the 15 per cent global minimum tax, it said on Thursday...
US: Stocks end higher on Wednesday as Fed meeting holds no surprises
Published Thu, May 8, 2025 · 06:09 AM[NEW YORK] Wall Street stocks finished higher on Wednesday following a choppy session as the Federal Reserve kept interest rates unchanged, while Google-parent Alphabet...
US Fed leaves interest rates unchanged, cites rising risk of higher inflation and unemployment
[WASHINGTON] The Federal Reserve held interest rates steady on Wednesday but said the risks of higher inflation and unemployment had risen, further clouding the economic outlook as the US central...
Isetan Tampines to shutter in Nov 2025
[SINGAPORE] Department store operator Isetan Singapore will close its outlet at Tampines Mall in November 2025, it announced on Tuesday (May 6).
Speaking to The Straits Times, a company spokesperson...
Lendlease Global Commercial Reit posts 10.4% retail rental reversion for Q3 FY2025
[SINGAPORE] Lendlease Global Commercial Real Estate Investment Trust (LReit) on Wednesday (May 7) posted a positive retail rental reversion of 10.4 per cent for the third quarter ended Mar...
Novo Nordisk latest drugmaker to drop gender goals in US
This follows executive orders by President Donald Trump to stop diversity, equity and inclusion initiativesPublished Wed, May 7, 2025 · 06:55 PM[COPENHAGEN] Obesity drugmaker Novo Nordisk said on Wednesday...
