Lifestyle
Singapore, Sichuan companies ink five MOUs as bilateral trade grows
FIRMS from Singapore and China’s western province of Sichuan have signed five agreements across a range of sectors to boost bilateral trade. The memorandums of understanding (MOUs) signed at...
Apple pushes ahead with tabletop home device in shift to robotics
APPLE, seeking new sources of revenue, is moving forward with development of a pricey tabletop home device that combines an iPad-like display with a robotic limb. The company now...
JPMorgan is selling a new type of mortgage credit risk transfer
JPMORGAN Chase plans to sell credit risk on a US$531 million portfolio of adjustable-rate mortgages, a new kind of offering by the bank and the latest example of the...
Nike rises after Bill Ackman’s Pershing Square discloses stake
NIKE shares gained in late trading after Pershing Square Capital Management disclosed a new stake in the world’s largest sportswear company.The investment firm run by Bill Ackman revealed in...
Hong Kong’s CK Infrastructure applies for UK listing
Hong Kong’s CK Infrastructure Holdings said on Wednesday (Aug 14) that it had applied for a secondary listing on the London Stock Exchange.The company, a part of the conglomerate...
Citigroup lifts pre-Brexit cap on top London bankers’ bonuses
CITIGROUP is lifting the limit on some of its top UK bankers’ and traders’ bonuses, following in the footsteps of rivals like JPMorgan Chas and Barclays.
The change will...
US: Wall St opens higher as CPI report cements rate-cut bets
Wall Street’s main indexes opened slightly higher on Wednesday (Aug 14) after data showed inflation was moderating as expected, cementing bets that the Federal Reserve will begin its policy-easing...
Yanlord Land Group sinks into the red with 486 million yuan H1 loss on write down
REAL estate developer Yanlord Land Group reversed into the red with a loss of 486 million yuan (S$89.3 million) for the six months ended Jun 30, compared to net...
