Lifestyle
HSBC’s wealth head to exit bank after missing out on CEO job
HSBC Holdings’s wealth unit head Nuno Matos is leaving the bank weeks after missing out on the chief executive officer’s role. The head of the London-listed lender’s wealth and personal...
EU new car sales flat in July as battery-electric slumps: industry body ACEA
NEW car sales in the European Union rose 0.2 per cent in July, slowed by declines in France and Germany, while battery-electric vehicles continued to lose market share, data...
Asia: Tech weighs down markets after Nvidia results
A SELL-OFF in tech firms dragged Asian markets down on Thursday after investors were left disappointed by earnings from chip titan Nvidia that stoked concerns about the outlook for...
How the Fed will help Singapore Reits outshine banks
SINGAPORE property owners have spent a long time languishing in the shadow of the chart-topping performance of the island’s banks. But with US Federal Reserve Chair Jerome Powell signalling the start...
Stocks to watch: Prudential, PEC
THE following companies saw new developments that may affect trading of their securities on Thursday (Aug 29):
HP falls after cutting profit outlook on printer slowdown
HP INC slipped about 3 per cent in extended trading after cutting its full-year profit outlook on a continued downturn in its printing unit.The disappointing profit forecast overshadowed the...
AI chip giant Nvidia beats expectations, but shares take hit
ARTIFICIAL intelligence behemoth Nvidia on Wednesday said quarterly sales reached a higher than expected US$30 billion in the last quarter, though that growth was slower than the furious pace...
Oil prices fall 1% after US crude stocks draw; Libya supply risks limit losses
OIL prices settled 1 per cent lower on Wednesday after a smaller-than-expected draw in US crude stockpiles and as concerns over Chinese demand persisted, though losses were capped by supply...
