Business

Wear now, pay later: the new rules of Southeast Asia’s indulgence economy

With its padded leather and gold “CC” lock, Coco Chanel’s instantly recognisable bag is practically part of the uniform for any self-respecting Bangkok property agent – an apt accessory for a city that recently edged into the top 10…

Singapore Stocks’ Record Run Gets ‘Goldilocks’ Boost From Growth

Singapore’s stocks have outperformed the world over the past month as their traditional strengths of high dividend yields and resilient balance sheets get a lift from a “Goldilocks” economic backdrop.

Bally’s Warns of Going Concern Doubt as It Seeks Fresh Liquidity

Bally’s Corp. warned investors of “substantial doubt” that it will be able to continue as a going concern as it risks running afoul of its agreement with lenders.

Nvidia scales back $250 billion OpenAI data center guarantee, WSJ reports

Nvidia scales back funding guarantee for Ohio OpenAI data center, WSJ reports

Wall Street Week | Rerouting Global Trade, Private Equity Tested, Realizing Cuba’s Potential

This week, inflation may be edging lower, but as markets push rates higher, the Fed’s 2% inflation target might be a long way off. And, Mexico is building a land-based trade corridor that could give shipping companies more options when…

FDA Classifies Egg Recall as Class I for Highest Health Risk

Nearly 20 million eggs were recalled in July over salmonella concerns. The new classification signals a “reasonable probability” of “serious adverse health consequences or death.”

Mangione pleads guilty to federal stalking charges in CEO's killing

NEW YORK — Luigi Mangione pleaded guilty on Friday to federal stalking charges in the killing of UnitedHealthcare CEO Brian Thompson, admitting matter-of-factly that he trailed the executive to an investor conference and gunned him down on…

Antitrust Lawyer on NFL Streaming Cost Concerns

Shindor Cantor Lerner Managing Partner Kellie Lerner discusses the rising cost for sports fans to watch their teams through various streaming platforms such as the NFL, and potential legal ramifications for antitrust violations. She speaks…

Central bank steps up non-bank oversight

The Bank of Thailand is strengthening its supervision of lending and payment services provided by non-banks to ensure fair treatment of consumers and curb irregular transactions, according to its governor.

Nvidia discloses $21bn stake in SpaceX

Filing comes after Elon Musk announced exclusive arrangement to kit out its data centres

Better Home & Finance Founder on Fight for Company

Embattled former Better.com CEO Vishal Garg says he believes that 'the job of making home ownership better for all Americans is not done' after he departed the company on August 3rd. He claims to have the support of a majority of Class A…