Culture
Citi targets Middle East ultra-rich with push to hire private bankers
[ad_1] [DUBAI] Citigroup’s private bank is planning a hiring drive for the Middle East region as part of the Wall Street giant’s global expansion of its services to the ultra-wealthy.
James...
BOJ sees trade deal as raising chance of meeting inflation goal
[ad_1] [TOKYO] Japan’s trade deal with the US has reduced uncertainty surrounding the economy, the central bank’s deputy governor Shinichi Uchida said, signalling optimism that conditions for resuming interest rate...
Alibaba launches open-source AI coding model, touted as its most advanced to date
[ad_1] The launch comes amid intensifying competition among Chinese technology companies in the global artificial intelligence development racePublished Wed, Jul 23, 2025 · 02:07 PM[BEIJING] Alibaba Group announced on Wednesday...
Starbucks opens free study rooms in China to lure back customers
[ad_1] [BEIJING] Starbucks has launched free “study rooms” in some of its China outlets, the company’s latest initiative to help boost consumer traffic as domestic competition surges in its second-biggest...
Japan 40-year bond auction sees weakest demand ratio since 2011
[ad_1] The sale comes after Japanese Prime Minister Shigeru Ishiba’s ruling coalition failed to win a majority in the upper house at a vote on SundayPublished Wed, Jul 23, 2025...
Indonesian oil giant Chandra Asri buys 11.9% stake in Hiap Seng Industries; shares up 58.3%
[ad_1] Future partnerships between both companies could be on the horizon, says Hiap Seng Industries [SINGAPORE] Indonesian petrochemical producer Chandra Asri has purchased an 11.9 per cent stake in the...
Morgan Stanley faces Finra probe on client-vetting: report
[ad_1] The firm has been working on fixing its client-screening practices after the US Federal Reserve for years raised concerns about risk-management controls in the firm’s wealth-management unitPublished Wed, Jul...
Asian local-currency bond sales reach record on risks to US dollar
[ad_1] [CHICAGO] US President Donald Trump’s unpredictable policy moves are driving investor demand for Asian local-currency bonds, spurring fresh interest in the region.Companies and non-sovereign issuers in Asia-Pacific have sold...
BOJ’s Uchida warns of downside risks to economy on trade uncertainty
[ad_1] [KOCHI, Japan] Bank of Japan Deputy Governor Shinichi Uchida said risks to economic activity and prices were skewed to the downside due to “extremely high” uncertainty over trade policy, even...
RBA seen cutting three more times by early 2026, matching market
[ad_1] [SYDNEY] Economists expect Australia’s central bank will deliver three more interest-rate cuts by early 2026, up from two seen previously, bringing their outlook into line with money market pricing....
