ECB, Fed rate cut hopes lift global stocks, sterling sags

TOKYO (Reuters) – Expectations that the European Central Bank and Federal Reserve will cut interest rates boosted stocks globally, while the pound sagged on worries that likely new prime minister Boris Johnson would lead Britain into a no-deal exit from the European Union. In early European trade, pan-region Euro Stoxx 50 futures rose 0.46% while German DAX futures climbed 0.57% […]

Read more

ECB, Fed rate cut hopes lift global stocks, sterling sags

TOKYO (Reuters) – Expectations that the European Central Bank and Federal Reserve will cut interest rates boosted stocks globally, while the pound sagged on worries that likely new prime minister Boris Johnson would lead Britain into a no-deal exit from the European Union. In early European trade, pan-region Euro Stoxx 50 futures rose 0.46% while German DAX futures climbed 0.57% […]

Read more

Wall Street edges higher ahead of major earnings, central bank meetings

(Reuters) – U.S. stocks eked out small gains on Monday as investors were wary of making big bets ahead of key central bank meetings on interest rates and waited for earnings from marquee companies including Facebook and Amazon due later this week. Shares of Boeing Co (BA.N) fell 1.13% and pressured the blue-chip Dow index .DJI after rating agency Fitch […]

Read more

Microsoft to pay criminal fine to settle U.S. anti-bribery charges

(Reuters) – Microsoft Corp agreed to pay about $25.3 million, including an $8.75 million criminal fine, to settle U.S. charges it violated a federal anti-bribery law by making improper payments to government officials in Hungary and other countries. The U.S. Department of Justice said on Monday that Microsoft Hungary, which will pay the fine, also entered a non-prosecution agreement to […]

Read more

Wall St. set to open higher as earnings season gathers steam

(Reuters) – Wall Street’s main indexes were set to open higher on Monday as investors eyed fresh trade developments between the United States and China during a busy week of corporate earnings, with results from marquee names including Facebook and Amazon on tap. Second-quarter earnings started off on a dour note last week as results from major banks raised concerns […]

Read more

Iconic Eu Yan Sang Building in Chinatown up for sale

SINGAPORE – The iconic Eu Yan Sang Building in Chinatown has been launched for sale with a guide price of $62.5 million, the property’s exclusive marketing agent JLL said on Monday (July 22). Built in 1910, it housed the first traditional Chinese medicine Eu Yan Sang outlet in Singapore set up by its founder Eu Tong Sen. The building was […]

Read more

Rethink urged on holiday lettings

The founder of Trident Holiday Homes has called for the Government’s new short-term letting rules – which now prohibit many owners of second properties from renting them out for short stays unless they have planning permission to do so – to be revisited. Since the start of this month, owners of holiday homes or investment properties must have planning permission […]

Read more
1 2 3 202