Leadership
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...
RBA reforms raise uncertainties over rate path, economists say
Australia’s surprise late-night passage of legislation that will split the Reserve Bank of Australia’s (RBA) board into two entities may pave the way for it to reveal votes similar...
Macquarie seeks Japan, India fund bets as China appetite cools
MACQUARIE Group, one of the world’s biggest infrastructure investors, is looking to deploy more of its growing Asia cash pile in markets such as Japan and India as its appetite...
Singapore shares end higher on Friday amid cautious optimism; STI up 0.1%
SINGAPORE stocks closed on Friday (Nov 29) in the black, as global markets appeared to take Donald Trump’s impending presidency with cautious optimism.The benchmark Straits Times Index (STI) gained...
