Fashion
Citigroup looks to issue its own stablecoin to smooth payments
[NEW YORK] Citigroup is considering issuing its own stablecoin, positioning the company as a possible early mover in the push by traditional banks to expand into cryptocurrencies.“We are looking...
US banks JPMorgan and Citigroup see lower recession risk despite tariff fog
[NEW YORK] Large US banks reported results that topped estimates on Tuesday as executives pointed to American economic resilience and said businesses were adapting to tariff uncertainty.Executives from JPMorgan...
Trump unveils US$92 billion worth of investments to power AI boom
[PITTSBURGH] US President Donald Trump went to Pennsylvania on Tuesday to announce US$92 billion in energy and infrastructure deals intended to meet big tech’s soaring demand for electricity to...
Citigroup shares hit highest since 2008 after profit beat, buyback plan
[NEW YORK] Citigroup’s shares briefly touched their highest since the 2008 financial crisis after the bank beat Wall Street estimates for second-quarter profit and said it plans to buy...
US tariffs could have pandemic-like impact on planemaker Embraer, CEO says
[SAO PAULO] The 50 per cent tariff that US President Donald Trump plans to impose on Brazilian exports starting in August could hammer the revenue of planemaker Embraer like...
Oil slips as Trump’s 50-day deadline for Russia eases supply fears
[NEW YORK] Oil prices dropped by less than 1 per cent on Tuesday after US President Donald Trump’s 50-day deadline for Russia to end the war in Ukraine and avoid sanctions...
Europe: Shares fall on healthcare, financials drag; focus on US-EU trade deal
EUROPEAN shares ended lower on Tuesday, dragged down by heavyweight financial and healthcare stocks as investors awaited news on a potential US-EU trade deal while assessing the latest US...
US Fed officials say more needs to be done on financial inclusion
[WASHINGTON] US Federal Reserve governor Michael Barr said on Tuesday (Jul 15) that banks and advocates have worked together to “deepen and widen financial inclusion”, but emphasised much more...
SIA’s decarbonisation tailwinds are Temasek’s burden
[SINGAPORE] A small tweak in Temasek’s latest sustainability report reveals just how much a single airline can weigh on a portfolio’s emissions.The Singapore investment company’s sustainability report for fiscal...
Apple to buy US$500 million rare earths from Pentagon-backed US producer MP
[SAN FRANCISCO] Apple has struck a US$500 million deal to buy rare-earth minerals from MP Materials, the US producer that just last week secured backing from the Pentagon.
The two...
Who Was Robin Kaye? ‘American Idol’ Executive and Her Husband Found Shot Dead Inside Their $5 Million LA Mansion as Cops Hunt for Suspect
An "American Idol" executive and her husband were found dead in their $5 million mansion in Los Angeles. Robin Kaye, an award-winning music supervisor for the popular show, and...
Eric Rosenbrook: 90 Day Fiance Star’s Baby Dies Days After He Was Arrested for Hitting Wife Leida Rosenbrook While She Held the Child
'90 Day Fiancé' star Eric Rosenbrook and his wife, Leida Rosenbrook's baby daughter, Alisa Eleanor Rosenbrook, has died. The baby died five days after being placed on life support....