Lifestyle
Morgan Stanley’s ETFs break US$1 billion with fund conversions
MORGAN Stanley’s exchange-traded lineup now holds more than US$1 billion thanks to the firm’s first-ever mutual-fund conversions. The issuer is flipping two fixed-income mutual funds – one that follows...
Sabana Reit trustee’s first meeting with internalisation committee fails
HSBC Institutional Trust Services’ first meeting with the internalisation committee of Sabana Industrial Real Estate Investment Trust (Sabana Reit) did not take place as intended on Mar 25, as...
Sabana Reit trustee’s first meeting with internalisation committee fails; unitholders requisition EGM
HSBC Institutional Trust Services’ first meeting with the internalisation committee of Sabana Industrial Real Estate Investment Trust (Sabana Reit) did not take place as intended on Mar 25, as...
Singapore stocks open Tuesday largely flat after inflation surprise, STI up 0.04%
SINGAPORE stocks opened muted on Tuesday (Mar 26) morning after data for Singapore’s headline and core inflation in February came in hotter than anticipated. Figures released on Monday showed...
Dell reduces workforce as part of broader cost cuts
DELL Technologies reduced its workforce as part of a broader initiative to cut costs that included limiting external hiring and employee reorganisations, it said in a filing on Monday...
Swift planning launch of new central bank digital currency platform in 12-24 months
GLOBAL bank messaging network Swift is planning a new platform in the next one to two years to connect the wave of central bank digital currencies (CBDC) now in...
Europe: Stocks eke out gains at start of holiday-shortened week
EUROPEAN stocks inched up to close at record high levels on Monday (Mar 25) at the start of a holiday-shortened week as investors digested recent big gains spurred by...
Wall Street bears say stock rally will end if profits underwhelm
A RALLY that has pushed US stocks to a new record this year will stall if company earnings disappoint, said two of Wall Street’s most bearish strategists. Morgan Stanley...
