Fashion
Nomura weighs deeper foray into prime brokerage four years after Archegos
[ad_1] [LONDON] Nomura Holdings is weighing a return to offering cash prime-brokerage services in the US and Europe, businesses it largely exited just four years ago following the implosion of...
Stocks to watch: CICT, MPACT, Sats, Suntec Reit, OUE Reit, Clint
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Apr 25).CapitaLand Integrated Commercial Trust (CICT): It posted net property income (NPI) of...
MPACT struggles with leasing demand, cost of debt as Q4 DPU tumbles 14.8%
[ad_1] [SINGAPORE] The manager of Mapletree Pan Asia Commercial Trust (MPACT) on Friday (Apr 25) warned of ongoing challenges – including slow leasing demand and higher-for-longer cost of debt –...
Bank of Japan’s Ueda keeps rate-hike pledge but warns of US tariff impact
[ad_1] [WASHINGTON] Bank of Japan (BOJ) governor Kazuo Ueda said on Thursday (Apr 24) that the central bank will continue to raise interest rates if underlying inflation converges towards its...
Chinese EV maker Nio’s challenges bleed into its bond prices
[ad_1] [NEW YORK] A rally in the price of Nio’s convertible bonds is not enough to allay concerns over the Chinese electric vehicle (EV) maker’s financial health, analysts say.Nio’s 3.875...
Footwear brand Skechers pulls annual forecast on trade uncertainty, shares drop
[ad_1] [BENGALURU] Skechers on Thursday (Apr 24) withdrew its annual results forecast as the Trump administration’s erratic trade policies fuel economic uncertainty, sending the footwear maker’s shares down 7 per...
Intel delivers disappointing forecast, moves to slash jobs
[ad_1] [SAN FRANCISCO] Intel, the chipmaker attempting a comeback under new chief executive officer Tan Lip-Bu, gave a weak forecast for the current period and said it’s cutting workers to...
Google says will buy back US$70 billion in shares, posts earnings beat
[ad_1] [BENGALURU/SAN FRANCISCO] Google parent Alphabet said it would buy back US$70 billion worth of shares as it reported first-quarter profit above Wall Street expectations on Thursday (Apr 24).Shares jumped...
Meta lays off more than 100 employees across Reality Labs unit
[ad_1] [SAN FRANCISCO] Meta Platforms is laying off more than 100 people across its Reality Labs division focused on creating virtual reality (VR) and wearable devices, according to a source...
Oil prices settle up on weaker US dollar, mixed economic news
[ad_1] [NEW YORK] Oil prices edged up on Thursday (Apr 24) as investors weighed a weaker US dollar, potential Opec+ output increase, mixed economic news, conflicting US tariff signals and...
