Lifestyle
Schwab, Fidelity, other online brokerages face disruption on frenetic trading day
ONLINE services at brokerages Charles Schwab and Fidelity Investments faced an outage on Monday (Aug 5), frustrating investors looking to trade on a day when many dumped anything risky...
Magnificent Seven set to shed US$900 billion in value, led by Apple, Nvidia
APPLE and Nvidia led a sell-off in technology stocks on Monday (Aug 5) as US recession fears and Berkshire Hathaway’s decision to cut its stake in the iPhone maker...
Lendlease Global Commercial Reit posts 21.2% lower DPU for H2 of S$0.0177
THE manager of Lendlease Global Commercial Reit (LReit) posted a distribution per unit (DPU) of S$0.0177 for the second half of financial year 2024 (FY2024) ended Jun 30, down...
CSE Global bags new Q2 orders worth S$204.4 million
The new orders bring its first-half order intake to S$390.6 million, edging down 0.1 per cent from S$391 million in H1 FY2023SYSTEMS integrator CSE Global on Monday (Aug 5)...
JPMorgan asset cools on China bond frenzy as curve flattens
A RELENTLESS rally in Chinese bonds has at least one global investor taking pause as yields continue to plumb record lows.JPMorgan Asset Management is taking a break from pursuing...
SoftBank Group shares plunge most since going public in 1998
A STOCK rout in Japan wiped out US$15 billion of SoftBank Group’s value on Monday (Aug 5), after the company’s biggest single-day fall since founder Masayoshi Son took the...
China asks large state financial institutions to drop auditor PwC: sources
CHINESE regulators have in recent months asked several large state-owned clients of PricewaterhouseCoopers (PwC) to drop the auditor as it braces for penalties over its work for troubled property...
Taiwan stocks fall by record 8.4% on tech sector fears
TAIWAN stocks ended down 8.4 per cent on Monday (Aug 5), a record slump, with tech stocks including TSMC plunging as investors sold off one of Asia’s top-performing markets...
