Real Estate
Charles Schwab to roll out alternatives platform for qualified investors
CHARLES Schwab is planning to roll out an alternative investments platform in phases for individual investors this year. The platform will offer investors access to private equity, venture capital,...
US: Wall Street subdued at open ahead of Nvidia results, Fed minutes
WALL Street’s main stock indices opened muted on Wednesday (May 22) as investors kept to the sidelines ahead of AI chip leader Nvidia’s quarterly results and the Federal Reserve’s...
US dollar firm as traders awaits Fed clues; sterling steadies
THE greenback rose on Wednesday (May 22) as investors awaited Federal Reserve meeting minutes for insight into the central bank’s interest rate path, while the pound steadied after climbing...
LVMH deepens partnership with Alibaba to boost tech presence in China
FRENCH luxury group LVMH will deepen its partnership with Alibaba to leverage the firm’s cloud and artificial intelligence capacities and boost its presence in China, the companies said on...
Bank Indonesia keeps rate steady after surprise hike in April
[JAKARTA] The recent stability of the rupiah has provided Indonesia’s central bank with the leeway to maintain its benchmark interest rate on Wednesday (May 22), following an unexpected hike...
Japan’s 10-year yield hits more than decade high of 1% as BOJ bets build
JAPAN’S 10-year government bond yield rose to an 11-year high of 1 per cent on Wednesday (May 22) amid mounting bets for further Bank of Japan (BOJ) policy tightening...
China’s ultra-long special bonds surge on exchange debut, triggering suspensions
THE first batch of China’s one-trillion-yuan (S$186 billion) ultra-long special treasury bonds, which debuted on Wednesday (May 22), surged more than 20 per cent on the Shanghai and Shenzhen...
Amazon says it has not halted any Nvidia chip orders
May 21 (Reuters) - Amazon.com’s cloud services unit said on Tuesday (May 21) that it has not halted any orders of Nvidia’s most advanced chip on the market, but...
