Leadership
Keppel sets sights on private equity, infrastructure in shift to be asset management powerhouse
AS KEPPEL : BN4 0% shifts its focus towards becoming an asset manager, chief executive Loh Chin Hua said the group is exploring opportunities in private equity markets and...
Coinbase must face US securities regulator’s lawsuit
A FEDERAL judge in Manhattan on Wednesday (Mar 27) said the US securities regulator’s lawsuit against Coinbase can move forward, but dismissed one claim the agency made against the...
Bank of England steps up scrutiny of private equity and bank valuations
THE Bank of England said on Wednesday (Mar 27) it was taking a deeper look at risks from the opaque private equity sector, and why valuations of Britain’s main...
US: Wall St opens higher as growth stocks recover
WALL Street’s main indexes gained at the open on Wednesday (Mar 27) as chipmakers and growth stocks rebounded in light trading ahead of crucial economic data, commentary from the...
Top China bank ICBC reports flat 2023 profit
INDUSTRIAL and Commercial Bank of China Ltd (ICBC) posted a 0.79 per cent rise in 2023 net profit, the world’s largest lender by assets said in a filing on...
Nissan will invest in Renault EV unit even though IPO scrapped: CEO
JAPAN’S Nissan Motor will invest in the electric vehicle unit of alliance partner Renault even though the French carmaker has decided not to list the unit, Nissan’s CEO said...
Chinese EV maker Nio cuts Q1 deliveries forecast amid tepid demand
CHINESE electric-vehicle maker Nio lowered its forecast for first-quarter deliveries on Wednesday (Mar 27), as it grapples with slowing demand and a price war in China.
The company’s US-listed shares...
Singapore stocks close higher on Wednesday; STI up 0.6%
SINGAPORE stocks inched higher for the second consecutive day on Wednesday (Mar 27), as regional bourses ended mixed.The Straits Times Index (STI) rose 0.6 per cent or 18.38 points...
