Fashion
Threat to US Fed independence, geopolitical tensions cloud Wall Street outlook
Investors rush into Asia markets, precious metals as the ‘sell US’ trade takes hold[SINGAPORE] Investors could continue to rush out of US markets and seek safety in precious metals,...
Major US banks gear up for bond sales as Trump turns up pressure
The biggest US banks usually borrow in the investment-grade bond market soon after posting earnings[NEW YORK] Wall Street is about to embark on its regular borrowing binge, as it...
Meta unveils ‘Meta Compute’ initiative to build AI infrastructure
Big Tech companies are looking to secure long-term electricity supplies as AI and data centres increase US power demand[BENGALURU] Meta has announced its “Meta Compute” initiative to build artificial...
Airbus keeps No.1 planemaker spot but raises new concern on engine supplies
[PARIS] Airbus deliveries rose 4 per cent last year to reach 793 aircraft, the European planemaker said on Monday, leaving it on course to remain the world’s largest planemaker despite recent...
Fitch Ratings says Fed independence is key factor for US sovereign rating
[NEW YORK] Fitch Ratings said on Monday it views the Federal Reserve’s independence as a key supporting factor for its AA+ US sovereign rating.The credit rating agency will continue...
Trump administration probe of Fed’s Powell sparks pushback
Former Fed chairs join former government economic policy leaders from both political parties in raising alarm[WASHINGTON] The Trump administration’s decision to open a criminal investigation into US Federal Reserve...
Goldman, JPMorgan and UBS lead Golden Goose’s buyout debt
Temasek Holdings will take a minority stake in the Italian high-end sneaker producer[LONDON] Goldman Sachs, Group JPMorgan Chase and UBS Group are leading a debt financing deal backing a...
How Trump’s proposed cap on credit card rates could reshape consumer lending
It could wipe out billions of dollars in interest income for banks and card issuers, and result in them tightening credit boxes[NEW YORK] A proposed one-year cap on credit...
JPMorgan forecasts 2027 Fed hike; Barclays, Goldman postpone rate cut calls
Data suggests the labour market is holding, aiding belief that the Fed will leave borrowing costs unchanged at its January meeting[NEW YORK] JPMorgan predicts that the US Federal Reserve’s...
Grab gets approval to test its autonomous vehicle services with the public in Singapore
The community testing phase involves grassroots advisers and residents of Punggol[SINGAPORE] Ride-hailing giant Grab, in partnership with WeRide, has started accepting selected members of the public to test its...
