Fashion

China examines foreign ETF trades after Jane Street India probe
Foreign market makers can also trade China ETFs through so-called Stock Connect links between Hong Kong and the mainlandCHINA is scrutinising how Jane Street Group and other foreign firms...
Yen tumbles following report Japan PM plans snap poll
Japanese officials have stepped up warnings against what they describe as excessive and speculative FX moves[TOKYO] The yen dropped to its weakest level against the US dollar since July...
UOBKH initiates coverage on NTT DC Reit with ‘buy’; forecasts 41% upside
The analyst points out that the Reit has enjoyed a ‘steady rise’ in portfolio occupancy[SINGAPORE] NTT DC Reit has the highest distribution yield among data centre real estate investment...
Boustead Singapore tweaks deal with Unified Industrial to retain control of Vietnam business
This allows the company to better manage its real estate and fund management business in one of Asean’s fastest growing economy [SINGAPORE] Boustead Singapore on Monday (Jan 12) announced...
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,...
Asia markets extend gains on ‘Sell America’ inflows, despite Trump’s Iran tariff threat
The announcement also says that the new duty would be ‘effective immediately’[SINGAPORE] Asian markets extended gains at market open on Tuesday (Jan 13), as the momentum from a global...
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...