SYDNEY (REUTERS) – Australia will embed intelligence officers in some private companies, the head of the country’s chief cyber intelligence agency said on Tuesday (Sept 1), as Canberra seeks to strengthen its defences after a spate of attacks on critical infrastructure. Citing estimates that cyber attacks on businesses and households are costing about A$29 billion […]
SINGAPORE – A woman physically abused her young stepson multiple times over a period of two years, causing injuries such as cuts to his scalp that required stitches after she struck him with a ceramic mug. On another occasion, she punched his nose, causing it to bleed. The court heard that the woman, a 44-year-old Singaporean, also […]
TOKYO (Reuters) – The dollar fell toward multi-year lows against most major currencies on Tuesday as the Federal Reserve’s new policy framework continued to fuel bets that U.S. rates will stay lower for longer than other countries. The Australian dollar held around a two-year high against the greenback as traders wait for news from a […]
TOKYO (Reuters) – The dollar fell toward multi-year lows against most major currencies on Tuesday as the Federal Reserve’s new policy framework continued to fuel bets that U.S. rates will stay lower for longer than other countries. The Australian dollar held around a two-year high against the greenback as traders wait for news from a […]
SEOUL (Reuters) – South Korea is ready to boost policy support to aid the economy hammered by the coronavirus should the rate of infection worsen significantly, its vice finance minister said on Tuesday. “(Some) downturns are inevitable in the real economy due to the tightened preventive measures,” Kim Yong-beam said at a policy meeting, adding […]
SAO PAULO (Reuters) – Brazilian private equity firm Patria Investimentos has raised a 10 billion-real ($2 billion) fund to invest in infrastructure in Brazil and elsewhere in Latin America, it said on Monday, adding that logistics, energy and telecoms would be key targets. The infrastructure fund, Patria’s fourth, was almost double the size of its […]
SAO PAULO (Reuters) – Brazilian private equity firm Patria Investimentos has raised a 10 billion-real ($1.83 billion) fund to invest in infrastructure in Brazil and elsewhere in Latin America, it said on Monday, adding that logistics, energy and telecoms would be key targets. The infrastructure fund, Patria’s fourth, was almost double the size of its […]
BOSTON (Reuters) – The U.S. Labor Department on Monday proposed new limits on retirement plan fiduciaries from voting on corporate proxies when they cannot specify an economic benefit, a change that would further efforts to curb financial industry support for environmental or social causes. The proposal comes as many shareholder initiatives on topics like climate […]
Marketing and communications manager Andrea Ang enjoys relaxing in the balcony of her five-room Housing Board (HDB) flat when she is stressed. After all, her home on the 21st floor in Crawford Lane overlooks the historic and colourful district of Kampong Glam. The 35-year-old can also see the windows of her parents’ five-room HDB flat, […]
(Reuters) – The Federal Reserve’s available tools, such as expanding its monthly asset purchases, aren’t the best methods at this point for ensuring the U.S. economy returns to steady growth, Atlanta Fed president Raphael Bostic said on Monday. Asked about the need for the Fed to up its pace of bond purchases, Bostic said “foremost […]