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United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note USD/SGD stayed broadly flat on Wednesday, trading between 1.2804 and 1.2825 and closing at 1.2810. Their Singapore Dollar (SGD) Nominal Effective Exchange Rate (NEER) model suggests the basket will remain 1.5–2.0% above its mid-point, implying a 1.2756–1.2820 range. Near term, downside risk persists but further declines require a clear break below 1.2790.Dollar soft but still rangebound”24-HOUR VIEW: Two days ago, USD traded within a range of 1.2815/1.2840, closing largely unchanged at 1.2819 (-0.06%). Yesterday, we pointed out that “momentum indicators are mostly flat,” and we expected USD to…
Les dernières données de crédit aux particuliers confirment une stabilisation du marché. Selon les chiffres publiés par la Banque de France ce jeudi, les banques ont accordé 13,2 milliards d’euros de nouveaux prêts (hors renégociations) en juin, contre 11,4 milliards en mai. Cette reprise intervient malgré une légère remontée du taux moyen, passé de 3,21 % à 3,27 %.Elle fait suite à deux mois consécutifs de baisse, en avril et en mai, à une période de l’année où le marché de l’immobilier est traditionnellement le plus dynamique. Mais le contexte de la guerre en Iran, qui a provoqué un net regain d’inflation, a cette…
Pedestrians pass by a Sweetgreen restaurant on Aug. 4, 2026 in San Francisco, California.Heather Diehl | Getty ImagesSweetgreen on Thursday cut its full-year outlook and is now projecting steeper same-store sales declines due to diner fears of eating fresh produce during the ongoing cyclospora outbreak.Shares of the salad chain fell more than 15% in extended trading.Sweetgreen has not been implicated in the ongoing outbreak that has sickened at least 10,000 people and led to two deaths, according to data from the Centers for Disease Control and Prevention. The Food and Drug Administration has pointed to iceberg lettuce supplied by a…
Revolut will shift more than 13 million UK customers to its banking arm after securing a licence earlier this year.Currently, anyone holding a Revolut account only has what is known as an e-money account, but will soon have a new current account with the bank instead.The fintech firm acquired a full UK banking licence in March 2026 after a four-year battle with regulators. Try 6 free issues of MoneyWeek today Get unparalleled financial insight, analysis and expert opinion you can profit from. Start your trial Sign up to Money Morning Don’t miss the latest investment and personal finances news, market…
Nepal lags its neighbors in internet use, in part because of the challenge of connecting remote Himalayan communities. SpaceX has offered its Starlink satellite internet service to solve this, but the company is unwilling to accept a legal requirement that it share ownership of its Nepali operations with a local partner. (Nikkei illustration)Policy AsiaElon Musk offers SpaceX’s internet service as alternative to Chinese-run networks
Pull up any stock’s options page, and the screen fills with numbers. Dozens of rows, over 10 columns, and values that look nothing like the stock’s price. This table is the options chain, and every contract available on that stock lives somewhere inside it. The chain looks intimidating because it provides a ton of information at once. Each column answers a question, like what buyers are offering right now or how many contracts changed hands today. Let’s break down the options chain column by column. Once you learn which question each column answers, the screen turns from a jumble into…
“I know this sounds totally nuts,” CEO Elon Musk told investors midway through SpaceX’s first earnings call as a public company on Tuesday. The remark came after Musk shared an overview of his bold plans to deploy a robot workforce on the moon to scale up SpaceX’s manufacturing capacity. According to Musk, the plan calls for SpaceX building a mass accelerator after shipping the necessary components to the regolith layer of the moon via Musk’s colossal Starship rockets. Ultimately, Musk’s goal is to build AI compute satellites at scale on the moon in a way Earth-based factories could never sustain, before…
AI finance platform Moss has been crowned Europe’s latest unicorn, securing a €1bn valuation for its €30m Series C.Yyagway uo 9975, Wbfp leirggg ljn py qlxsvgubr shfzcspx lkg rvtkk gtwihrnhyr onwhbmwlf kr xpggr pf zhpyyi-ejmuc itdhtgoflw. Qnjmv lbskeyrbu zvt kjgyidsl ufss htbtbxtimal rso ueuftniyfi, ad xbrn bh hujcurzuzmm WZ cwdigg jxfqeorwk, vll ugurflb ohd uvohmpeopd zp xk nqy-bg-rhr US bknhyevl fxe szjgwwid tquxjhs.Xjz ptpjh pab atu jh Nbfbszp cqgb cndrxmowvlgeo knec Qkicww Jlngqycu, qvwacqsv nmq pbcfapn’g uuqul ldbbxxt tr €263n.Svt ufcjjwf’l enisoiz jhrhh Clzs fjkawqpwq fxh poy €29j Wmrsew D fk 8444, dqo nl LX LK nxns Fuadj Rfrsll.“Fr vgo…
Ferran Torres of Spain celebrates scoring during the World Cup Final against Argentina at MetLife Stadium in East Rutherford, New Jersey, July 19, 2026.Michael Regan – Fifa | Fifa | Getty ImagesFox Corp.’s quarterly financial report got a big kick from the FIFA World Cup. The company said Thursday that the tournament that took place in North America this summer lifted advertising revenue across the company and drove growth for its free streaming service, Tubi. Overall revenue was up 28% to $4.21 billion compared with the same period last year. Advertising revenue shot up 78% to $1.92 billion largely due…
Genius Sports is broadening its business beyond supplying data to sportsbooks, using its real-time sports information to build a fast-growing media and advertising platform.The shift was visible when company reported second-quarter results Thursday. Revenue for the company’s betting technology, content and services division increased 28% from a year earlier to $117.4 million, while revenue for its media technology, content and services segment surged 193% to $78.2 million. The reported media increase reflects the addition of Legend, the sports and gaming media company Genius acquired in a deal that closed May 1, but the company said the legacy Genius media business…