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XRP rises as Grayscale offers trust for seventh biggest token
CRYPTO asset manager Grayscale Investments said it has begun to offer the Grayscale XRP Trust, helping to send the price of the seventh-largest digital asset up by almost 10...
India’s biggest IPO of 2024 draws staggering US$39 billion in bids
Institutional investors drove the frenzied demand for shares of Bajaj Housing Finance, with bids exceeding 200 times the shares set aside for themThe home-loan unit of India’s largest shadow...
Taishin raises offer for Shin Kong in what could be Taiwan’s biggest financial deal
TAIWAN financial conglomerate Taishin said it would raise its offer for peer Shin Kong by 25 per cent to about NT$222.4 billion (S$9 billion), in a deal that would...
Biggest US banks’ capital hike chopped in half in latest plan by regulators
THE biggest US banks would face a 9 per cent increase in capital requirements – a dramatic retreat from the original plan – after regulators agreed to sweeping changes...
Nvidia’s Jensen Huang loses US$10 billion in his biggest wealth wipeout
NVIDIA chief executive officer Jensen Huang’s wealth tumbled the most ever after a rout in chip stocks and a report that the US Justice Department (DOJ) sent the tech...
Canadian dollar notches its biggest monthly advance this year
THE Canadian dollar held on to much of its monthly gain against its US counterpart on Friday (Aug 30) as investors bet the global economy would avoid recession and...
Canada’s biggest bank RBC beats profit on smaller bad loan provisions
ROYAL Bank of Canada (RBC) on Wednesday (Aug 28) surpassed analysts’ estimates for quarterly profit as it set aside a smaller than expected sum to protect itself against losses...