Saturday, 4 May 2024

Business

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Factbox: With Biden declared winner, what's next for investors

FILE PHOTO: A stock trader monitors share prices at the stock exchange as the spread of the coronavirus disease (COVID-19) continues in Frankfurt, Germany, October 27, 2020, REUTERS/Kai Pfaffenbach(Reuters) – With Democrat Joe Biden projected winner of the U.S. presidential election by major television networks on Saturday, many investors welcomed the news as good for […]

Sold on the idea of 'resort living' when site was just bare land

When IT consultant Alec Wing and his wife saw the show unit for The Berth by the Cove in 2004, it was love at first sight. The Berth was the very first condominium development on Sentosa and Mr Wing has been the proud owner of a Sentosa Cove home ever since. Please subscribe or log […]

More Workers Get Help in Building Rainy Day Savings

Workers struggling to save for a rainy day are increasingly likely to get help from their employers as the economic slowdown in the pandemic has underscored Americans’ need for a financial cushion. Large companies like UPS, as well as banks, foundations and municipal governments, have recently announced programs that encourage workers to set aside cash […]

Smallest job gains in five months expected as U.S. labor market momentum wanes

WASHINGTON (Reuters) – U.S. employers likely hired the fewest workers in five months in October, in what would be clearest indication yet that the end of fiscal stimulus and exploding new COVID-19 infections were sapping momentum from the economic recovery.FILE PHOTO: People wait in line to enter the Nassau County Mega Job Fair at Nassau […]

Smallest job gains in five months expected as U.S. labor market momentum wanes

WASHINGTON (Reuters) – U.S. employers likely hired the fewest workers in five months in October, in what would be clearest indication yet that the end of fiscal stimulus and exploding new COVID-19 infections were sapping momentum from the economic recovery.FILE PHOTO: People wait in line to enter the Nassau County Mega Job Fair at Nassau […]

Asian shares at near three-year peak; dollar, U.S. yields head south

TOKYO/NEW YORK (Reuters) – A gauge of Asian shares rallied to a near three-year peak while the dollar stayed sluggish and U.S. bond yields slipped on Friday in anticipation that a divided U.S. legislature would limit major policy changes and keep the status quo on economic policies.FILE PHOTO: A man wearing a protective face mask […]

Stock futures jump as potential Washington gridlock signals less regulatory risk

(Reuters) – U.S. stock futures jumped on Thursday on bets that a potential gridlock in Washington could reduce the chance of major policy changes that would hurt corporate America, although concerns remained about the risk of a contested presidential election.FILE PHOTO: The statue of former U.S. President George Washington is seen across from the New […]

Chorus uses AGM to fire volleys at regulator, Spark, Vodafone

Chorus used its annual meeting to keep up the heat on the Commerce Commission as the regulator weighs the rules for the post-UFB rollout era. Investors following the virtual AGM were told that international investors would shun future public-private infrastructure projects if the regulator did not come to its senses. Read More Two veterans depart […]