Jerome Powell, Chairman of the U.S. Federal Reserve, testifies before the Select Subcommittee on the Coronavirus Crisis hearing in Washington, D.C., U.S., September 23, 2020. Kevin Dietsch/Pool via REUTERSWASHINGTON (Reuters) – The U.S. Congress and the Federal Reserve both need to “stay with it” in working to bolster the economic recovery, Federal Reserve Chair Jerome […]
FILE PHOTO: The Federal Reserve Bank of Boston’s President and CEO Eric S. Rosengren speaks in New York, April 17, 2013. REUTERS/Keith Bedford(Reuters) – The economic recovery will likely be more gradual in fall and winter if coronavirus infections rise and if Congress fails to provide more fiscal support, Boston Federal Reserve President Eric Rosengren […]
WASHINGTON (Reuters) – U.S. President Donald Trump on Wednesday imposed new curbs on imports of Cuban rum and cigars and banned Americans from staying at properties owned by the Cuban government, as he seeks to lock in the Cuban-American vote in the swing state of Florida ahead of November’s presidential election.Slideshow ( 2 images )“Today, […]
BENGALURU (REUTERS) – TikTok will ban ads that promote fasting apps and weight loss supplements as part of its policy to restrict ads of products that amplify body shaming, the company said on Wednesday (Sept 23). The short-video app said it will also place curbs on ads with exaggerated claims in diet and weight-loss products. TikTok, […]
LONDON (Reuters) – Having complained for years about hedge funds’ high fees and lacklustre performance, insurance firms may be preparing to cut allocations to the sector after its poor performance during recent market upheaval left many of them nursing losses.FILE PHOTO: The head office of Dutch financial insurance company Aegon is seen in The Hague, […]
FILE PHOTO: A person wearing a face mask walks along Wall Street after further cases of coronavirus were confirmed in New York City, New York, U.S., March 6, 2020. REUTERS/Andrew Kelly/File PhotoLONDON (Reuters) – Active fund managers, who pick and choose investments rather than passively track indexes, have failed to cash in on the financial […]
Environmentalists have welcomed the pledge by China’s leader, Xi Jinping, to speed up reductions in emissions in the world’s top-polluting nation and reach carbon neutrality by 2060. The ambitious goal, which surprised many experts, could help significantly slow global warming. They warned, however, that Mr. Xi had offered almost no detail, raising doubts about the […]
Good evening! Catch up on some of the main headlines on Wednesday, Sept 23. More people to be allowed back to workplaces from Sept 28 as S’pore’s Covid-19 community cases remain low Employers must ensure that staff returning to office continue to work from home for at least half their working time, and no more than half […]
SINGAPORE – The former maid of prominent businessman Liew Mun Leong is seeking the court’s permission for an inquiry into the conduct of the two prosecutors in her case. Ms Parti Liyani, 46, filed the complaint in June against Deputy Public Prosecutors Tan Wee Hao and Tan Yanying, who had prosecuted her case in the […]
Health Check Ep 44: Understanding suicides and how to help to prevent them 13:58 mins Synopsis: Fortnightly on Wednesdays, The Straits Times guides you to healthier living and clears up common misconceptions on health with expert guests. This episode is aimed at understanding suicidal behaviour and suicide prevention. ST senior health correspondent Joyce Teo speaks […]