News
UBS to sell India wealth business to 360 ONE, take 5% stake in India partner
This deal will see the firm relinquish equity control in its India onshore wealth business while taking up the offshore wealth business of its local partnerPublished Tue, Apr 22,...
JPMorgan to expand San Francisco office in boost to downtown
[SAN JOSE] JPMorgan Chase is expanding its San Francisco office and committing its marquee healthcare conference to the city for another year, offering a boost to Mayor Daniel Lurie’s...
Circle plans stablecoin-powered cross border payment network
[NEW YORK] Circle Internet Group is launching a payments network designed to allow financial institutions and technology firms to settle cross-border transactions in stablecoins.The network is designed to link...
Stocks to watch: FCT, Parkway Life Reit, KIT, ESR Reit, Nanofilm, Paragon Reit
[SINGAPORE] The following companies saw new developments that may affect trading of its securities on Tuesday (Apr 22).Frasers Centrepoint Trust (FCT): The trust’s manager on Monday said that its...
Google paid Samsung ‘enormous sums’ for Gemini AI app installs
Published Tue, Apr 22, 2025 · 07:47 AM[WASHINGTON] Alphabet pays Samsung Electronics an “enormous sum of money” every month to preinstall Google generative artificial intelligence (AI) app, Gemini, on...
US imposes over 3000% duties on South-east Asian solar imports
[SAN FRANCISCO] The US set new duties as high as 3,521 per cent on solar imports from four South-east Asian countries, delivering a win for domestic manufacturers while intensifying...
US: S&P 500 ends down 2.4% after Trump slams Fed chief again
Published Tue, Apr 22, 2025 · 06:04 AM[NEW YORK] Wall Street stocks finished sharply lower on Monday (Apr 21) after a fresh attack on Federal Reserve chair Jerome Powell...
Frasers Centrepoint Trust preferential offering 24.8% oversubscribed
Its manager raises total of S$421.3 million from the offering and a private placement that closed on Mar 26[SINGAPORE] The manager of Frasers Centrepoint Trust (FCT) on Monday (Apr...
Dollar slides as Fed independence under threat from Trump
[SINGAPORE] The dollar tumbled on Monday (Apr 21) as investor confidence in the US economy took another hit over President Donald Trump’s plans to shake up the Federal Reserve,...
Singapore stocks rise on Monday as STI extends rally
[SINGAPORE] The Straits Times Index (STI) continued to rally on Monday (Apr 21) as Asian indices closed mixed amid traders tracking the tariff talks.The STI closed up 1.1 per...
