Singapore Consumer Prices Rise at Slower Pace in August
Singapore saw a slower pace of consumer price growth in August, driven by lower core and accommodation inflation, but offset by an increase in transportation costs.
Stock Market Volatility Creates Buying Opportunity for Defensive Stocks
The recent stock market drop presents a unique buying opportunity for investors interested in defensive stocks. Despite the decline in this traditionally stable sector, experts predict a potential rebound and urge investors to consider the...
Tragic Accident on Band Camp Trip
A tragic accident involving high school students on a band camp trip leaves two adults dead and several others injured. The bus veered off the highway, and tire failure is suspected as the cause. Survivors recount the chaos and horror of th...
General Mills Reports Fiscal First-Quarter Earnings
General Mills reports slight decline in earnings but surpasses sales projections for fiscal first-quarter. CEO expresses confidence in future growth.
Nio's Hong Kong Shares Fall After Convertible Bond Issuance
Nio's Hong Kong shares experience a decline as the company plans to raise $1 billion through convertible bond issuance, leading to concerns about dilution of existing shareholders' holdings.
Technology IPOs Exceed Expectations, Instacart Soars
Technology IPOs are surpassing expectations as Instacart and Arm Holdings experience impressive performance. Wall Street firms are embracing more risk-taking. Amazon plans to hire 250,000 workers for the holiday season.
Endava's Q4 Revenue and Profit Exceed Expectations
Endava's stock increases by 9.4% as Q4 revenue of GBP189.8 million and profit of GBP23.1 million beat estimates. Company expects steady demand.
The Decline of Company Stock in 401(k) Plans
The presence of company stock in 401(k) plans has significantly declined due to the rise of target-date funds, recognition of risk, and focus on diversification. Participants face risks with concentrated portfolios.
Merck's Cancer Drug Welireg Granted Priority Review by FDA
The FDA has granted priority review status to Merck's application for expanded approval of its cancer drug, Welireg, in patients with advanced renal cell carcinoma.
Casino Guichard-Perrachon Announces New Deal with Creditors
French grocer Casino Guichard-Perrachon reaches new agreement with creditors, extending debt maturity and safeguarding assets to improve stability and financial health. Proactive approach highlights commitment to long-term growth.