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Category: Top Stories

Singapore July inflation eases to cooler-than-expected 0.6% — lowest since Jan. 2021

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This was lower than the 0.7% expected by economists polled by Reuters, and was also below the 0.8% seen in June.

China’s state-backed Dongfeng Motor skyrockets to 8-year highs as parent to take automaker private

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Shares of China’s Dongfeng Motor Group skyrocketed after its parent company announced on Friday plans to take the automaker private at a premium. 

From the ‘Big Stay’ to a ‘no-hire, no-fire’ freeze, labor markets are seeing sizable shifts

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Many workers are staying put in their jobs, while businesses are putting the brakes on hiring or firing.

Airline bookings haven’t moved with the times. That’s about to change

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Airlines are moving from reservation system operators to modern digital retailers that function more like Amazon and Spotify, Flyr CEO Alex Mans told CNBC Friday.

Nio shares surge over 14%, extending gains for seventh session

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The rally comes in large part after the company unveiled its latest ES8 SUV on Aug. 21.

Asia-Pacific markets set to track Wall Street gains on potential Fed rate cut

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U.S. equity futures were little changed in early Asia hours, as investors await artificial intelligence darling Nvidia’s earnings.

Keurig Dr Pepper nears $18-billion deal for Dutch coffee company JDE Peet’s, WSJ reports

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Stock futures are little changed after Dow’s record close, as traders await Nvidia earnings: Live updates

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On Friday, the Dow soared to a fresh closing record following Fed Chair Jerome Powell’s speech in Jackson Hole.

Trump threatens to send the military to Baltimore to ‘clean up’ crime

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The president’s threat on Truth Social comes amid the National Guard’s deployment to D.C. in what Trump has described as an effort to fight crime.

Global mail carriers suspend U.S. deliveries amid confusion over new duties

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Postal services in Britain, France, Germany and elsewhere said they would stop shipping parcels to the U.S. ahead of the end of a trade loophole known as de minimis.

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