Author: admin
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AI worries expose dollar’s hot-money problem
Oct 28 : Investors have long treated the US dollar as a refuge when markets fall, but foreign money chasing returns from the AI boom could weaken that safe-haven role if the trade unwinds.Foreign capital has poured in to US mega-cap equities, hyperscaler corporate bonds and power-grid infrastructure. That has
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There is a Snoopy pop-up library at Plaza Singapura with themed spaces
Located on the third level of Plaza Singapura, the pop-up library is open now and will run until Sep 19, 2027.
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StanChart third-quarter profit surges 27%, lifts income target
HONG KONG/LONDON, Oct 28 : Standard Chartered (StanChart) said on Wednesday that third-quarter pretax profit jumped 27 per cent, as strong client activity amid volatile markets increased revenue for its wealth and global markets divisions.It also lifted its full-year income growth target for 2026 to above 7 p
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Indonesia beefs up security presence to prepare for student protests
A heavy police and military presence, as well as armoured vehicles, could be seen in busy parts of central Jakarta on Wednesday (Oct 28) morning.
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Luxury cruise passengers stranded in Cambodia due to soaring fuel costs
The Villa Vie Odyssey suspends its voyage and is working with passengers on “temporary living arrangements”.
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Kylian Mbappé faces China backlash as sponsors cut ties over viral meme
Chinese state media has warned Kylian Mbappé that his apology over remarks referring to Mao Zedong as a dictator will be judged against his actions.
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Oil prices rise after attack on Saudi Arabian refinery reignites supply concerns
BEIJING, Oct 28 : Oil prices rose on Wednesday after an attack on a refinery in Saudi Arabia, the world’s biggest crude exporter, renewed concerns around the risks to supply in the Middle East stemming from the conflict with Iran and its proxies.Brent crude futures rose $1.48, or 1.3 per cent, to $115.36 a ba
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UK set for cautious budget as borrowing costs climb
LONDON: Britain’s finance minister John Healey will unveil his first budget on Wednesday (Oct 28), as he juggles commitments to defence spending and easing household bills with little financial room to manoeuvre.It could prove to be a tall order for Prime Minister Andy Burnham’s new administration as rising i
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Wawrinka brings career to a close with defeat in Basel
Oct 28 : Three-time Grand Slam champion Stan Wawrinka played the final match of his career in front of home fans on Tuesday, bidding farewell to the sport following a 7-5 7-6(2) defeat by Czech Jiri Lehecka at the Swiss Indoors in Basel.Wawrinka announced last year that he would retire at the end of the…
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Cyclone Arnab stalls close to India’s east coast
Winds of 115kmh to 125kmh and gusts of up to 140kmh are forecast, authorities said.
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