CNBC Daily Open: Iran, Oman in talks on Hormuz; SpaceX is loyal to Nvidia on AI
Optimism over a Strait of Hormuz deal pushed the Dow to a record high and its fifth positive day in a row, while oil extends a cooling trend.
Business
NYT Strands Answers Today: Hints & Clues For Thursday, August 6 (Blossoming Forth)
Looking for help with today's NYT Strands puzzle? Here's an extra hint to help you uncover the right words, as well as all of today's answers and Spangram.
Business
Iran says deal with Oman on Strait of Hormuz is in final stages
Neither the US or Oman have commented on the proposed agreement on the vital waterway.
Business
The Dutertes, BPI’s TG Limcaoco, and a very stubborn bank secrecy law
There is history here, too. The same BPI Julia Vargas branch now covered by Sara Duterte’s impeachment subpoena was at the center of Rodrigo Duterte’s 2016 bank account controversy.
Three charged for 'threats' amid probe into Black US teens' shady death
Three people have been charged for allegedly threatening a US judge, authorities and witnesses connected to the investigation of black teenager Nolan Wells's mysterious death.
Samsung pre-orders for latest Galaxy Z foldables jump 30% from 2025
Samsung is hyping its preorder performance just weeks before Apple is due to launch its long-awaited folding iPhone.
New Next 50 active ETF tracking small and mid-cap stocks launches on SGX
The CGS Fullgoal Singapore Next 50 Active ETF is the first ETF benchmarked to the iEdge Singapore Next 50 Index.
CGSI Securities Singapore launches first ETF tracking SGX’s small and mid-cap stocks
It is expected to list on the mainboard on Sep 3
Man charged with manslaughter over fatal crash in Cairns
Queensland police have laid five charges against Jake Edward Warn, 36, after a crash which killed a 25-year-old woman in northern Cairns.
Meta AI model hacks another company during testing
Meta had inadvertently given its AI model access to the open internet
Dow futures inch higher after blue-chip index posts new record close: Live updates
Markets ended divided Wednesday as a record close in the Dow Industrials contrasted with losses in the Nasdaq Composite and S&P 500.
More alleged victims surface in child sex abuse case against paediatrician
A Perth paediatrician who allegedly recorded himself abusing children in his clinic is charged with another 15 child sex offences against seven more alleged victims.
Stocks to watch: DBS, Keppel, CapitaLand Ascendas Reit, CapitaLand Ascott Trust, CAReit, CSE Global, Coliwoo
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Aug 6):
Locals angered after vandals graffiti 100-year-old war memorial
Locals say they are feeling hurt after a 100-year-old war memorial was vandalised with slogans including "death to Australia".
Editor's note: This article has been removed
Business
TikTok Is Laying Off 250 Employees in Its Nashville Office
The office was home to members of the app’s content moderation team.
Tech trade may see bigger retail influence after July rout, JPMorgan says
Hedge funds’ capacity to hold tech exposures may be structurally reduced
CapitaLand Ascott Trust to acquire Coliwoo Midtown for S$134 million
The deal is expected to increase the trust’s pro forma distribution per stapled security by 2.4%
US Fed’s Cook ready to raise rates if inflation doesn’t start easing
US inflation in June versus the same month a year before stood at 3.7%
Business
Bessent Declares Widening Gap Between Rich and Poor ‘Dead’
Despite data to the contrary, the Treasury Secretary made the case that the K-shaped economy no longer exists.