Lifestyle
UBS, Nomura battle to sell rate products to Europe’s ultra rich
UBS Group and Nomura Holdings are making a push to sell sophisticated fixed-income products to the ultra wealthy in Europe, competing against firms such as BNP Paribas.
Switzerland’s biggest bank...
ASML profits, bookings down amid China chip spat
DUTCH tech giant ASML, which supplies chip-making machines to the semiconductor industry, on Wednesday (Apr 17) reported a drop in net profits and orders amid a high-tech trade spat...
BMW’s surprise electric-car success started with an early setback
FOR German luxury car makers, being first to fail is proving valuable when it comes to electric vehicles (EVs). After a bruising initial crack at bringing EVs to market,...
China starts inspections of financial regulators, largest banks
CHINA kicked off new anti-graft inspections of some of its largest state lenders, the central bank and key regulators, the first broad probe since a round in 2021 that...
Asia: Stocks swing after latest selloff as Fed, Middle East dampen sentiment
ASIAN markets fluctuated on Wednesday as Federal Reserve boss Jerome Powell’s indication that interest rates could stay higher for longer offset a rebound following the latest bout of Middle...
Vietnam mounts ‘unprecedented’ US$24 billion rescue for bank engulfed in giant fraud, documents show
VIETNAM has mounted an “unprecedented” rescue of Saigon Joint Stock Commercial Bank (SCB), a lender engulfed in the nation’s biggest financial fraud, according to three bank documents and new...
Gold steady as geopolitical risks counter higher Treasury yields
GOLD prices held steady on Wednesday (Apr 17) as safe-haven demand for bullion amid the Middle East conflict partially offset pressure from higher US Treasury yields.Spot gold held its...
France hopes to develop green and digital shipping corridor with Singapore: French maritime chief
FRANCE hopes to develop a green and digital shipping corridor with Singapore, as part of cooperation on maritime sustainability, digitalisation and cybersecurity, said Eric Banel, France’s director general for...
