Wall Street Journal

McDonald’s shuts corporate offices ahead of layoffs, WSJ reports - THE EDGE SINGAPORE

US Economy

McDonald’s shuts corporate offices ahead of layoffs, WSJ reports

McDonald’s is temporarily closing US offices this week as part of a broader restructuring plan.

Tech

Uber said to have reached in-principle agreement to sell Southeast Asia business to Grab

SINGAPORE (Mar 13): The battle between ride-hailing giants Grab and Uber Technologies for market share in Southeast Asia could draw to a close.

Hot Stock

Cosco Singapore hits 3-week high on merger reports

SINGAPORE (Oct 6): Shares of Cosco Corp (Singapore) are up 3.7% to $0.28 during Thursday's session on news its parent entity is planning to merge with another giant state-owned shipping firm.

Higher employment means higher household spending right? Not in Japan

SINGAPORE (Aug 31): Household spending in Japan has bucked conventional economic theory, falling 0.5% in July even as the unemployment rate fell to 3% in the same month, says a Wall Street Journal report on Tuesday.
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