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BANKS in the Republic can now better tackle trade finance fraud with a new automated digital tool that checks the authenticity of bills of lading – supporting documents commonly used to…
China will also encourage copper smelters to sign long-term purchase agreements with global miners CHINA has tightened requirements for building new copper smelters, in its latest attempt…
Sarawak will sign a sales and purchase agreement on Wednesday to acquire MASwings MALAYSIA’S Sarawak state will acquire a sister company of national carrier Malaysia Airlines, its latest…
WORLD Liberty Financial (WLF), the new crypto platform in which US President Donald Trump holds a financial stake, announced that it was unveiling a strategic token reserve designed to…
COMMONWEALTH Bank of Australia’s (CBA) first-half cash earnings beat estimates on Wednesday (Feb 12), as lending volume growth and lower provisions for bad debts offset higher technology…
The FDIC wants disclosures on any potential effort by large asset managers to sway banks where they have sizeable stakes BLACKROCK and the Federal Deposit Insurance Corporation (FDIC) are…
THERE are only five Singapore Exchange (SGX)-listed companies on a list of 100 fastest-growing firms based in Singapore and they hail from a diverse range of sectors, a recent study by The…
SINGAPORE shares began Wednesday (Feb 12) trading in positive territory as markets abroad logged mixed results. As at 9.01 am, the Straits Times Index (STI) was up 0.5 per cent or 19.87…
CHINESE quantitative hedge funds saw a strong rebound in the final quarter of 2024, saving the industry from an otherwise bruising year marked by record drawdowns and regulatory clampdown.…
THE following companies saw new developments that may affect trading of their securities on Wednesday (Feb 12). Singapore Exchange (SGX): The total securities market turnover value on the…
KKR is more than halfway to a US$20 billion money-raising goal for its North America buyout fund, a sign of momentum during a difficult environment for the asset class. The New York-based…
CHINA’S insatiable appetite for bubble tea has spawned another billionaire. Guming Holdings’ US$233 million Hong Kong initial public offering (IPO) bolstered the value of the stake owned…
JPMORGAN Chase’s payments processing unit is partnering with fintech Klarna to expand buy now, pay later (BNPL) options for its merchants. JPMorgan Payments will provide some 900,000…
LYFT issued a disappointing first-quarter gross bookings outlook, following a similarly muted forecast from rival Uber Technologies citing the impact from the extreme winter weather and LA…
AMID continued geopolitical tensions, macroeconomic uncertainty and market volatility, businesses are looking to future-proof themselves to stay competitive in a rapidly changing…
HEALTHCARE real estate investment trust (Reit) First Reit posted a distribution per unit (DPU) of S$0.0116 for the second half of its 2024 fiscal year – a 6.5 per cent decrease from…
REAL estate services group PropNex said that its wholly owned subsidiary PropNex Realty, has been named as one of three co-defendants in a lawsuit. The suit has been filed in the High…
WALL Street’s main indexes opened lower on Tuesday (Feb 11), as investors awaited a testimony from Federal Reserve Chair Jerome Powell for insight on tariffs and their impact on inflation…
It’s focused on capturing demand in emerging markets such as India and expanding its portfolio in North America Coca-Cola posted a surprise rise in comparable revenue and topped estimates…
THE total securities market turnover value on the Singapore Exchange (SGX) increased 1 per cent year on year (yoy) to S$20.8 billion in January, with the Straits Times Index (STI) hitting…
BP CEO Murray Auchincloss pledged on Tuesday (Feb 11) to fundamentally reset the company’s strategy as it reported a 35 per cent fall in annual profits, missing analysts’ expectations. The…
Improvement is attributed to better business performance and lower non-cash impairments of joint venture Source link
HSBC Holdings hired former BNP Paribas banker George Sun as head of global debt markets for Asia, attracting an outsider even as the bank undergoes a restructuring. A spokeswoman for HSBC…
CHINESE battery giant CATL plans to file a Hong Kong listing application this week to raise at least US$5 billion, according to two sources with direct knowledge of the matter. The filing…
