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News
Can an unpopular US president save his party?
2+ hour, 56+ min ago (1728+ words) AN UNPOPULAR US president is ordinarily an encumbrance to his party. Candidates running under the same banner advisedly keep their distance. After all, little good can come from inviting voters to endorse the record of a White House they have…...
‘Whoever wins AI wins’: Trump downplays AI concerns as CEOs call for slowing pace
5+ hour, 1+ min ago (968+ words) The US President adds that guardrails can be put in place [WASHINGTON] US President Donald Trump downplayed the growing alarm over risks from artificial intelligence after some of the industry’s leaders called for slowing the pace of development of the…...
Trump calls US$5,000 payouts ‘easy’ to fit into federal budget
6+ hour, 10+ min ago (493+ words) Any such payment would need to be approved by US Congress [NEW YORK/DOONBEG, Ireland] President Donald Trump said on Sunday (Sep 13) the United States can afford his promise to send US$5,000 to every US adult should his Republican Party…...
New attacks in Hormuz and Saudi test nerves as war’s spread worsens oil disruption
8+ hour, 28+ min ago (1070+ words) The past two weeks have seen a steady escalation in the war [ADEN/DUBAI] New strikes on Saudi Arabia and on ships in the Gulf tested nerves in the Middle East on Sunday (Sep 13), after an attack on a Saudi…...
Gutted and remodelled, Trump’s childhood home sells for nearly US$2 million
21+ hour, 21+ min ago (611+ words) The buyer has not been publicly disclosed; listings for the property have not shied away from its association with the US president [NEW YORK] A Tudor-style home in Jamaica Estates, Queens, doesn’t stand out among rows of others with warm…...
Is Scott Bessent winning the wrong battle in markets?
22+ hour, 10+ min ago (136+ words) Despite the Treasury secretary’s intervention in the yen, US bond yields are climbing higher and higher THE good news for Scott Bessent, the prickly US Treasury secretary, is that he has established control over one of the world’s most challenging…...
All eyes on US Fed chair Warsh as rate-hike fever spreads across G7 central banks
22+ hour, 12+ min ago (840+ words) US will be most closely watched in the wake of a higher-than-expected core inflation reading CENTRAL banks from much of the Group of Seven (G7) face a pivotal week as mounting inflation risks heap pressure on them to raise interest rates....
Oil supply fears mount after reported Hormuz ship attack and closure of vital Saudi pipeline
23+ hour, 52+ min ago (910+ words) Saudis reported to ask Trump for military help to combat Houthi advance [ADEN/DUBAI] Maritime trackers received new reports of an attack on a ship in the Strait of Hormuz on Sunday (Sep 13), adding to concerns about Iran-related threats to…...
Trump says he does not regret Iran war despite impact it may have on midterm elections
3+ day, 5+ hour ago (335+ words) Rising oil and gas prices continue to be a bugbear among Republicans [WASHINGTON] President Donald Trump said he did not regret going to war against Iran despite the impact the conflict may have on the November US midterm elections. “I…...
Hell hath no fury like a man scorned: CEO’s S$468,000 suit against ex fails after relationship sours
3+ day, 21+ hour ago (825+ words) Judge says evidence clearly shows he was ‘smitten’ and had ‘showered her with expensive gifts’ [SINGAPORE] Infatuated with a former flight attendant he met on a flight, the chief executive of a listed company claimed to have spent more than…...