Leadership
Coinbase eyes more acquisitions as it expands payments business
COINBASE Global is ramping up its efforts in the digital-payments space, with ambitions to make additional acquisitions and generate more revenue from the business line.The biggest US crypto exchange...
Goldman, Morgan Stanley, Bank of America ask buyers of bank risk to disclose leverage
US BANKS including Goldman Sachs, Morgan Stanley and Bank of America (BOA) are asking investors to disclose whether they plan to use additional debt to invest in significant risk...
Wealth hubs go on charm offensive to lure UK super-rich
THE Jumeirah hotel in London’s Knightsbridge has rooms at more than £6,000 (S$10,185) a night, with marble bathrooms, private dining rooms and panoramic views. It showcases some of the...
China’s Trustar raises US$1 billion for vehicle that holds McDonald’s China stake: sources
TRUSTAR Capital has raised US$1 billion for a continuation fund that will hold the Chinese private equity firm’s controlling stake in McDonald Corp’s operations in mainland China and Hong...
Singapore stocks fall amid regional sea of red; STI down 0.1%
SINGAPORE shares closed slightly lower on Thursday (Nov 21) as regional indices ended in the red, with the imminent threat of US trade tariffs under Donald Trump’s presidency elevating...
Nvidia’s supply snags limit deliveries even as demand booms, shares down
NVIDIA’S revenue forecast on Wednesday (Nov 20) disappointed Wall Street, raising questions over whether the artificial-intelligence (AI) boom is waning. But the answer, according to Nvidia executives, analysts and...
China’s Baidu says advertisers still subdued as revenue falls 3%
CHINA’S Baidu on Thursday (Nov 21) said it had not yet seen any notable improvement in advertising spending patterns or consumer spending despite recent government stimulus efforts, as it...
Chinese broker Futu cuts 5% of staff as global expansion slows
CHINA’S online brokerage Futu Holdings is reducing its headcount by about 5 per cent as it reassesses the firm’s strategy to expand globally.Responding to social media posts over large...
