Culture
BOJ will find another rate hike this year difficult, says ex-deputy governor
[ad_1] [TOKYO] The Bank of Japan (BOJ) can raise interest rates if prospects of durably meeting its 2 per cent inflation target improve, but would struggle to justify doing so...
HSBC plans to privatise Hang Seng at US$37 billion valuation
[ad_1] The lender plans to refrain from share buybacks in the coming three quarters as it seeks to restore its capital ratio to its operating range[HONG KONG] HSBC Holdings plans...
SoftBank’s Graphcore plans £1 billion chip investment in India
[ad_1] The US’ tensions with China have helped the country rise in prominence for global tech companies, but its AI infrastructure is still developing[LONDON] Graphcore, the British chip designer owned...
Seven & i struggles to win back investors after failed takeover
[ad_1] The company is reshaping itself under a new chief executive by selling weaker assets, buying back two trillion yen worth of shares and betting on growth in Japan and...
Crypto exchange Gemini launches Australian arm
[ad_1] [SINGAPORE] Cryptocurrency exchange Gemini said on Thursday (Oct 9) that it has launched an Australian operation as the firm expands into the country, offering its digital currency exchange services...
Fed minutes show caution over inflation even as officials cut rates
[ad_1] Federal funds futures contracts suggest investors see rate cuts likely in October and December[NEW YORK] US Federal Reserve officials showed a willingness to lower interest rates further this year,...
US: S&P 500, Nasdaq end higher as tech strength outweighs Fed concerns
[ad_1] [NEW YORK]Technology shares boosted US stocks to a higher close on Wednesday (Oct 8) as investors, lacking economic data during the government shutdown, looked to minutes from the US...
Europe: French stocks revive after turmoil; Stoxx at record highs
[ad_1] [BENGALURU] European shares climbed to record highs on Wednesday (Oct 8), powered by strong gains in French and Spanish stocks, and steelmakers rallied after the EU unveiled plans to...
US: Wall Street indices open higher with Fed remarks in focus
[ad_1] [NEW YORK] Wall Street’s main indices opened higher on Wednesday (Oct 8) following a blip in a steady rally, as investors awaited fresh clues from Federal Reserve officials on...
Singapore stocks track regional decline; STI down 0.4%
[ad_1] Across the broader market, advancers outnumber decliners 310 to 276, after 1.7 billion securities worth S$1.3 billion change hands[SINGAPORE] Local shares ended Wednesday (Oct 8) lower, tracking a broader...
