Banks
Australia banks shower investors with A$5 billion in buybacks
AUSTRALIA’S biggest banks plan to return more than A$5 billion (S$4.5 billion) to shareholders just as fierce rivalry in the mortgage market shows few signs of easing.A “savage” war...
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,...
Asian central banks, consumers flock to gold amid currency weakness, macro uncertainty
GOLD prices have hit new highs in recent months, but several countries are still on a gold-buying spree as demand for the precious yellow metal has soared despite higher...
Central banks need digital currencies to stay relevant
Central banks should consider using digital currencies for both wholesale and retail, according to European Central Bank (ECB) governing council member Francois Villeroy de Galhau.“The way we make central...
Adani in talks with banks to borrow US$600 million for gas unit
Billionaire Gautam Adani’s conglomerate is seeking an offshore loan of about US$600 million to refinance existing debt, according to people familiar with the matter.The loan will be raised by...
Abu Dhabi hub carrier Etihad adds banks to US$1 billion IPO
ABU Dhabi hub carrier Etihad Airways has added banks to its planned initial public offering (IPO) that could raise as much as US$1 billion, according to sources familiar with...
Europe: Shares end higher on tech support; banks slide
EUROPEAN shares notched its biggest one-day gain since a week ago on Friday (Apr 4), driven by gains in the technology sector, while banks dropped to over a week’s...
US Fed ‘less hawkish’ than expected; Singapore banks, net cash companies likely to outperform
GLOBAL financial markets may be heaving a sigh of relief for now as analysts believe that the US Federal Reserve has shown some restraint and appeared to be less...
