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StanChart Singapore’s H1 profit climbs 12.4% to nearly S$1 billion
The rise in earnings comes amid a boost in fee and commission income, as well as forex income[SINGAPORE] Standard Chartered (StanChart) Singapore’s net profit climbed 12.4 per cent year...
Asia: Markets fluctuate ahead of expected US rate cut
ASIAN markets were mixed on Monday as traders geared up for an expected interest rate cut by the Federal Reserve this week.Equities have enjoyed a strong run-up over recent...
Politics drive investment divide in South-east Asia’s top markets
POLITICAL upheaval is driving a split in South-east Asia’s financial landscape, as investors bet that the worst may finally be over in Thailand but only just getting started in...
Blockchain billionaire emerges from Figure’s post-IPO surge
[NEW YORK] It took him a few tries, but Mike Cagney is now a billionaire.Shares of blockchain-based lender Figure Technology Solutions have soared almost 40 per cent since Thursday’s...
India tweaks IPO rules to allow easier listing for big firms
[MUMBAI] India’s securities market regulator on Friday (Sep 12) made it easier for very large private companies to go public in one of the world’s top destinations for first-time...
Europe: Stoxx 600 slips as French rating review looms; still ends week higher
[GDANSK] European shares ended the week on a strong note, but were a little lower on Friday (Sep 12) as investors turned cautious ahead of Fitch’s credit rating decision...
US: Nasdaq notches record high close, traders look to Fed meeting
[BENGALURU] The Nasdaq notched a record high close on Friday (Sep 12) in a mixed trading session, lifted by Microsoft as investors looked ahead to the Federal Reserve’s policy...
OpenAI wants to create a public benefit corporation. What does that mean?
The company has faced pushback, including from early backer Elon Musk, on the moveAFTER months of back-and-forth with regulators and stakeholders, OpenAI said it is getting closer to converting...
