Leadership
US proposes to boost Internet security, citing Chinese carrier action
THE Federal Communications Commission (FCC) on Thursday (Jun 6) voted to advance a proposal to boost the security of information transmitted across the Internet after government agencies said a...
GameStop surges almost 50% as ‘Roaring Kitty’ teases livestream
SHARES of GameStop surged nearly 50 per cent on Thursday (Jun 6) after the online stock influencer known as “Roaring Kitty” posted on YouTube that he would host a...
US banks tap complex mortgage product to fight deposit flight risk
US BANKS are ramping up investments in a complex part of the mortgage bond market that offers shorter-term securities, as they cope with the growing risk of their losing...
IPOs in Europe set for handy boost from ECB rate cut, BofA says
THE historic interest rate cut by the European Central Bank on Thursday (Jun 6) might be just the boost the regional market for initial public offerings needs to spur...
Steady euro takes ECB rate cut in stride
THE euro wavered in a narrow range on Thursday (Jun 6) after the European Central Bank lowered rates from record highs after months of anticipation, ticking higher then briefly...
US: Wall Street steadies after labour market data; Nvidia boosts Nasdaq
The S&P 500 and the Dow opened little changed on Thursday (Jun 6) after jobless claims data indicated growing weakness in the US labour market, while gains in AI-favourite...
Aramco’s US$12 billion sale said to draw strong foreign demand
Foreign investors have flocked to Saudi Aramco’s US$12 billion share sale, people familiar with the matter said, marking a turnaround from the oil giant’s 2019 listing that ended up...
Sembcorp partners Bloom Energy to produce low-carbon power in Singapore
SEMBCORP Industries : U96 0% will work with US fuel cell provider Bloom Energy on the “potential utilisation” of the latter’s low-carbon power generation technologies in Singapore.The collaboration will...
