Leadership
JPMorgan profit beats estimates even as interest income misses predictions
JPMORGAN Chase’s profit beat estimates in the first quarter, but shares dropped after the bank’s forecast for income from interest payments fell short of analysts’ expectations.
High borrowing costs have...
Issue 95: Dissecting Singapore banks’ financed emissions; justifying the just transition
In this issue: Banks’ financed emissions mostly improved despite some trouble spots, while standard ways of assessing impact might not be enough to understand the trade-offs in a just...
Mapletree Investments acquires 8,192 student housing beds in UK, Germany for £1 billion
REAL estate giant Mapletree Investments has acquired 8,192 student housing beds across 19 cities in the UK and Germany from Cuscaden Peak Investments, in a deal worth £1 billion...
BlackRock hits record assets of US$10.5 trillion with bond inflows
BLACKROCK’s long-term investment funds took in US$76 billion of net inflows in the first quarter, helping to push the world’s largest money manager to a record US$10.5 trillion of...
Japan’s finance minister says authorities are looking at factors behind yen moves
JAPANESE Finance Minister Shunichi Suzuki said on Friday authorities were analysing not just recent yen levels but factors that are driving the currency’s moves.In a press conference, Suzuki also...
Google alums go big in Japan with months-old startup Sakana AI
SAKANA AI, a Tokyo-based startup founded by former Google researchers, is capitalising on a surge in interest among Japanese firms seeking to catch up in artificial intelligence.Japan has given...
Oil settles lower as rate cut hopes moderate, Brent holds near US$90/barrel
OIL prices settled lower on Thursday as sticky inflation dampened hopes for near-term US interest rate cuts, but worries that Iran might attack Israeli interests kept crude near six-month highs.Brent...
‘Dreadful’ Catalist performance, but hidden gems remain, say analysts
DESPITE the Catalist board’s “dreadful” performance over the last decade, there remain “hidden gems” for investors on Singapore’s junior board, analysts have said.Of particular interest are stocks in the...
