Lifestyle
Barclays, Citi are among banks testing tokenised deposits in UK
INDUSTRY body UK Finance is expanding its pilot of an experimental shared ledger to track banking payments, hoping to join some of the dots in the nascent world of...
China approves BNP Paribas plan for fully-owned securities brokerage unit
BNP Paribas has received approval from the Chinese securities watchdog to set up a wholly-owned securities brokerage arm in China, the latest foreign financial firm making inroads into the...
JPMorgan, Wells Fargo tap US high-grade bond market
JPMORGAN and Wells Fargo are tapping the US high-grade bond market, the first in a likely parade of bond sales from Wall Street’s six biggest banks following their release...
Lufthansa slashes 2024 earnings forecast after costly strikes
LUFTHANSA slashed its full-year earnings outlook for 2024 on Monday (Apr 15), blaming a series of strikes and a slower than planned ramp up of capacity, in a profit...
US: Wall St opens higher after Friday’s sell-off amid Mideast jitters
WALL Street’s main indexes opened higher on Monday (Apr 15) after a bruising sell-off in the previous session on the back of disappointing earnings from some big US banks,...
SIA carried 20.7% more passengers in March, cargo loads at highest monthly level for FY23/24
NATIONAL carrier Singapore Airlines (SIA) : C6L 0% and its low-cost carrier arm Scoot carried a combined 3.3 million passengers in March, up 20.7 per cent from year-ago figures.The...
Sabana Reit’s occupancy falls to 83%; more staff resign from manager amid internalisation uncertainties
SABANA Industrial Real Estate Investment Trust (Sabana Reit) has reported a decline in portfolio occupancy in the first quarter of 2024, due to the repossession of properties at Penjuru...
War worries weigh on Asian markets; STI down 1%
THE Straits Times Index (STI) ended Monday (Apr 15) at 3,183.61, down 33.3 points or 1 per cent, in line with many other regional markets.Japan’s Nikkei 225 and Hong...
