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StanChart CEO says ‘shame on’ big banks quitting net zero group
StanChart CEO says ‘shame on’ big banks quitting net zero group
[LONDON] The chief executive officer of Standard Chartered, Bill Winters, has some strong words for banks that have recently walked back their commitment to achieving net zero emissions. “Shame on...
TSMC profit surges again after AI drives big jump in sales
TSMC profit surges again after AI drives big jump in sales
The company’s performance underscores resilient demand for high-end artificial intelligence chips from the likes of Nvidia and Advanced Micro Devices, which is outpacing its production capacityPublished Thu, Jul 17,...
US: S&P 500, Nasdaq end at records, adding to big quarterly gains
US: S&P 500, Nasdaq end at records, adding to big quarterly gains
[NEW YORK] Wall Street stocks rose again on Monday amid optimism over trade negotiations and US tax cut legislation to conclude the final session of the second quarter at fresh records.The...
Singaporeans big buyers of Quayside JBCC amid Johor’s RTS boom
Singaporeans big buyers of Quayside JBCC amid Johor’s RTS boom
[KUALA LUMPUR] Singaporean buyers have taken up the lion’s share of all 482 serviced apartments at Quayside JBCC – a new mixed-use project in Johor Bahru – as cross-border...
Singaporeans big buyers of Quayside JBCC amid Johor’s RTS boom
Singaporeans take big bites of Quayside JBCC amid Johor’s RTS boom
[KUALA LUMPUR] Singaporean buyers have taken up the lion’s share of all 482 serviced apartments at Quayside JBCC – a new mixed-use project in Johor Bahru – as cross-border...
Meta spending big on AI talent but will it pay off?
Meta spending big on AI talent but will it pay off?
[NEW YORK] Mark Zuckerberg and Meta are spending billions of dollars for top talent to make up ground in the generative artificial intelligence race, sparking doubt about the wisdom...
Big banks pass Fed’s stress test, setting stage for payouts
Big banks pass Fed’s stress test, setting stage for payouts
[WASHINGTON, DC] A group of large US banks comfortably cleared the Federal Reserve’s annual stress test, setting the stage for lenders to boost buybacks and dividends for shareholders. The 22...
Wall Street’s booming June is big bet against economy doomsayers
Wall Street’s booming June is big bet against economy doomsayers
[NEW YORK] Wall Street is throwing a summer party with markets just closing out their best cross-asset advance in more than a year on receding fears of a global...
Wall Street forecasts windfall for big US banks from Fed plan to ease leverage rule
Wall Street forecasts windfall for big US banks from Fed plan to ease leverage rule
[BENGALURU] Large US global banks can expect as much as US$6 trillion in additional balance sheet capacity and billions in freed up capital under a Federal Reserve plan to...
US Federal Reserve’s Powell says tariff-driven inflation remains a big question
US Federal Reserve’s Powell says tariff-driven inflation remains a big question
[NEW YORK] US Federal Reserve chair Jerome Powell on Wednesday (Jun 25) said the US central bank is still struggling to determine the impact of tariffs on consumer prices.“The...