News
Anthony Law, PropNex Realty salesperson refute allegations in lawsuit involving 99-1 deal
This is in response to a case filed by a couple over the purchase of a unit at The Gazania[SINGAPORE] Anthony Law Corp, which has been sued by a...
Asian exchanges play key role in providing global investors with diversification: SGX chief
Loh Boon Chye expects product innovation for derivatives to move towards multi-jurisdictional operations[SINGAPORE] The chief executive officer of the Singapore Exchange (SGX) on Wednesday (Dec 3) cited the dual-listing...
Airbus cuts 2025 delivery target after issues with top-selling jet
[PARIS] Airbus cut its 2025 delivery target to around 790 commercial aircraft on Wednesday (Dec 3), 30 fewer than previously expected, but maintained financial goals following a quality issue...
Singapore’s benchmark STI rises for the sixth day, up 0.4%
Across the broader market, decliners beat gainers 297 to 275, after 1.3 billion securities valued at more than S$1.4 billion are transacted[SINGAPORE] Singapore shares rose on Wednesday (Dec 3),...
How banks handle interest rate swings may soon be clearer to investors
Newly proposed rules by International Accounting Standards Board centre on new Risk Mitigation Accounting model[SINGAPORE] The International Accounting Standards Board (IASB) on Wednesday (Dec 3) proposed new rules to...
HSBC names Brendan Nelson chairman in surprise move
The bank says Nelson’s appointment follows a robust process assessing internal and external candidates[LONDON] HSBC Holdings’ interim chairman Brendan Nelson will move into that role on a permanent basis,...
Philippines’ slow growth raises chance of December rate cut, says central bank chief
Data last month showed annual growth slowed to a four-year low of 4.0% in the third quarter[MANILA] A slower growth outlook for the Philippines raises the chances of another...
GXS cuts about 10% of workforce in rightsizing exercise
[SINGAPORE] Digital bank GXS is cutting 82 jobs or about 10 per cent of its workforce across the group.This exercise is part of the group’s transition from the early...
Netflix, Warner Bros Discovery combo seen lowering costs for consumers: sources
Alphabet’s YouTube remains the country’s largest streaming platform by viewership[NEW YORK] Netflix’s proposed acquisition of Warner Bros Discovery’s studios and streaming unit is expected to reduce streaming costs for...
MAS EQDP: Manulife Investment Management launches Singapore all-cap fund strategy
It will launch a Singapore All-Cap Equity strategy that is research-driven and ‘benchmark-unconstrained’[SINGAPORE] Manulife Investment Management said it will launch a fund strategy with an emphasis on Singapore small...
