Leadership
Europe: Tech surge propels Stoxx 600 to near one-week high
EUROPE’S Stoxx 600 ended the week on a high note, bolstered by a rally in tech stocks, while investors analysed the euro zone inflation report to assess the likelihood...
A vintage year for US stock markets that few people expected
A YEAR ago, equity investors and strategists braced for a potentially turbulent 2024, worrying about the risk of a hard landing for the US economy and interest-rate cuts that...
US: Wall St opens higher in shortened Black Friday session
US STOCKS opened slightly higher on Black Friday (Nov 29), with Wall Street’s main indexes set for monthly gains as the holiday shopping season kicked off, putting retail companies...
Hong Kong bourse’s deputy CEO Wilfred Yiu to retire
HONG Kong Exchanges and Clearing on Friday (Nov 29) said Yiu Ka Yan, Wilfred will retire from all his positions held within the group, including as the stock exchange...
Logistics provider GLP is considering a Hong Kong listing in 2025
Logistics company GLP is considering a Hong Kong listing that could happen as early as next year, eight years after the Singapore-incorporated firm was taken private by an investor...
HSBC pulling back from China credit card business after struggling to expand: sources
HSBC is pulling back from its credit card business in China eight years after its launch, as the lender struggled to expand and make the enterprise profitable in the...
US Bitcoin ETFs head for record monthly inflow on Trump optimism
A GROUP of one dozen US Bitcoin exchange-traded funds (ETFs) is on the cusp of a record monthly net inflow, bolstered by the digital asset’s historic surge towards US$100,000...
MUFG considers buyout of Japanese robo adviser WealthNavi
MITSUBISHI UFJ Financial Group (MUFG) is considering a bid to take over Japanese robo-advisory firm WealthNavi, as it looks to expand its financial-technology capabilities and cater to households going...
