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PayPal plans job cuts as its new CEO pursues turnaround strategy

PAYPAL plans to cut costs and jobs as new chief executive officer Enrique Lores seeks to turn around the payments company that’s...

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Coinbase to cut 14% of workforce, citing volatile markets and AI

The layoffs is the latest in a string of workforce reductions across the crypto and payments sectors

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KKR profits rise on growing assets, deals pick up pace in first quarter

KKR earned higher fees from managing a growing pile of assets and it benefited from a pick-up in deals in the first...

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OCBC’s Indonesia deal boosts wealth push, may herald more M&A under new CEO Tan Teck Long: analysts

Industry watchers say there may be more acquisitions to come, particularly in high-growth Asean markets

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StanChart to expand Gulf wealth operation, boost teams for Taiwan, South-east Asia

The lender is adding about 50 private bankers in Singapore to serve wealthy Chinese clients

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Starwood CEO Sternlicht expands data centre footprint globally

BARRY Sternlicht, chairman and CEO at Starwood Capital Group, said his company has been investing in data centres for the past five years, expanding...

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Starwood CEO Sternlicht expands data centre footprint globally

BARRY Sternlicht, chairman and CEO at Starwood Capital Group, said his company has been investing in data centres for the past five years, expanding...

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Starwood CEO Sternlicht broadens data centre footprint globally

He says data centre economics are relatively consistent across global markets

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Australian dollar gets little lift from central bank rate hike as Iran war concerns dominate

Markets anticipate a 20 per cent chance of an additional move in June

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Australia’s central bank ramps up inflation fight with third rate hike this year

Markets price in further rate hikes, with peak seen at 4.60% by September

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