Fashion
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[NEW YORK] Singapore’s sovereign wealth fund asked to pull some cash from a Jefferies Financial...
Spotify video podcasts are coming to Netflix
Spotify video podcasts are coming to Netflix, further diversifying the types of content on the Los Gatos, Calif.-based streaming service beyond movies, TV shows and games.The move reflects how...
Goldman Sachs profit jumps as bankers cash in on big deals
[NEW YORK] Goldman Sachs’ quarterly profit jumped more than 37 per cent on Tuesday (Oct 14) as its investment bankers earned higher advisory fees and rallying markets boosted revenue...
ASL Marine soars up to 9.3% on share placement; Yangzijiang Shipbuilding falls as much as 3.7% on port fees
The shipbuilders are subject to contrasting investor views on their fortunes.[SINGAPORE] Shares of ASL Marine surged as much as 9.3 per cent on Tuesday (Oct 14), while those of...
Oil settles higher as US, China try to de-escalate trade tensions
The Organization of the Petroleum Exporting Countries has kept its relatively high global oil demand growth forecasts unchanged for this year and next[NEW YORK] Oil prices rose on Monday...
Goldman Sachs loses senior bankers after leadership reshuffles, dealmaking pause
Despite the departures, Goldman still tops Wall Street’s league tables for mergers and acquisitions [NEW YORK] Goldman Sachs has lost more than a dozen senior investment bankers this year,...
Hong Kong’s bourse operator expands commodities business with Dubai unit
HONG Kong Exchanges & Clearing (HKEX) launched a new unit in Dubai to advance its commodities business, the exchange operator said on Monday (Oct 13).Commodity Pricing and Analysis Limited...
Bank Indonesia’s heavy bond buying to continue, analysts say
Although the central bank has cut rates by 1.25 percentage points this year, lending rates at commercial banks have so far declined at a much slower pace[JAKARTA] Indonesia’s central...
Warner Bros said to rebuff Paramount takeover approach
[CALIFORNIA] Warner Bros Discovery has rebuffed Paramount Skydance’s initial takeover approach for being too low, according to people familiar with the matter.Warner Bros rejected Paramount’s offer of around US$20...
EU scales up pressure against national barriers in finance
THE European Union’s (EU’s) executive arm warned of new infringement cases coming against member states that are blocking banking mergers as the bloc rushes to reduce national barriers so...
