SOFTBANK Group shares traded above the company’s lifetime closing high for the first time in three years, buoyed by a global surge in artificial intelligence (AI) and chip investment.
AFTER setting fresh records the day before, Singapore’s banks maintained their rising trajectory with DBS and OCBC soaring to unprecedented highs on Wednesday (Jul 3) morning.
PAXOS Trust named Jeannie Lim, who was most recently head of messaging payments at Meta Platforms in Singapore, as the stablecoin issuer’s executive director at Paxos Singapore.
LENDERS to risky, debt-laden companies are increasingly demanding protection from financing manoeuvres used to undercut creditors when times get tough.
ASSET managers are optimistic that the US Securities and Exchange Commission (SEC) will greenlight the first US exchange-traded funds (ETFs) that invest directly in Ether as soon as mid-July, saying the back and forth with the regulator remains constructive.
HSBC Holdings is slowing down hiring and asking investment bankers to rein in their travel and entertainment expenses as outgoing chief executive officer Noel Quinn looks to curb costs at Europe’s largest lender.
HYUNDAI Motor could raise as much as US$3.5 billion from the eagerly anticipated initial public offering of its Indian unit, people familiar with the matter said, easily making it the biggest to ever take place in the country.
THE three local banks were trading at elevated levels over the first half of Tuesday’s (Jul 2) trading session, following an initially mixed showing at the opening bell.
