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Asia: Markets build on rally as US jobs data boost rate cut hopes
MOST Asian markets rose on Monday after data showing fewer US jobs were created last month rekindled optimism interest rates will be cut this year, while mainland Chinese equities...
UK’s FTSE 100 hits record highs on Anglo-American boost
Britain’s FTSE 100 hit a record high on Friday (May 3), boosted by Anglo-American after Reuters reported Glencore is exploring an approach for the miner, while Diageo advanced after...
Standard Chartered profit beats forecasts as income boost outweighs credit losses
STANDARD Chartered beat forecasts on Thursday (May 2) with a 5.5 per cent rise in its first-quarter pretax profit, as the income boost from higher interest rates and a...
US lawmakers strike deal to boost aviation safety, will not hike pilot retirement age
US HOUSE and Senate negotiators said on early Monday they have reached a deal to boost air traffic controller staffing and boost funding to avert runway close call incidents,...
UBS weighs synthetic risk transfer amid capital boost proposals
UBS Group is considering bringing a synthetic credit risk transfer to the market, according to people with knowledge of the matter, amid Swiss reform proposals that could see the...
Europe: Stoxx 600 falls on banks drag; tech contains losses on ASMI boost
EUROPE’S benchmark stock index dropped on Wednesday (Apr 24) as financials sagged on disappointing earnings from Swedish lender Handelsbanken, while technology stocks limited losses after ASM International’s strong forecast.The...
Top-tier maritime players to boost sales, margins on oil rebound and tight vessel supply
THE rising tide of strong demand for vessels in the oil and gas sector, amid tepid supply, has lifted Singapore-listed maritime players.According to Maybank analyst Jarick Seet, the tight...
US: Wall St opens higher on tech boost, upbeat earnings
WALL Street’s main indexes opened higher on Wednesday (Apr 23), with Tesla leading gains among megacap stocks after its quarterly results, while upbeat earnings reports across other sectors also...