UNICREDIT will give employees in Italy a one-off payment of 2,400 euros (S$3,408.2) to reward productivity and help them to weather rising prices, Italy’s second-biggest bank said on Friday (Dec 2).
JAPAN is set to earmark 40 trillion to 43 trillion yen (S$402.8 billion to S$433 billion) for defence spending over five years from April 2023, three sources told Reuters on Friday (Dec 2).
GOLDMAN Sachs’ traders, on the way to posting their biggest revenue haul in more than a decade, are in for a surprise as cost pressures force the firm’s leadership to cut their year-end bonuses.
THE Philippines’ central bank governor on Friday voiced caution over a legislative proposal to create a sovereign wealth fund overseen by President Ferdinand Marcos Jr, saying transparency over its governance would be key.
CHINA’S yuan edged lower against the dollar on Friday but is on track to post its biggest weekly gain in two years, buoyed by expectations of a slower pace in U.S. rate hikes and China’s gradual exit from its zero-Covid-19 policy.
Traders expect the yuan’s recovery to be slow next...
SINGAPORE Treasury bills (T-bills) have received explosive investor interest lately, with individual investors making more than 92,000 bids – some for over S$1 million – in the Nov 10 auction.
SINGAPORE Treasury bills (T-bills) have received explosive investor interest lately, with individual investors making more than 92,000 bids – some for over S$1 million – in the Nov 10 auction.
THE Australian Securities Exchange will cut up to 200 contractors working on a project to replace its main trading platform with so-called blockchain technology after cancelling the overhaul, the company told Reuters.
US AUTHORITIES are asking crypto investors and trading firms that worked closely with FTX to hand over information on the company and its key figures, including founder Sam Bankman-Fried and the former head of his Alameda Research investment arm, Caroline Ellison.
SINGAPORE is cementing its status as a regional hotspot for hedge funds, with the number of firms expanding from Hong Kong to the city state tripling in the past three years.
At least 16 firms already operating in Hong Kong added a Singapore office between the start of 2019 and...












