Author Archives: Syndicated Content
SingTel annual profit more than halves on $2.3 billion impairment charge
(Reuters) -Singapore Telecommunications posted a 64% drop in full-year net profit on Thursday hit by a S$3.1 billion ($2.30 billion) impairment charge, majority of which relates to its mobile network ...
May 22, 2024
Tesla pushes suppliers to produce parts outside of China and Taiwan, Nikkei reports
(Reuters) - Tesla has told suppliers for its models sold outside China to start building components and parts outside of both China and Taiwan by as early as next year, Nikkei reported on Thursday. Su...
May 22, 2024
South Korea holds interest rates steady, as widely expected
SEOUL (Reuters) - South Korea's central bank extended its interest rate pause for an 11th straight meeting on Thursday as the economy showed no signs of slowing while inflation has begun abating only ...
May 22, 2024
Singapore Q1 GDP up 2.7% y/y, above market forecast
By Xinghui Kok SINGAPORE (Reuters) - Singapore's economy grew 2.7% on a year-on-year basis in the first quarter of 2024, government data showed on Thursday, matching a preliminary estimate of 2.7% rel...
May 22, 2024
NASA, Boeing targeting June 1 for Starliner's debut crewed flight
WASHINGTON (Reuters) - NASA and Boeing are targeting June 1 for the company's first crewed launch of its Starliner spacecraft as engineers investigate the cause of a helium leak, the agency said Wedne...
May 22, 2024
US Biden administration says it supports an independent Fed
SAN FRANCISCO (Reuters) - The Biden administration asserted its support for an independent Federal Reserve on Wednesday, after a report surfaced last month that Republican presidential candidate Donal...
May 22, 2024
Lebanon's reforms insufficient for recovery, IMF says
(Reuters) - Lebanon's economic reforms are insufficient to help its ailing economy recover, the International Monetary Fund (IMF) said on Thursday. (Reporting by Hatem Maher; Editing by Kim Coghill)
May 22, 2024
Cardinals rally for rare series sweep of Orioles
Brendan Donovan hit a two-run double as the St. Louis Cardinals rallied past the visiting Baltimore Orioles 5-4 on Wednesday to complete a three-game sweep. That snapped the Orioles' streak of 106 ser...
May 22, 2024
Reports: Devils hire Sheldon Keefe as head coach
Sheldon Keefe was named head coach of the New Jersey Devils on Wednesday, according to multiple media reports. Keefe was fired by the Toronto Maple Leafs on May 9, five days after an overtime loss to ...
May 22, 2024
El Salvador Congress approves $1.5 billion debt issuance
SAN SALVADOR (Reuters) - El Salvador's Congress on Wednesday signed off on a $1.5 billion debt issuance to finance its credit portfolio and the Central American nation's general budget. The issuance, ...
May 22, 2024
