Sees
Deutsche Bank sees gold at US$4,000 next year on Fed cuts, China
[ad_1] The bank expects the US central bank to cut rates three times by the end of this year[MELBOURNE] Deutsche Bank expects gold to average US$4,000 an ounce in 2026,...
Jio BlackRock sees India mutual fund industry tripling by 2032
[ad_1] Asia’s richest man is seeking to reshape India’s financial services industry by leveraging his vast telecom and retail empire[MUMBAI] BlackRock’s India venture with billionaire Mukesh Ambani’s group expects the...
Angel Studios Shares Close Up 11% in Stock Market Debut, CEO Sees Big Audience for ‘People Who Think Hollywood Gatekeepers Are Out of Touch’
[ad_1] Angel Studios, in its stock market debut, saw investor enthusiasm for its “values-based” entertainment strategy — an approach that co-founder and CEO Neal Harmon says flips the script on...
Veteran banker sees Malaysia’s BNM keeping rates unchanged
[ad_1] [KUALA LUMPUR] A veteran banker who led a Malaysian lender to record profit says that the South-east Asian country can hold off on further cutting borrowing costs as current...
Veteran banker sees Bank Negara keeping rates unchanged
[ad_1] [KUALA LUMPUR] A veteran banker who led a Malaysian lender to record profit says that the South-east Asian country can hold off on further cutting borrowing costs as current...
Citigroup sees investment-banking fees, markets up mid-single digits
[ad_1] Volatility has whipsawed global markets since US President Donald Trump announced tariffs on trading partners around the world[NEW YORK] Citigroup said that its third-quarter investment-banking fees and trading revenues...
Bank of America sees two US Fed rate cuts this year vs none before
[ad_1] [NEW YORK] Economists at Bank of America forecast two US Federal Reserve interest-rate cuts this year, in September and December, based on weak August employment data, scrapping what had...
Citi expects global digital asset trades to hit US$2 trillion a day; DBS sees volume surge in H1
[ad_1] [SINGAPORE] In a white paper released this week, Citi projected that in five years, the world will see US$2 trillion in digital assets held or traded in a single...
Macy’s sees first increase in same-store sales since 2022
[ad_1] Macy’s raised its expectations for the year and reported the first increase in same-store sales since 2022 after the department store chain intensified its focus on modernizing stores and...