Culture
Fujian gang, Prince Group money laundering incidents unlikely to dent Singapore’s appeal as wealth hub
MAS likely to go ahead with simplifying SFO tax incentive framework in face of rising competition [SINGAPORE] Singapore has risen to become one of the top wealth hubs globally...
Yen weaker in thin trading as traders stay alert to intervention risk
[TOKYO] The Japanese yen softened against the greenback on Friday (Dec 26) as investors remained on watch for potential intervention to shore up the currency, while the US dollar...
US dollar caps worst week since June with focus on data ahead
[NEW YORK] A Bloomberg gauge of the dollar posted its worst week since June as traders looked to data due early next month to confirm expectations for further Federal...
Target faces activist investor pressure amid sales decline: FT
[NEW YORK] Activist investor Toms Capital Investment Management (TCIM) has made a significant investment in Target, the Financial Times reported on Friday (Dec 26), intensifying pressure on the struggling...
Target faces activist investor pressure amid sales decline
[NEW YORK] Activist investor Toms Capital Investment Management (TCIM) has made a significant investment in Target, the Financial Times reported on Friday (Dec 26), intensifying pressure on the struggling...
Fed data show December surge in 10-year Treasury delivery fails
[NEW YORK] Delivery fails involving 10-year Treasury notes surged to the highest level in eight years this month, a result of the Federal Reserve’s move to shrink its bond...
Fed data shows December surge in 10-year Treasury delivery fails
[NEW YORK] Delivery fails involving 10-year Treasury notes surged to the highest level in eight years this month, a result of the Federal Reserve’s move to shrink its bond...
Brutal year for stock picking spurs trillion-dollar fund exodus
[NEW YORK] The last thing a diversified fund manager wants is to run a portfolio dominated by just seven technology companies – all American, all mega-cap, clustered in the...
Oil falls 2% on looming supply glut, hopes of Ukraine peace deal
[HOUSTON] Oil prices settled more than 2 per cent lower on Friday (Dec 26) as investors weighed a looming global supply glut, while also keeping an eye on a...
US: Wall Street ends close to all-time highs in light, post-holiday session
[NEW YORK] Wall Street ended a light-volume post-Christmas session nearly unchanged on Friday (Dec 26), with few catalysts to fuel much conviction one way or the other.All three major...
