Real Estate
Former OCBC CEO Samuel Tsien appointed as new Jardine C&C independent chairman
[SINGAPORE] Jardine Cycle & Carriage has appointed former OCBC group chief executive officer Samuel Tsien as its new independent chairman, effective Nov 11.The 71-year-old, who is currently a lead...
Goldman Sachs plans more job cuts to boost savings, leverage AI push
[NEW YORK] Goldman Sachs Group told staffers to expect an additional round of job cuts this year as the bank seeks further savings across its businesses and takes advantage...
Wall St opens lower on US-China tensions; bank results pour in
[NEW YORK] Wall Street’s main indexes opened lower on Tuesday (Oct 14) with renewed trade tensions between US and China souring sentiment, while investors also parsed results from big...
Instant IP Strategies for Inventors to Prevent Intellectual Property Risk
To create a new invention is a significant accomplishment, but such achievements are often swept aside by a lack of intellectual property (IP) protections. Inventors tend to rush the...
Morgan Stanley seeks to redeem cash from Jefferies’ Point Bonita fund, source says
[NEW YORK] Morgan Stanley’s asset management unit asked investment bank Jefferies to return some money it invested in the latter bank’s Point Bonita Capital fund, according to a person...
US: S&P 500 ends down 2.7% after Trump warns of big China tariffs
[NEW YORK] Wall Street stocks tumbled Friday (Oct 10) after US President Donald Trump threatened “massive” tariffs on China, reviving trade war worries after months of improving relations between...
Tesla’s China shipments rise at start of busy sales season
The carmaker shipped 90,812 units from the plant last month, up 2.8% from a year earlierSHIPMENTS from Tesla’s Shanghai factory increased in September as China’s car market kicks off...
Digital euro could drain up to 700 billion euros of deposits in bank run, ECB says
The ECB has presented the digital currency as an alternative to US-dominated means of payment[FRANKFURT] A digital euro could drain up to 700 billion euros (S$1.1 billion) in deposits...
