Leadership

iPhone maker Hon Hai’s April sales rise 19% in positive signal
iPhone maker Hon Hai’s April sales rise 19% in positive signal
Hon Hai Precision Industry posted strong growth in April sales, potentially raising expectations for iPhone sales while artificial intelligence-related business booms.The company, which assembles the majority of Apple’s smartphones,...
Inflows into both S-Reit ETFs reach 19-month high in April
Inflows into both S-Reit ETFs reach 19-month high in April
INVESTING in exchange-traded funds (ETF) has become increasingly popular as it provides instant diversification into a basket of securities, transparency and tradability, as well as lower fees and transaction...
Nomura, Mizuho face losses on All Blue fund’s failed trades
Nomura, Mizuho face losses on All Blue fund’s failed trades
NOMURA Holdings and Mizuho Financial Group are facing more than US$100 million of potential losses tied to a series of failed stock trades made by investment fund All Blue...
HSBC asked by US0 billion investor group to set energy goal
HSBC asked by US$890 billion investor group to set energy goal
A GROUP of HSBC Holdings investors wants the bank to set a funding target for renewable energy amid concerns its current green pledges are too vague.It’s part of a...
Abu Dhabi hub carrier Etihad adds banks to US billion IPO
Abu Dhabi hub carrier Etihad adds banks to US$1 billion IPO
ABU Dhabi hub carrier Etihad Airways has added banks to its planned initial public offering (IPO) that could raise as much as US$1 billion, according to sources familiar with...
Barclays prices mortgage-backed notes in deal with GoldenTree
Barclays prices mortgage-backed notes in deal with GoldenTree
BARCLAYS has priced a mortgage-backed securities transaction that is financing the sale of its Italian home loans to GoldenTree Asset Management.Under the deal, Barclays is transferring the mortgages –...
TD risks an earnings hit from US laundering probe, analysts say
TD risks an earnings hit from US laundering probe, analysts say
WITH new allegations emerging surrounding US anti-money-laundering investigations into Toronto-Dominion (TD) Bank, the lender could face a much higher fine than previously expected as well as a significant hit...
Bitcoin’s wild price swings point to the rising influence of ETF buyers
Bitcoin’s wild price swings point to the rising influence of ETF buyers
BITCOIN appears to be conforming more to the conventional viewpoints of traditional investors who have recently entered the digital asset world through the introduction of US exchange-traded funds (ETFs)....
Expedia shares sink as vacation rental weakness fuels revenue forecast trim
Expedia shares sink as vacation rental weakness fuels revenue forecast trim
EXPEDIA shares tumbled as much as 13 per cent to a near six-month low in early trading on Friday (May 3), after the online booking firm cut its annual...
Oil settles down on US jobs data, steepest weekly loss in three months
Oil settles down on US jobs data, steepest weekly loss in three months
OIL prices settled lower on Friday (May 4), and posted their steepest weekly loss in three months as investors weighed weak US jobs data and possible timing of a...