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Singapore banks lose over S$37 billion in market value as tariff sell-off continues

Potential rate cuts by US Fed in face of slower growth could weigh on bank earnings

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BlackRock CEO Larry Fink gets 14% compensation bump in 2024

Tthe world’s largest asset manager has also been doling out long-term incentive pay to retain its top brass

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Wall Street fears job cuts as dealmaking fizzles in trade war

Inside JPMorgan Chase, Goldman Sachs and Bank of America, executives are considering revising down internal revenue projections for their advisory businesses for...

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Fed’s Powell says larger-than-expected tariffs mean higher inflation, slower growth

The confounding set of risks, with prices rising even as the economy weakens, has become increasingly central to recent Fed commentary as...

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Morgan Stanley raising about US$680 million for Japan real estate fund: sources

Morgan Stanley is raising about 100 billion yen (S$910.8 million) for a Japan-focused real estate fund, two people familiar with the...

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Trade war boosts odds of Bank of England pushing ahead with May rate cut

THE threat of a global trade war is set to tip the balance at the Bank of England toward more interest-rate cuts,...

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Euro jumps over 2% against dollar after hefty US tariffs

The euro rallied more than 2 per cent against the dollar on Thursday (Apr 3) and was set for its best...

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Tariffs disrupt Bitcoin mining supply chain rooted in Asia

Lauren Lin is in a hurry. She has less than 48 hours to ship about 5,600 Bitcoin mining machines from...

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Mitsubishi plans to invest four trillion yen over next three years to drive growth

The company’s largest shareholder is legendary US investor Warren Buffett’s Berkshire Hathaway, which has a 9.67 per cent stake, according to LSEG...

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Jefferies moving to bigger Singapore office amid expansion push

The firm has been on a hiring spree in recent years, including bringing in about 20 investment bankers from Credit Suisse in...

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