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US SEC warns Uniswap Labs of potential enforcement action
US SEC warns Uniswap Labs of potential enforcement action
THE US Securities and Exchange Commission (SEC) has notified of potential enforcement action against Uniswap Labs, the main developer behind one of the world’s largest cryptocurrency exchanges, the company...
Bank of Korea set to hold interest rates during transition after elections
Bank of Korea set to hold interest rates during transition after elections
THE Bank of Korea (BOK) is expected to keep its policy settings unchanged on Friday (Apr 12), opting to continue its inflation fight in a steady manner as the...
Singapore shares fall at Thursday’s open tracking Wall Street sell-off; STI down 0.9%
Singapore shares fall at Thursday’s open tracking Wall Street sell-off; STI down 0.9%
SINGAPORE stocks were pulled into negative territory on Thursday (Apr 11), tracking a Wall Street retreat after US inflation data topped estimates, dashing hopes for near-term rate cuts by...
Airbus facing upfront costs to support jet output increase
Airbus facing upfront costs to support jet output increase
AIRBUS is incurring up-front costs as it prepares for higher jet production and plans a breathing space to absorb them once it reaches its output goal, its finance chief...
KKR, HSBC talk up China opportunities after lengthy sell-off
KKR, HSBC talk up China opportunities after lengthy sell-off
KKR & Co and HSBC Asset Management sounded an optimistic note on China even as global investors withdraw billions, underscoring signs of rebounding confidence in the world’s second-largest economy....
Oil settles higher after Israeli strike overshadows ceasefire talks
Oil settles higher after Israeli strike overshadows ceasefire talks
OIL prices settled up US$1 on Wednesday (Apr 10) after three sons of a Hamas leader were killed in an Israeli airstrike in the Gaza Strip, feeding worries that...
Private equity money finding sweet deals in mid-market
Private equity money finding sweet deals in mid-market
THE middle market is becoming the space to watch as private equity (PE) deal-making picks up, industry players said. Targets are plentiful and there is no shortage of exit...
McKinsey begins hundreds of job cuts with client demand muted: sources
McKinsey begins hundreds of job cuts with client demand muted: sources
MCKINSEY & Co is beginning to eliminate roughly 360 jobs as the consulting giant deals with a slowdown in demand for its services.The reductions are global and will affect...
Crypto trading concentration a ‘considerable concern’, EU watchdog says
Crypto trading concentration a ‘considerable concern’, EU watchdog says
THE high concentration in crypto trading on a handful of exchanges, with Binance alone accounting for about half the market, raises concerns about the impact of a failure on...
Toyota puts US0 million into VC funds for climate, science startups
Toyota puts US$300 million into VC funds for climate, science startups
TOYOTA Motor is putting US$300 million into its venture arm to back early startups focused on climate and so-called frontier technologies in areas like carbon capture, AI and space...