Leadership
Singapore stocks open lower on Tuesday; STI down 0.3%
SINGAPORE stocks started trading lower on Tuesday (Nov 26), following declines in other Asian markets after US President-elect Donald Trump said the US would impose an extra 10 per...
Intel expects US to shave chip-making grant: sources
INTEL expects the US government to reduce a preliminary subsidy of US$8.5 billion to build more chip factories, two sources familiar with the matter said on Monday (Nov 25),...
Zoom gives in-line sales forecast while investors seek more
ZOOM Video Communications gave a sales forecast for the current quarter that failed to impress investors who were expecting a bigger boost from the company’s expanded suite of products....
Bank of England suppressing debate on long-term rates, ex-policymaker says
BANK of England (BOE) governor Andrew Bailey is suppressing a critical debate about where interest rates will settle in a move that may sow confusion about the stance of...
Citigroup awards special retention bonuses for dozens, Bloomberg News reports
CITIGROUP’S wealth unit has greenlit special retention bonuses for dozens of personnel this year as the Wall Street giant looks to prevent more bankers from leaving, Bloomberg News reported...
US: Wall St opens higher as Trump’s Treasury selection boosts sentiment
WALL Street’s main indexes opened higher on Monday (Nov 25), with the blue-chip Dow scaling a record high, driven by investor optimism following Scott Bessent’s nomination as Treasury Secretary...
South Korea prosecutors seek 5-year jail term for Samsung Electronics chief in appeals case
SOUTH Korean prosecutors requested on Monday (Nov 25) a five-year jail term for Samsung Electronics chairman Lee Jae-yong over actions in a controversial merger of affiliates that helped solidify...
UK regulator fines Barclays £40 million over disclosures related to Qatar dealings
BRITAIN’S financial regulator said on Monday (Nov 25) it had fined Barclays £40 million (S$68 million) in total for its failure to disclose certain arrangements with Qatari entities in...
