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JPMorgan says CEO transition a top board priority over medium term
JPMorgan says CEO transition a top board priority over medium term
JPMORGAN said on Monday (Apr 8) that an orderly CEO transition is the top priority for its board in the medium term. The board is “spending significant time on developing...
China’s central bank adds more gold to its reserves in March
China’s central bank adds more gold to its reserves in March
CHINA’S central bank added 160,000 troy ounces of gold to its reserves in March, it said, in line with the market view that persistent official sector demand had supported...
TSMC wins US.6 billion US subsidy for Arizona chip production
TSMC wins US$6.6 billion US subsidy for Arizona chip production
THE US Commerce Department said on Monday (Apr 8) it would award Taiwan Semiconductor Manufacturing Co’s (TSMC) US unit a US$6.6 billion subsidy for advanced semiconductor production in Phoenix,...
TSMC wins US.6 billion US subsidy for Arizona chip production
TSMC wins US$6.6 billion US subsidy for Arizona chip production
THE US Commerce Department said on Monday (Apr 8) it would award Taiwan Semiconductor Manufacturing Co’s (TSMC) US unit a US$6.6 billion subsidy for advanced semiconductor production in Phoenix,...
Alibaba slashes cloud prices globally as AI demand quickens
Alibaba slashes cloud prices globally as AI demand quickens
ALIBABA Group Holding is cutting prices for cloud customers outside of China by as much as 59 per cent, mirroring deep discounts at home as the once high-flying division...
TSMC drives Taiwanese equities to outperform tech rival South Korea
TSMC drives Taiwanese equities to outperform tech rival South Korea
TAIWAN’S stock market has trounced that of tech rival South Korea as the two markets compete for artificial intelligence (AI) investment from some of the world’s biggest money managers....
Kirin to push deeper into healthcare after shoring up Asia
Kirin to push deeper into healthcare after shoring up Asia
KIRIN Holdings’ new president will accelerate efforts to boost the brewer’s healthcare business by shoring up its recent acquisitions and seeking new ones in North America to reach a...
ECB tipped to pause one last time before June rate cut
ECB tipped to pause one last time before June rate cut
BUOYED by falling inflation, the European Central Bank (ECB) is expected to keep borrowing costs on hold one last time on Thursday (Apr 11) while laying the ground for...
Asia: Markets mixed as traders weigh rates outlook
Asia: Markets mixed as traders weigh rates outlook
ASIAN markets fluctuated on Monday (Apr 8) as traders weighed the chances of the Federal Reserve cutting interest rates this year after a forecast-busting United States jobs report dented...
HSBC helps funds navigate India’s bond market as inclusion nears
HSBC helps funds navigate India’s bond market as inclusion nears
HSBC Holdings is engaging with over 200 overseas funds to help establish their presence in India ahead of the nation’s entry into global debt indexes.The bank is among custodians...