Culture
Philippine wealth fund to invest in port company Asian Terminals
[ad_1] The Philippine sovereign wealth fund has pursued a few deals since its inception in 2023[MANILA] Philippine sovereign wealth fund Maharlika Investment plans to acquire a minority stake in Asian...
Economists at CBA, NAB call for Australia February rate hike
[ad_1] RBA Governor Michele Bullock has ruled out further policy easing last week after keeping rates steady[SYDNEY] The Commonwealth Bank of Australia and the National Australia Bank, two of the...
Singapore travellers can open, top up digital renminbi wallets under pilot scheme
[ad_1] The agreements come amid a greater push from China to promote cross-border RMB settlement and other financial services[SINGAPORE] DBS Bank was appointed as the second renminbi (RMB) clearing bank...
Gold edges higher on US rate outlook; silver dips but stays near record high
[ad_1] [BENGALURU] Gold prices edged higher on Tuesday (Dec 16), supported by expectations of a US interest rate cut in January, as investors awaited key jobs data due later in...
JPMorgan debuts first money market fund tokenised on Ethereum
[ad_1] MONY, open to qualified investors, allows them to earn a yield while holding the token on the blockchain[NEW YORK] JPMorgan Chase’s asset management arm is launching its first ever...
JPMorgan lets rich European clients borrow against luxury cars
[ad_1] The Wall Street giant’s private bank will give clients the option of borrowing against classic, rare or custom-designed automobiles[LONDON] JPMorgan Chase is expanding its lending services to the wealthy...
IndiGo chaos unmasks fragility of India’s aviation market
[ad_1] The crisis that has engulfed the airline, and led to more than 580,000 passengers being stranded[NEW DELHI] In a matter of days, the reputation of India’s biggest airline was...
Stocks to watch: Singapore Airlines, CSE Global, ST Engineering, Raffles Education
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 16): Singapore Airlines (SIA) : The national carrier recorded passenger traffic of...
BOJ is set to raise benchmark rates to highest level since 1995
[ad_1] Japan’s first female prime minister has refrained from criticising Ueda’s plans to dial back monetary easing as she prioritises the inflation fight[TOKYO] Governor Kazuo Ueda is widely expected to...
PayPal applies to become a bank as US loosens regulatory reins
[ad_1] The application comes on the heels of a number of cryptocurrency firms gaining preliminary regulatory approval to become banks last week[NEW YORK] PayPal Holdings applied to become a bank...
