Author: Admin

Jobs data are crucial for the RBA’s rate-setting board as the resilience of the labour market[SYDNEY] Australian unemployment jumped to a four-year high as the economy added fewer jobs and more people sought work, signalling the labour market is loosening and adding to the case for the Reserve Bank of Australia (RBA) to resume lowering interest rates as soon as next month.The currency and yields on policy-sensitive three-year government bonds slid as the jobless rate climbed to 4.5 per cent in September from an upwardly revised 4.3 per cent, government data showed on Thursday (Oct 16). Employment advanced 14,900, compared…

 See the world’s best singles pickleball players compete for a $250,000 prize purse – free for fans at Life Time Peachtree Corners ATLANTA, Oct. 15, 2025 /PRNewswire/ — Pickleball fans will have a rare opportunity for complimentary courtside access to watch many of the world’s top singles pros go head-to-head as Life Time (NYSE: LTH) debuts its LT Open, an elite singles pickleball tournament taking place October 17–19 at Life Time Peachtree Corners in Atlanta.The tournament marks the first professional singles-only pickleball event in the country and features a $250,000 prize purse, including $50,000 each for the men’s and women’s…

The Mariners boarded their charter flight back to Seattle in high spirits. After winning two games on the road, they were in an ideal position, needing to lock down just two more victories to advance to the World Series for the first time in franchise history. Returning to T-Mobile Park, the M’s could practically taste the Fall Classic.Not so fast.The Blue Jays stormed back and delivered a thundering statement by slugging five home runs — with three of them coming off Mariners’ starter George Kirby. The Jays took the home crowd out of the game by the fifth inning and…

The nation’s SEC has fined the company and its senior executives and directors for failing to file financial results on time[KUALA LUMPUR/MANILA] Nothing about the largely empty stretch of land on the outskirts of Manila hints at how it produced a vast overnight fortune. Or a staggering writedown.But that’s what unfolded after Manuel Villar, the richest man in the Philippines, moved the land from one part of his corporate group to another and announced its value had shot up to US$23.3 billion, from a mere US$93 million.The mind-boggling gain, disclosed in March by Villar’s publicly traded Golden MV Holdings, perplexed…

Washington — A scientist laid off by the U.S. Centers for Disease Control and Prevention said “the everyday American should be very concerned” by reductions in force amid the government shutdown.The scientist, one of hundreds of CDC employees terminated by the Trump administration last week, asked that her identity be concealed for fear of retribution. “It’s going to mean more deaths, more preventable deaths,” she told CBS News on Wednesday of the layoffs. “People will absolutely die from the impact of this administration.”The scientist worked at the CDC for the past decade, studying chronic diseases like diabetes and heart disease. She spoke…

TOKYO :Tekscend Photomask shares jumped 11 per cent in their Tokyo debut on Thursday, joining in a run of gains for tech stocks in the country.The manufacturer of photomasks, which are used to transfer patterns onto semiconductor wafers, raised 138.9 billion yen ($920 million) after pricing its initial public offering at 3,000 yen per share, the top of a range.Tekscend Photomask shares began trading nearly 20 per cent above the IPO price at 3,570 yen per share, before paring gains to around 3,330 yen. Tech stocks have been buoyant in Japan amid global enthusiasm for companies seen as benefiting from…

Drastic peak and troughs are a sign of inefficiency. Work-from-home options can smooth out commuter flow issuesSINGAPORE may have enshrined the right of employees to request flexible work arrangements – under tripartite guidelines that kicked in late last year – but the return-to-office wave shows no sign of letting up.Earlier this month, the National University of Singapore made headlines for bringing all its full-time staff back to the office for five days a week. It is just one of many employers, in Singapore and across the world, that seem keen to forget how the Covid-19 pandemic proved the feasibility of…

HKT currently has permission to interconnect with America networks, allowing calls and data to be exchanged directly[WASHINGTON] The US Federal Communications Commission (FCC) took steps to block one of Hong Kong’s largest phone companies from accessing domestic telecom networks, citing national security concerns. Controlled by PCCW, HKT (International) and its subsidiaries must “explain why the FCC should not commence revocation proceedings against them”, the agency said in a statement on Wednesday (Oct 15). HKT currently has permission to interconnect with US networks, allowing calls and data to be exchanged directly. “The FCC’s action on HKT today is an appropriate step…

President Trump hosted dozens of business titans on Wednesday as he seeks to raise hundreds of millions of dollars to add a ballroom to the White House.The guest list for the East Room dinner included representatives from almost two dozen corporations, including tech firms like Amazon, Apple, Meta, Google, Microsoft and Palantir, tobacco companies Altria and Reynolds American and telecom giants T-Mobile and Comcast, according to a list provided to CBS News by the White House. Other notable guests included oil magnate Harold Hamm, sugar industrialist Pepe Fanjul and Tampa Bay Buccaneers owners Edward and Shari Glazer.The cryptocurrency industry — which…

[SINGAPORE] Indonesia Investment Authority, one of the country’s two sovereign wealth funds, is looking to reduce its heavy reliance on infrastructure and diversify to real estate in the medium term.The agency, known also as INA, is seeking to complement its long-term investments in infrastructure with assets requiring shorter holding periods, Christopher Ganis, chief investment officer, told The Business Times in a recent interview. “While infrastructure remains the foundation (of INA’s portfolio), we are increasingly complementing it with asset classes that offer contractual returns, shorter tenors and higher-yield characteristics. This includes investments in real estate, hybrid capital solutions and selected fund…