Lifestyle
Citi CFO expects investment banking fees to rise 20% in third quarter
CITIGROUP’S investment banking fees are expected to jump 20 per cent in the third quarter from a year earlier, chief financial officer Mark Mason told investors at a conference...
US: Wall St opens higher on soft landing optimism
Wall Street’s main indexes opened higher on Monday (Sep 9) following heavy losses last week, as investors remained optimistic about soft landing prospects for the US economy ahead of...
US dollar recovers as traders scale back bets of big Fed rate cut
THE US dollar rallied against the yen and other major currencies on Monday (Sep 9) as investors looked ahead to US inflation data after Friday’s mixed payrolls report sparked...
China plans to include steel, cement and aluminium in its carbon market in 2024
CHINA is seeking public feedback on a plan to include cement, steel and aluminium production in its carbon emissions trading scheme by the end of the year, the Ministry...
Asian Development Bank says president Asakawa to leave in early 2025
THE Asian Development Bank (ADB) said on Monday (Sep 9) its president, Masatsugu Asakawa, announced his intention to step down from his position, effective Feb 23, 2025.
The Yomiuri newspaper...
Singapore’s STI lifted by three banks, ends up 1.2% on Monday
THE Straits Times Index ended Monday (Sep 9) at 3,496.53 points, up 1.2 per cent or 42.06 points, thanks to upward movements at all three local banks.OCBC was the...
Chinese car sales fall for fifth straight month
PASSENGER vehicle sales in China fell in August for the fifth straight month, industry data showed on Monday (Sep 9), though sales of all-electric and plug-in hybrid models rose,...
Centurion unit to set up JV companies to retrofit, manage China residential housing
ACCOMMODATION assets operator Centurion Corporation’s indirect wholly owned subsidiary, Centurion China Investments, will set up two joint venture companies with Xiamen City Home Apartment Management.
The companies will retrofit,...
