Real Estate
Australia’s central bank sees no need to hike rates but wary of price risks
AUSTRALIA’S central bank chief said on Tuesday (May 7) interest rates were at the right level after holding steady for a sixth month, but cautioned that inflation risks were...
Nomura targets 20% revenue growth from global markets business
NOMURA Holdings is targeting 20 per cent revenue gains for its global markets unit over the next few years as the Japanese brokerage moves past the Archegos Capital Management...
Segantii allegations roil a go-to block trader for global banks
TO THE outside world, Simon Sadler was the “block-trade king” in Asia, running a hedge fund that produced stellar returns for many years. Inside his firm’s Hong Kong headquarters,...
ANZ announces A$2 billion buyback despite lower cash earnings
ANZ Group announced a new A$2 billion (S$1.8 billion) share buyback on Tuesday despite reporting a 7 per cent slump in first-half cash earnings due to intense competition in...
Grayscale Bitcoin Trust sees first inflows since US ETFs were approved
THE world’s largest cryptocurrency investment vehicle saw a net inflow of investor money for the first time since US exchange-traded funds (ETFs) holding the digital asset were allowed in...
Oil steadies as ceasefire eludes Hamas, Israel
OIL futures ended largely unchanged on Monday as a ceasefire agreement between Hamas and Israel continued to elude negotiators.Both crude oil benchmarks settled 37 cents, or 0.5 per cent,...
Europe: Shares close at highest in a week; Indra surges
EUROPEAN shares closed at their highest levels in one week on Monday, with investor optimism over interest rate cuts from major central banks back to the fore, while Spanish defence...
Citi shifts working hours, enhances platform ahead of settlement cycle change
AS WALL Street braces for the new era of faster settlement times across securities, Citigroup’s global custody business is leaving nothing to chance after taking measures to avoid failed...
