Leadership
Goldman Sachs, Morgan Stanley sell combined US$11 billion in bonds
GOLDMAN Sachs and Morgan Stanley sold a combined US$11.3 billion in investment-grade bonds on Wednesday (Oct 16), after both banks posted earnings that surpassed analyst expectations.Both sales came a...
Hyundai Motor India set to price shares at top of range to raise US$3.3 billion
The price is at the top of the 1,865 rupees to 1,960 rupees range flagged to investors when the deal was launchedHyundai Motor India is set to price its...
Singapore stocks climb at Thursday’s open after key export data; STI up 0.7%
SINGAPORE shares were trading higher on Thursday (Oct 17) morning, following news that the city-state’s key exports in September grew 2.7 per cent year on year, extending the 10.7...
Stocks to watch: Sembcorp, Parkway Life Reit, Yeo Hiap Seng
THE following companies saw new developments that may affect trading of their securities on Thursday (Oct 17): Sembcorp: The group’s renewables subsidiary Sembcorp Green Infra bagged a contract for...
Toyota joins with Hyundai’s Boston Dynamics on AI-powered robots
TOYOTA Motor’s research unit and Hyundai Motor’s Boston Dynamics are joining forces to speed up the development of humanoid robots with artificial intelligence (AI).The partnership will pair Toyota Research...
Morgan Stanley widens gap as banks’ wealth units add US$5 trillion
MORGAN Stanley’s record quarter in wealth management capped a banner period for one of Wall Street’s most-profitable businesses.
Client assets at retail brokerage Charles Schwab and the wealth arms...
Jamie Dimon charts JPMorgan expansion plan into Africa
JPMORGAN Chase, the largest US lender, plans to enter Kenya and Ivory Coast this year and grow its footprint in Africa, CEO Jamie Dimon told Reuters.
International markets are a...
Entertainment firm Neon picks banks for Singapore IPO to raise up to S$500 million
Immersive entertainment group Neon has picked financial advisers for its potential initial public offering in Singapore, according to people with knowledge of the matter.Neon has chosen DBS Group Holdings,...
