Leadership
UK listings shake-up alone won’t transform London IPO market, say analysts
BRITAIN will finalise its biggest shake-up of company listing rules in decades over the coming weeks, regulators said on Monday (May 20), as industry officials cautioned that the reform...
US dollar holds steady as investors wait for Fed guidance
THE US dollar was broadly steady on Monday (May 20) as investors awaited further clues to help chart the path of US interest rates in the wake of cautious...
JPMorgan raises 2024 interest income forecast to US$91 billion
JPMORGAN Chase on Monday (May 20) raised its forecast for net interest income (NII), or the difference between what it makes on loans and pays out on deposits, to...
TSH Resources Q1 net profit falls 32 per cent to RM20.1 million
PLANTATION company TSH Resources reported on Monday (May 20) a 32 per cent decline in net profit for the first quarter amid lower revenue and an absence of disposal...
STI ends Monday almost flat as market faces reality check
LOCAL shares closed on a dour note on Monday (May 20), with the local benchmark index trading sideways as investors mulled over the possibility of interest rate cuts and...
Prada not looking at M&A, sees ‘positive surprise’ from US: CEO
ITALIAN luxury group Prada is not looking at big acquisitions as it is focused on the brands it already owns, its chief executive Andrea Guerra said on Monday (May...
MAS issues 5-year prohibition order against ex-DBS representative for dishonest conduct
A FORMER representative of DBS was issued a five-year prohibition order by the Monetary Authority of Singapore (MAS) on Monday (May 20) for dishonest conduct.
Japan’s Nikkei retakes 39,000 level for first time since mid-April
JAPAN’S Nikkei share average rose on Monday (May 20), hitting 39,000 points for the first time in a month, as higher expectations for US interest rate cuts continue to...
