Leadership
Big Nomura clients halt trades with firm over manipulation case
SOME of Japan’s largest financial institutions have halted trading securities with Nomura Holdings as the fallout from its market manipulation scandal spreads, according to sources familiar with the matter....
China central bank chief flags more interest rate cuts
CHINA’S central bank governor said on Friday (Oct 18) the reserve requirement ratio for commercial lenders could be cut further by 25 to 50 basis points by the year-end...
Wee Hur says A$1.6 billion student accommodation sale not a done deal yet
The group currently holds a 50.1% interest in its PBSA fund, with the remaining stake held by GICWEE Hur Holdings has refuted a news article that said property investment...
Gold lingers near record peak, set for weekly gain
GOLD held steady near a record high on Friday (Oct 18), as uncertainty surrounding the US election, simmering Middle East tensions and a looser monetary policy environment boosted its...
Stocks to watch: UOB Kay Hian, Keppel DC Reit, FLCT
THE following companies saw new developments that may affect trading of their securities on Friday (Oct 18):UOB Kay Hian: The Singapore Exchange Regulation has on Thursday lifted the brokerage’s...
Amazon AWS CEO: Quit if you don’t want to return to office
ONE of Amazon’s top executives defended the new, controversial five-day-per-week in-office policy on Thursday (Oct 17), saying those who do not support it can leave for another company.Speaking at...
US: Stocks mixed as enthusiasm for chipmakers returns
US STOCKS closed in mixed territory on Thursday (Oct 17), with the tech-rich Nasdaq Composite once more buoyed by renewed interest in chipmakers and designers such as Nvidia.The Dow...
US: S&P 500 opens at record high on retail sales data, chip stocks boost
Wall Street’s main indexes jumped on Thursday (Oct 17), with the S&P 500 notching up a record high as an upbeat forecast from TSMC boosted semiconductor stocks, while a...
