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Automotive
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Binance appoints Yi He as co-CEO
Foxconn subsidiary plans to expand production in Vietnam, document shows
India’s January-October iron ore imports at six-year high, JSW Steel top…
Major Chinese banks cut high-yield deposit products to ease margin pressure
Eurozones
European Markets Close Lower as Oil Slides Again
Bank Closures Taking their Toll on Businesses Across Greece
Brexit would Trigger ‘Economic and Financial Shock’ to UK
Eurozone Inflation Drops below Zero as Prices Fall by 0.1%
European Banks Sitting on �1tn “Mountain” of Bad Debt
Investments
Binance appoints Yi He as co-CEO
Foxconn subsidiary plans to expand production in Vietnam, document shows
India’s January-October iron ore imports at six-year high, JSW Steel top…
Major Chinese banks cut high-yield deposit products to ease margin pressure
Indian data center operator Sify Infinit Spaces bets on AI boom…
Markets
Binance appoints Yi He as co-CEO
Foxconn subsidiary plans to expand production in Vietnam, document shows
India’s January-October iron ore imports at six-year high, JSW Steel top…
Major Chinese banks cut high-yield deposit products to ease margin pressure
Indian data center operator Sify Infinit Spaces bets on AI boom…
Real Estate
Binance appoints Yi He as co-CEO
Foxconn subsidiary plans to expand production in Vietnam, document shows
India’s January-October iron ore imports at six-year high, JSW Steel top…
Indian data center operator Sify Infinit Spaces bets on AI boom…
India cyber safety app mandate “breach of privacy”, main opposition party…
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Major Chinese banks cut high-yield deposit products to ease margin pressure
GXS cuts about 10% of workforce in rightsizing exercise
Grab-Singtel’s GXS bank cuts about 10% of workforce as it moves on from early-stage operations
Nomura CEO sees big growth phase in wealth and asset management
Saudi National Bank’s US$1 billion loan adds to Middle East spree
Featured
Trust Bank to launch US equities trading function within its mobile app
Customers will be invited to open a trading account in the coming weeks
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Singapore’s GIC seeks redemption from Jefferies’ Point Bonita
Other investors seeking redemptions include BlackRock, Morgan Stanley’s asset-management arm and Texas Treasury Safekeeping Trust
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US Fed’s Collins says it’s prudent to ease a bit more in 2025
The Fed’s next policy gathering will take place on Oct 28 to 29 in Washington
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Goldman Sachs plans more job cuts to boost savings, leverage AI push
Goldman Sachs Group told staffers to expect an additional round of job cuts this year as the bank seeks further...
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IMF warns of dim outlook for world economy hit by rolling shocks
The global economy is expected to grow by 3.2% this year, up from 3% predicted in July
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JPMorgan lifts interest income forecast after profit beats estimates
The lender leads its rivals in investment banking fees this year, reflecting its continued dominance in dealmaking
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Swiss court says 16.5 billion Swiss francs bond write-off in Credit Suisse rescue was unlawful
A Swiss court on Tuesday (Oct 14) said the Swiss financial market regulator’s 2023 decision to write off 16.5 billion Swiss...
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Citi revenue beats in every division as compensation costs climb
Total revenue jumped 9 %
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Goldman beats profit estimates as dealmaking revives, plans job cuts amid AI push
The bank’s advisory fees surge 60%, boosting investment banking revenue
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Goldman’s profit beats estimates as dealmaking rebound boosts investment banking
The bank’s advisory fees surge 60%, boosting investment banking revenue
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