JPMorgan posts surprise drop in fixed-income trading revenue

JPMorgan posts surprise drop in fixed-income trading revenue

It says it expects to earn about US$106.2 billion in net interest income this year Published Tue, Oct 13, 2026 · 09:06 PM JPMORGAN Chase reported a surprise drop in fixed-income trading revenue in the third quarter, the first such decline in more than two years. The fixed-income haul fell 4 per cent from the…

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Cracks grow across the AI trade as memory-chip stocks tumble

Cracks grow across the AI trade as memory-chip stocks tumble

Published Tue, Oct 13, 2026 · 08:11 PM THE global artificial intelligence trade is coming under increasing pressure, with a deepening sell-off in chip stocks instilling fresh doubts about the sustainability of one of the most powerful investment themes of recent years.  Shares tied to the AI boom have been hit as concerns over intensifying…

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Blackstone-backed AirTrunk delays Singapore Reit IPO amid AI stock sell-off, sources say

Blackstone-backed AirTrunk delays Singapore Reit IPO amid AI stock sell-off, sources say

Published Tue, Oct 13, 2026 · 07:31 PM [HONG KONG] Blackstone-backed data-centre operator AirTrunk has postponed a planned Singapore real estate investment trust (Reit) initial public offering that could raise about US$1.5 billion, two people with direct knowledge of the matter said, as a tech and AI stock selloff rattles markets. AirTrunk was originally planning to launch the IPO in…

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UBS, Barclays, UOB among private banks growing Singapore talent pool as wealth sector booms

UBS, Barclays, UOB among private banks growing Singapore talent pool as wealth sector booms

Lenders are hiring more relationship managers as well as stepping up internal development [SINGAPORE] Private banks in Singapore are busy hiring relationship managers to meet demand as the Republic’s wealth management sector grows, even as they continue investing in developing existing talent. Swiss private banking giant UBS plans to increase its client adviser base by…

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Private banks intensify efforts to build Singapore talent bench as wealth sector booms

UBS, Barclays, UOB among private banks growing Singapore talent pool as wealth sector booms

Lenders are hiring more relationship managers as well as stepping up internal development [SINGAPORE] Private banks in Singapore are busy hiring relationship managers to meet demand as the Republic’s wealth management sector grows, even as they continue investing in developing existing talent. Swiss private banking giant UBS plans to increase its client adviser base by…

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Lithium battery recycling startup Neu Battery Materials raises US$7.6 million in latest funding round

Lithium battery recycling startup Neu Battery Materials raises US.6 million in latest funding round

Close of this fundraising round coincides with the launch of its newly commissioned recycling facility [SINGAPORE] Lithium-ion battery recycling startup Neu Battery Materials has raised US$7.6 million in its latest funding round. The round, which was oversubscribed, was led by Shift4Good – a venture capital platform focused on decarbonising the transport sector – and SGInnovate,…

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