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JAPAN’S Finance Minister Satsuki Katayama said she and US Treasury Secretary Scott Bessent shared concerns over what she called the yen’s recent “one-sided depreciation”, as Tokyo stepped…
This allows the company to better manage its real estate and fund management business in the country Boustead Singapore on Monday (Jan 12) announced amendments to a master share…
Investors rush into Asia markets, precious metals as the ‘sell US’ trade takes hold Investors could continue to rush out of US markets and seek safety in precious metals, said analysts on…
BlackRock is cutting hundreds of jobs across the company, becoming the latest Wall Street firm to rein in headcount in recent weeks. The cuts total about 1 per cent of BlackRock’s global…
Wall Street is about to embark on its regular borrowing binge, as it gears up to sell debt soon after posting results. This year there’s a wildcard: US President Donald Trump, who is…
He said that it’s critical for the Fed to get inflation back to its 2 per cent target Federal Reserve Bank of New York President John Williams said on Monday he expects a healthy economy…
Big Tech companies are looking to secure long-term electricity supplies as AI and data centres increase US power demand Meta has announced its “Meta Compute” initiative to build artificial…
CITIGROUP is set to cut about 1,000 jobs this week as part of chief executive Jane Fraser’s march to keep a lid on costs and improve returns at the Wall Street bank. The company, which had…
[GREENWICH, Connecticut] Billionaire Brad Jacobs’ QXO said it has secured an additional US$1.8 billion in financing, led by Singapore’s Temasek Holdings and Apollo Global Management, as…
Temasek Holdings will take a minority stake in the Italian high-end sneaker producer Goldman Sachs, Group JPMorgan Chase and UBS Group are leading a debt financing deal backing a Chinese…
It will house the new business within its wholly owned venture capital unit, SC Ventures Standard Chartered plans to set up a prime brokerage for cryptocurrency trading, sources said, as…
Legacy foreign carmakers such as Volkswagen have ceded share to Chinese rivals due to a slower shift to EVs Volkswagen was overtaken by Geely Auto in sales in China last year, dropping to…
Malaysia’s state energy company Petroliam Nasional Berhad (Petronas) said on Monday (Jan 12) it has filed a motion at the country’s top court seeking clarity on the legal and regulatory…
THE Singapore Exchange (SGX) held multiple calls with treasury officials from global banks about introducing futures tied to some Asian government bond markets, according to people…
British Land CEO Simon Carter plans to step down this year to join European logistics developer P3 Logistics Parks, the real estate group said in a statement on Monday (Jan 12). During…
The Malaysian businessman succeeds Ng Ser Miang, who steps down on Jan 31 after a decade Mainboard-listed Thomson Medical Group has appointed Malaysian businessman Tong Kooi Ong as its…
The swift scrutiny shows fears Manus’ sale could spur more tech stars to follow the same path It took just 10 days for Meta’s acquisition of Manus to run into Beijing’s cross hairs, months…
The lender warns the proposal would add huge costs and threaten the continuation of its successful business model UBS on Monday (Jan 12) rejected government proposals to strengthen…
South Korean authorities summoned seven local banks last week to question them about increasing US dollar deposits, officials and bank sources said on Monday (Jan 12), amid growing…
The bank has focused its growth efforts on regions such as Asia and the Middle East HSBC is opening an asset management business in the UAE and launching 10 onshore funds, it said on…
Oil prices edged higher on Monday (Jan 12) as escalating protests in Iran sparked concerns about supplies from the Opec producer, while efforts to resume oil exports from Venezuela and…
The discussions are expected to also include officials from Australia, South Korea, India, Mexico and the European Union THE US will host a gathering of Group of Seven ministers to discuss…
The agency is also allowing the company to upgrade the satellites and operate across five frequencies The Federal Communications Commission (FCC) said on Friday (Jan 9) that it has…
The automaker’s pullback comes as Detroit carmakers reassess electric-vehicle spending amid policy changes under US President Donald Trump CHRYSLER parent Stellantis said on Friday (Jan 9)…
