Leadership
McDonald’s readies new US value lineup to entice diners back
MCDONALD’S is launching a new US value platform in an attempt to woo budget-conscious diners.The new lineup, called McValue, includes an offer to buy one item and get one...
US: Wall Street opens subdued as Nvidia earnings awaited
WALL Street’s main indexes were little changed on Wednesday (Nov 20), as investors awaited AI giant Nvidia’s quarterly results, while also eyeing rising geopolitical tensions between Russia and Ukraine.
The...
HSBC relaunches ‘Premier’ brand in UK in pursuit of wealthy clients
HSBC is relaunching its ‘Premier’ wealth banking brand in Britain, targeting so-called mass affluent customers who have between £100,000 (S$170,082) and £2 million to invest.
Jose Carvalho, HSBC UK’s head...
China funds slash ETF fees, escalating price war in booming market
MAJOR Chinese fund companies announced a big reduction in fees for a batch of equity exchange-traded funds (ETFs) on Wednesday (Nov 20), intensifying price competition in the rapidly expanding...
China smartphone sales drop 9% y/y over Singles’ Day shopping festival
APPLE sold fewer smartphones during China’s Singles’ Day shopping festival this year as it faced pressure from an “abnormally high” number of rival handsets launched around the event, Counterpoint...
ADIA, GIC in talks to acquire Pye-Barker Fire & Safety minority stake: sources
The Abu Dhabi Investment Authority (ADIA) and Singapore’s GIC are in advanced talks to acquire a minority stake in Pye-Barker Fire & Safety in a deal that would value...
Brokers’ take: RHB upgrades UOB to ‘buy’, lifts price target to S$40.20 on positive 2025 outlook
RHB has upgraded its call for UOB to “buy” from “neutral”, while raising its price target for the lender to S$40.20 from S$35.60 previously.The new price target is 10.3...
Hot stock: Keppel DC Reit rises 2.3% as investors weigh S$1.4 billion data centre deal, equity fundraising
UNITS of Keppel DC Real Estate Investment Trust (Reit) gained some ground in the morning trading session on Wednesday (Nov 20). As at 9.55 am, the counter jumped 2.3...
