News
Chip stocks jump on AI optimism; Dow ends at record high
1+ day, 2+ hour ago (633+ words) Traders working on the floor of the New York Stock Exchange, in New York City, on Jan 6. Published'Jan 07, 2026, 05:53 AM Updated'Jan 07, 2026, 05:54 AM NEW YORK - Wall Street ended higher on Jan 6, as chip stocks surged on renewed AI optimism, Moderna rallied and…...
Bulgaria celebrates entry into euro zone, lev currency banished into history
6+ day, 9+ hour ago (288+ words) Published'Jan 01, 2026, 10:54 PM SOFIA, Jan 1 - EU member Bulgaria marked its entry into the euro zone on Thursday with a display of euro coins on the facade of the central bank in Sofia and fireworks to celebrate a long-awaited milestone. As of…...
Bulgaria joining euro area is powerful symbol for Europe: ECB president Christine Lagarde
6+ day, 21+ hour ago (452+ words) The Balkan nation becomes the latest country to join the world's biggest currency zone Published'Jan 01, 2026, 06:19 PM Updated'Jan 01, 2026, 06:52 PM SOFIA " European Central Bank president Christine Lagarde said Bulgaria joining the euro area on Jan 1 is a testament to Europe's ability to…...
S’pore car-sharing service Shariot pauses vehicle rental services ‘until further notice’
1+ week, 11+ hour ago (383+ words) Published'Dec 31, 2025, 08:38 PM Updated'Dec 31, 2025, 09:16 PM SINGAPORE " Car-sharing company Shariot announced on Dec 31 that it has paused its vehicle rental services "until further notice. Shariot said in a Facebook post on Dec 31 that the move is "part of an internal business restructuring…...
US Fed minutes reveal deep divide, caution over more rate cuts in 2026
1+ week, 23+ hour ago (719+ words) Following the minutes" release, the likelihood of a January rate cut dropped slightly, to about 15 per cent. Published'Dec 31, 2025, 05:29 AM Updated'Dec 31, 2025, 08:31 AM WASHINGTON - Most US Federal Reserve officials saw additional interest rate reductions as appropriate so long as inflation declines over…...
Trump says he still might fire Powell as Fed chair pick looms
1+ week, 2+ day ago (433+ words) Published'Dec 30, 2025, 06:45 AM Updated'Dec 30, 2025, 11:23 AM PALM BEACH, Florida " US President Donald Trump teased that he has a preferred candidate to be the next chair of the Federal Reserve, but is in no hurry to make an announcement " while also musing that…...
Strong job market, wealth gains to underpin Singapore retail spending in 2026: Economists
1+ week, 5+ day ago (1063+ words) Singaporeans took advantage of the strong Singdollar to travel overseas. Published'Dec 27, 2025, 05:00 AM Updated'Dec 27, 2025, 09:07 AM SINGAPORE - Consumer spending in Singapore is likely to remain robust in 2026, supported by improving job prospects and steady investment returns, economists said. In 2025, consumers here spent…...
Japan’s Cabinet approves record $1 trillion budget, vows to keep debt in check
1+ week, 6+ day ago (333+ words) Japan already has the highest debt burden in the developed world, at more than twice the size of its economy. Published'Dec 26, 2025, 09:59 AM Updated'Dec 26, 2025, 11:18 AM TOKYO - Japanese Prime Minister Sanae Takaichi's Cabinet on Dec 26 approved a record US$785 billion (S$1 trillion)…...
Japan PM reassures markets with fiscal discipline in next year’s budget
1+ week, 6+ day ago (453+ words) Japan's Prime Minister Sanae Takaichi said that her fiscal policy means strategic spending with a long-term perspective. Published'Dec 25, 2025, 06:05 PM Updated'Dec 25, 2025, 06:06 PM TOKYO - Japanese Prime Minister Sanae Takaichi sought on Dec 25 to ease market concerns over her expansionary fiscal policy, saying…...
Taiwan’s economy is doing well, but many of its workers are not
2+ week, 5+ day ago (1065+ words) Published'Dec 18, 2025, 09:10 AM Updated'Dec 18, 2025, 08:52 PM TAIPEI " After working full-time for four years, Taiwanese marketing specialist Sandy Chien decided to go freelance so that she can take on side gigs.' The 28-year-old wanted to supplement her income in other ways, as her…...