News
In return to Singapore, Barclays Private Bank sets sights on ultra rich and family offices
[SINGAPORE] Barclays’ private bank, which made a return to Singapore in 2021, is building up the business with renewed vigour.In that push, the group has been stepping up its...
Asia: Markets rally after positive China-US trade talks
[HONG KONG] Asian stocks rallied on Monday (May 12) after top Chinese and US officials held “substantial” trade talks at the weekend, fuelling hopes the two sides will dial...
OpenAI negotiates with Microsoft for new funding and future IPO, FT reports
Published Mon, May 12, 2025 · 07:44 AM[Bengaluru] OpenAI and Microsoft are rewriting terms of their multibillion-dollar partnership in a negotiation designed to allow the ChatGPT maker to launch...
Trump’s trade deals may support the S&P 500, offering nervous investors an opportunity to sell
[SINGAPORE] More than a month after US President Donald Trump’s “Liberation Day”, he is giving the world a glimpse at what it will take to get him to relent...
Greenback set for weekly gain amid US trade deal optimism
THE US dollar was on track for a weekly gain against major currencies, including the Swiss franc, yen and euro on Friday (May 9), after a US-UK trade deal...
Manulife US Reit divesting Atlanta property for US$133.8 million to repay loans due 2026
[SINGAPORE] The manager of Manulife US real estate investment trust (Reit) announced on Sunday (May 11) that it has agreed to sell Peachtree, a 28-storey Class A office building...
Alphabet shares take US$138 billion blow as search warnings blare
FOR more than a year, Alphabet shareholders have fretted over long-term risks posed by artificial intelligence (AI) to the company’s money-printing search business. Last week the threat became much...
Director filings across financials, real estate and Singapore’s largest private dental group
OVER the five trading sessions from May 2 to May 8 institutions were net buyers of Singapore stocks, with net institutional inflow of SS$123 million, adding to the S$56...
Federal Reserve’s Cook warns tariffs could lower productivity, feed inflation
Published Sat, May 10, 2025 · 08:28 AM[PALO ALTO, California] President Donald Trump’s unfolding trade policy may curb US productivity and possibly require higher interest rates to contain inflation...
Ex-Fed’s Warsh highlights a path to lower rates, takes a fresh dig at the Fed
[PALO ALTO, California] Kevin Warsh, an apparent frontrunner to be US President Donald Trump’s pick to be the next chair of the Federal Reserve, on Friday suggested a possible pathway...
