Lifestyle
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...
Stocks to watch: CDL, Keppel Pacific Oak US Reit
THE following companies saw new developments that may affect trading of their securities on Wednesday (Apr 17):
United reports loss on US$200 million hit from Boeing grounding
UNITED Airlines reported a first-quarter loss on Tuesday due to the temporary grounding of some Boeing jets, as it announced plans to lease Airbus planes in light of delayed...
US: Stocks flat as Powell warns of longer inflation fight
WALL Street stocks ended little changed on Tuesday as markets digested mixed economic data and Federal Reserve commentary suggesting interest rates would remain high for longer.Fed Chair Jerome Powell said reining...
