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US stocks jump on Fed rate cut bets but lose ground on the week
[NEW YORK] Wall Street stocks closed sharply higher on Friday (Nov 21) as rising expectations of a December interest rate cut by the Federal Reserve offset concerns over lofty...
US: Wall St opens higher as December rate cut bets strengthen
[NEW YORK] Wall Street’s main indexes opened higher on Friday (Nov 21) as traders raised bets on an interest rate cut by the Federal Reserve in December following commentary...
Infinity Development aims to raise net proceeds of S$11.1 million in Catalist IPO
The adhesive manufacturer will use the bulk of the net proceeds, or S$6.2 million, towards expanding in overseas markets[SINGAPORE] Hong Kong-based adhesive manufacturer Infinity Development is looking to raise...
IMDA to co-fund deployment of robots by 500 firms over next 3 years
The authority’s support will focus on improving integration and interoperability[SINGAPORE] Five hundred local enterprises will receive support from the Infocomm Media Development Authority (IMDA) in their deployment of autonomous...
Ex-Lloyd’s CEO lost US$17 million AIG job after office romance
[WASHINGTON] American International Group’s announcement last week that it was parting ways with incoming President John Neal stunned insurance industry observers and raised questions about what caused the veteran...
HSBC’s Swiss private bank boosts some bankers pay to stem exits
The Swiss arm has been increasing compensation of staff, including relationship managers[LONDON] HSBC Holdings’ Swiss private bank is boosting the pay of some of its staff as it looks...
Creative Technology interim CEO and executive chairman Tan Jok Tin to step down in Jan 2026
Tan has been in the interim role since July, when Freddy Sim stepped down as chief for health reasons[SINGAPORE] Creative Technology on Friday (Nov 21) announced that its interim...
Jardine Matheson’s Q3 performance ‘in line with expectations’
[SINGAPORE] Hong Kong-based conglomerate Jardine Matheson said in a bourse filing on Friday (Nov 21) that its performance for the third quarter of 2025 was “in line with expectations...
Deutsche Bank’s DWS cuts Asia private credit team: sources
Despite the retreat from Asia private credit, DWS sees alternatives driving growth and plans hires in Singapore[SINGAPORE] DWS Group, an asset management arm of Deutsche Bank, has dismissed its...
Deutsche Bank’s DWS cuts Asia private credit team in shift: sources
Despite Asia credit pullback, DWS sees alternatives driving growth and plans hires in Singapore[SINGAPORE] DWS Group, an asset management arm of Deutsche Bank, has dismissed its Asia-Pacific private credit...
