Asian shares inched higher and the U.S. held near multi-month peaks on Monday as the chance of yet more trillions in U.S. fiscal spending underpinned the outlook for global growth.
Nomura Holdings Inc said on Monday it discovered a case that could subject one of its U.S. units to "a significant loss" arising from transactions with a U.S. client.
Mitsubishi UFJ Financial Group, and Sumitomo Mitsui Financial Group, Japan's two biggest banks, are being targeted with climate resolutions from activist shareholders at their annual shareholder meetings.
CapitaLand has said that the purpose of the restructuring is to be more asset light, which is the Holy Grail of businesses these days, says David Kuo.
SINGAPORE: Ms Doleries Kwok was about to complete her purchase for a pair of Adidas slip-on shoes on e-retailer Zalora when she noticed a new payment option. It was a “buy now, pay later” (BNPL) service called Rely, which could split the S$90 payment into three equal monthly instalments...
MORE insurers are launching claims-based pricing for Integrated Shield (IP) riders, in an effort to shore up their underwriting results and eventually dampen future premium hikes.
SOME months before the world came to a Covid-induced standstill, this reporter found herself huffing and puffing in a crowded Bangkok airport, making it to the connecting flight to Tokyo by the skin of her teeth.
Wealth manager AMP Ltd said on Monday that U.S.-based Ares Management Corp was interested in buying a 100per cent stake in its asset management arm's private markets business, at the end of a 30-day exclusivity period between the two parties.
A number of large block trades on Friday which investors said caused big drops in the stocks of a clutch of companies were linked to an investment fund, Archegos Capital, a source familiar with the situation said, with the moves raising worries about volatile trading in the coming days....
A consortium led by Italian state lender CDP is working on a sweetened offer for Atlantia's stake in Autostrade per l'Italia in a last-ditch attempt to salvage talks over the fate of the motorway business, three sources said.
