Featured Archives • Page 27 of 1003 • Financial News

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JPMorgan in talks with Apple over Goldman credit card partnership: source

JPMORGAN Chase is in talks with Apple about replacing Goldman Sachs as the tech giant’s credit-card partner, a source familiar with the matter said on Tuesday (Sep 17).

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China’s central bank delays one-year loan operation again

CHINA’S central bank announced it will inject one-year liquidity to domestic lenders on Sep 25, marking another delay amid a broad overhaul of its policy toolkit.

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Goldman Sachs taps Rob Drake-Brockman as CEO for Singapore business

GOLDMAN Sachs appointed Rob Drake-Brockman as chief executive officer of its Singapore office, as the city-state rises in importance for the Wall Street firm.

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Goldman Sachs taps Rob Drake-Brockman to be Singapore CEO

GOLDMAN Sachs appointed Rob Drake-Brockman as chief executive officer of its Singapore office, as the city-state rises in importance for the Wall Street firm.

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Microsoft, BlackRock to launch US$30 billion fund for AI infrastructure

BLACKROCK and Microsoft plan to launch a more than US$30 billion fund to invest in artificial intelligence (AI) infrastructure to build data centres and energy projects, the companies said on Tuesday (Sep 17).

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US Fed begins two-day meeting set to end with rate cut

THE US Federal Reserve began a two-day interest rate discussion on Tuesday (Sep 17) that is all-but-certain to end with its first cut since March 2020, as inflation continues to ease.

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Rate-cut fever boosts investor sentiment in September, BofA survey shows

GLOBAL investor sentiment improved in September for the first time since June on optimism over a soft landing and interest rate cuts by the US Federal Reserve, a BofA survey of fund mangers published on Tuesday (Sep 17) showed.

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Banking’s new era of capital puts watchdogs on the spot

THE 16th anniversary of the collapse of Lehman Brothers has been marked by regulators signalling that the era of toughening up capital rules is over. The strength of banks and standards of safety have been significantly bolstered since 2008.

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Central bank digital currency momentum growing, study shows

A TOTAL of 134 countries representing 98 per cent of the global economy are now exploring digital versions of their currencies, with almost half at an advanced stage and pioneers such as China, the Bahamas and Nigeria starting to see a pick up in usage.

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Trump unveils crypto project, says US should dominate sector

DONALD Trump headlined an event billed as the unveiling of a crypto platform promoted by the Republican nominee and his sons, putting the spotlight on a niche sector of digital assets with a history of controversy.

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