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Yellen urges German banks to boost compliance with US sanctions on Russia
US TREASURY Secretary Janet Yellen urged German bank executives on Tuesday (May 21) to step up efforts to comply with sanctions against Russia and shut down efforts to circumvent...
Bain Capital to boost Japan real estate team as prospects grow
BAIN Capital plans to bolster its real estate team in Japan, the latest global investment firm seeking to capitalise on opportunities in the nation’s property market.
Dow briefly sprints past 40,000-mark on earnings boost, rate-cut bets
The Dow Jones Industrial Average briefly breached the 40,000-point level for the first time on Thursday (May 16), the blue-chip index’s fastest 10,000-point climb, powered by strong quarterly results...
Flood of Chinese used cooking oil spurs call to boost US tariffs
AS PRESIDENT Joe Biden prepares a new wave of tariffs against China, a US soybean trade group is pushing for higher levies on Chinese used cooking oil that it...
China to start one trillion yuan bond sale on Friday to boost economy
CHINA will start selling the first batch of its one trillion yuan (S$187 billion) of ultra-long special sovereign bonds on Friday (May 17), as officials ramp up efforts to...
Singapore moves to boost law to hunt and prosecute money launderers
THE government is looking to amend laws to give more power to law enforcement agencies pursuing offenders involved in money laundering, said Home Affairs Minister K Shanmugam on Wednesday...
Europe: Shares close at record highs on financials boost
EUROPEAN shares closed at record high levels on Tuesday, with financials stocks in the spotlight following upbeat earnings from Switzerland’s UBS and Italy’s UniCredit, while optimism around interest rate cuts...
Japan’s Nikkei closes at 3-week high on US rate-cut outlook, tech boost
Japan’s Nikkei share average jumped more than 1 per cent on Tuesday (May 7), as investor sentiment brightened on higher bets of US interest rate cuts this year, while...
