Leadership
US dollar gains as inflation data looms; yen on intervention watch
THE US dollar gained on the euro and pound on Thursday (Mar 28) after a US Federal Reserve policy maker said he wasn’t in a hurry to cut rates,...
Strong economy, steady inflows power India’s Nifty to best fiscal since 2021
INDIA’S blue-chip Nifty 50 index surged nearly 29 per cent this financial year, ending Mar 31, powered by a booming economy and strong fund inflows that helped mark the...
DBS bank confident of 15%-17% ROE in next 3 to 5 years, CEO says
SINGAPORE’S biggest bank DBS Group is confident of achieving a return on equity (ROE) of 15 per cent to 17 per cent in the medium term or over the...
Eurozone bank lending stagnated again in February
BANK lending to eurozone companies and households continued to stagnate last month, with high interest rates likely to have discouraged borrowers as well as lenders, European Central Bank data...
India sizzles in global equity capital markets amid deals drought in Asia
INDIA’S bulging pipeline of large block trades and listings such as the US$3 billion IPO of Hyundai Motor’s unit will draw more funds to a market whose share of...
China to end punitive tariffs on Australian wine on Friday
CHINA’S commerce ministry said on Thursday (Mar 28) it was lifting punitive tariffs on Australian wine, as trade ties improve between the two countries after years of tension.“In view...
Australia: Shares notch record closing high
AUSTRALIAN shares posted a record closing high on Thursday (Mar 28), with most heavyweight sectors logging strong gains, while investors globally looked forward to a keenly awaited US inflation...
Bank of Korea warns of economic hit if property slump lasts
THE Bank of Korea (BOK) warned on Thursday (Mar 28) that a further slump in the real estate sector would undermine broader economic activity, as it pointed to worsening...
