Leadership
UBS has AI tool that can scan 300,000 firms in 20 seconds
The tool also identifies potential targets of activist campaigns by comparing the management tone of prepared presentations and Q&A situationsUBS Group has developed an artificial intelligence tool to help...
Fed to cut big banks’ capital hike in half in sweeping overhaul
US regulators will make sweeping changes to their bank-capital rules proposal, cutting the expected impact to the biggest banks by half and exempting smaller lenders from large portions of...
Dollar edges down before US inflation data, presidential debate
The dollar edged down on Tuesday (Sep 10) before US inflation data and the televised US presidential debate on Wednesday, which could affect expectations for the interest rate outlook.A...
China proposes negotiations with EU to resolve EV tariff dispute
CHINA has renewed its offer for talks with the European Commission to address economic and trade frictions to try to ease impending punitive tariffs on China-made electric vehicles.
During a...
Hedge fund chief Paul Marshall buys The Spectator for £100 million
Hedge fund manager Paul Marshall agreed to pay £100 million (S$170.9 million) for The Spectator, a politically influential British magazine that’s known to exert a big sway over the...
STI hits 52-week high; Singtel gains 3.2%
THE Straits Times Index (STI) rode a wave of stock market optimism to hit a 52-week intraday high of 3,523.47 points on Tuesday (Sep 10). It also achieved its...
Trading surge in PBOC-owned China bonds a sign of intervention, sources say
TRADERS are seeing a surge in trading of some Chinese special government bonds mostly owned by the People’s Bank of China (PBOC). Sources said this is a sign that...
Bank of Korea board members wary about financial stability risk, minutes show
Board members are keeping its policy interest rate unchanged at 3.50%, the highest since late 2008The Bank of Korea’s monetary policy board members were cautious about lowering interest rates...
