Yachts
Garage Italia and Hot Lab introduce new Spiaggina as ultimate yacht toy
A new collaboration between automotive and yacht design transforms Garage Italia’s iconic car into a yacht toy designed to integrate into Hot Lab’s yacht…
Category: World Business News
Business News
Global Markets Retreat as Oil Nears US$92 and Treasury Yields Surge
Global equities extended losses as renewed attacks near the Strait of Hormuz drove oil higher, while rising Treasury yields intensified inflation and interest-rate concerns.
China
China’s Factory Slump Eases, But Services Drag Signals Uneven Recovery
China’s factory slump eased in August, but weak services highlight uneven recovery, prompting calls for stronger domestic policy support.
Business News
Oil Surge and Hawkish Fed Remarks Pressure Global Markets
Global markets weakened as renewed US-Iran strikes near the Strait of Hormuz drove oil prices higher, while hawkish Fed signals revived inflation and rate…
Stocks and Markets
Global Tech Rally Lifts Wall Street, Asia Mixed
Wall Street rebounds on Nvidia-led tech rally; Europe slips, Asia mixed as investors await Fed’s Jackson Hole policy signals.
Business News
Global Markets Cautious Ahead Of Jackson Hole Fed Signals
US equities declined amid inflation concerns and anticipation of Federal Reserve guidance, while Asian markets showed modest gains.
Business News
US Leading Indicators Signal Firmer Growth Momentum
US leading indicators rose in July, pointing to stabilising growth momentum despite persistent weakness in consumer spending and labour-market conditions
China
China-Africa Ties Shift Toward Trade and Execution
China-Africa ties shift from lending to trade and execution; Africa must leverage demand and infrastructure for industrial growth.
World Business News
Wall Street Rebounds as US Treasury Buys Bonds
US Treasury bond purchases ease yields; Wall Street rebounds, oil stays high, FBMKLCI seen consolidating within 1,725–1,735 range.
Workplace
UK Inflation Rises to Four-Month High on Energy Costs
UK inflation hits 2.9% in July, driven by energy costs; BOE expected to hold rates at 3.75% in September.
Eurozone
Eurozone investor morale strengthens beyond expectations
Eurozone investor sentiment strengthened in August, exceeding expectations as improving economic conditions and business confidence raised hopes for a gradual recovery.
Stocks and Markets
Global Markets Turn Cautious on Middle East Tensions
US indices fell as investors grew wary ahead of retail earnings and Iran-US developments. Europe also declined while Asia closed higher earlier.
Business News
US Job Losses Weaken Labour Market, Dimming Fed Rate Hike Prospects
US employment unexpectedly contracted in July, while steep downward revisions and weaker labour participation reinforced signs of a cooling labour market.
Bonds
Convertible Bonds: Investing with Stabilisers
Schroders highlights convertible bonds’ hybrid profile, offering downside protection and equity upside amid inflation, volatility, and concentrated market risks.
Bursa Malaysia
FOMC jitters keep FBM KLCI range-bound as tech weakness weighs
Investors remain cautious ahead of the Federal Reserve’s policy decision as technology stocks retreat and oil prices continue easing.
Yachts
Sunreef Yachts and Brabus Unveil The Brabus Ultima 55
A signature BRABUS carbon-fiber design concept defines the exterior, complemented by elegant BRABUS Masterpiece interiors and versatile accommodation layouts