Featured Archives • Page 6 of 1174 • Financial News

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Citi to cut 3,500 tech jobs in China in global revamp

The staff reduction, mainly affecting full-time roles, is expected to be completed by early Q4 this year

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Stablecoin issuer Circle raises US$1.05 billion in upsized US IPO

The company will start trading on the NYSE under the symbol “CRCL” on Thursday

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US economic activity ebbs, prices rise in Fed’s Beige Book

The report notes that firms with plans to pass along tariff-related costs to consumers expect to do so within three months

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US economic activity declines as tariffs pressure prices, Fed says

The report notes that firms with plans to pass along tariff-related costs to consumers expect to do so within three months

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JPMorgan plans to offer clients financing against crypto ETFs

The firm will start providing financing against crypto exchange-traded funds, beginning with BlackRock’s iShares Bitcoin Trust

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OCBC partners Ant International to offer embedded finance to Indonesia SMEs

Tie-up taps the bank’s presence and knowledge of SMEs and customer franchise in Indonesia, and Ant International’s capabilities in alternative data modelling,...

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More Chinese corporates eyeing deals in Asean, secondary listings on SGX

While Trump’s tariffs posed initial shocks, markets have since stabilised, says CGSI’s Jason Saw

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Ping An Insurance raises US$1.5 billion from convertible bonds

The company is selling the bonds, which are denominated in Hong Kong dollars, through a so-called Regulation S offering

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Memecoin platform Pump.fun pursues US$1 billion token sale

The platform has been one of the biggest drivers of the explosive growth in memecoins and the attendant burst in activity on...

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Japan’s top banks said to mull joint ATM operation to cut costs

MUFG Bank, Sumitomo Mitsui Banking and Mizuho Bank are considering jointly operating automated teller machines (ATMs) to reduce costs, said sources...

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