Lifestyle
Fed’s relaxed bank-capital plan faces bipartisan FDIC pushback
A PLAN to dial back US regulators’ landmark bank-capital proposal is running into a wall of resistance at the Federal Deposit Insurance Corp (FDIC).At least three of five FDIC...
US: Wall St slips at open as investors pause after rate-cut driven surge
Wall Street’s main indexes opened slightly lower on Friday (Sep 20) as investors held back after a jump in the previous session that was sparked by an oversized interest...
Marsh, Tokio Marine Kiln launch port disruption insurance amid shipping chaos
BROKER Marsh and Lloyd’s underwriter Tokio Marine Kiln (TMK) have set up business interruption insurance for ports to provide cover against growing trade disruption risks such as threats to...
India’s Solar Energy to invest 180 billion rupees in renewables by 2030, mulls IPO
STATE-OWNED Solar Energy Corporation of India (SECI) on Friday (Sep 20) pledged to invest 180 billion rupees (S$2.9 billion) in equity for renewable capacity expansion by 2030, and announced...
Thai rice exports to exceed target this year but decline in 2025, association says
Thailand’s rice exports could exceed target and reach 8.5 million metric tons this year, before falling to 6.5 million tons in 2025 as the strength of the baht weighs...
Tokyo Metro, Rigaku set stage for US$3 billion Japan IPOs as listings gather pace
JAPAN’S Tokyo Metro and Rigaku on Friday (Sep 20) kicked off the processes to launch a combined US$3.1 billion in initial public offerings (IPOs) next month, according to term...
Malaysia’s king to seek funds for high-speed rail on China visit
Malaysia’s king is planning to seek funding from Chinese investors for a multibillion dollar high-speed rail project between the South-east Asian country and Singapore, according to people familiar with...
Aussie shares hit record high close, log best week in a month on US rate cut cheer
Australian shares notched a record closing high for the fifth straight session on Friday (Sep 20) and logged their biggest weekly rise in a month, as global optimism in...
