Leadership
US: Stocks end mostly up ahead of key inflation data
WALL Street stocks finished mostly higher Tuesday (Apr 9) ahead of key US inflation data as markets grapple with a shifting outlook for monetary policy.Investors will be poring over...
Seven & i to list supermarket unit Ito-Yokado, Kyodo reports
JAPAN’S Seven & i Holdings plans to list its supermarket unit Ito-Yokado, Kyodo news agency reported on Tuesday (Apr 9), citing unidentified sources.
The retail conglomerate aims to focus on...
US: Wall St opens higher on easing bond yields; inflation data on tap
WALL Street’s main indexes opened higher on Tuesday (Apr 9) supported by retreating Treasury yields, while investors awaited a key inflation print later in the week that could help...
US dollar struggles for direction ahead of data despite rise in yields
THE US dollar struggled for direction on Tuesday (Apr 9) as investors were cautious ahead of inflation data due on Wednesday, while US Treasury yields rose with markets scaling...
Citigroup CEO faces growth challenge as overhaul rattles employees
CITIGROUP investors have rewarded CEO Jane Fraser with a share price boost after Fraser announced a sweeping overhaul of Citi’s sprawling structure in September, cutting costs by laying off...
BP sees strong trading performance in Q1
BP EXPECTS to report a strong performance from its trading business for the first quarter, with a notable improvement in results from buying and selling oil. The boost in...
Ascend Elements, Elemental Strategic Metals form European EV battery recycling venture
US FIRM Ascend Elements and Poland’s Elemental Strategic Metals have formed a joint venture to recycle electric vehicle batteries, with their first Polish plant already open and another plant...
China’s ICBC plans US$5.5 billion sale of loss-absorbing bonds
INDUSTRIAL and Commercial Bank of China is planning to issue as much as 40 billion yuan (S$7.45 billion) of total loss-absorbing capacity (TLAC) bonds as soon as this month,...
