Leadership
Stocks to watch: SGX, Metro, NeraTel
THE following companies saw new developments that may affect trading of their securities on Thursday (Oct 10):
Powell’s half-point cut is hard to repeat with FOMC in no hurry
US FEDERAL Reserve chair Jerome Powell is unlikely to win another big interest-rate cut from his policy committee so long as the labour market holds up.Powell described the move...
BlackRock is among suitors exploring purchase of credit firm HPS
BLACKROCK is among firms exploring a purchase of HPS Investment Partners, according to sources with knowledge of the matter, in a deal that would push the world’s biggest asset...
Kiwi falls after hefty rate cut, US dollar edges up
THE New Zealand dollar slumped on Wednesday (Oct 9) after the country’s central bank cut interest rates by 50 basis points, while the US dollar nudged up against most...
Biggest US banks face revenue pressure in new era of rate cuts
BIG bank investors parsing through the industry’s third-quarter results this week will face something they haven’t grappled with in nearly a half-decade: the impact of Federal Reserve rate cuts.
JPMorgan...
OCBC to stop Russia-linked transactions to cut risk
OVERSea-Chinese Banking Corp (OCBC) will stop handling any transactions involving Russia as it moves to cut exposure to the nation hit with global sanctions.
Singapore’s second-largest lender has told customers,...
MMC Port said to be weighing mega Malaysia IPO valued at up to RM7 billion
It runs seven ports along the Strait of Malacca, one of the world’s busiest shipping lanesMMC Port Holdings has been considering an initial public offering (IPO) in Kuala Lumpur...
MMC Port said to be weighing mega Malaysia IPO valued at up to RM27 billion
It runs seven ports along the Strait of Malacca, one of the world’s busiest shipping lanesMMC Port Holdings has been considering an initial public offering (IPO) in Kuala Lumpur...
