Markets Archives • Page 8505 of 11371 • Financial News

Markets

StanChart Singapore mulls digital-only bank under ‘rooted foreign bank’ framework

STANCHART Singapore on Friday told The Business Times it is exploring an additional banking licence under the Significantly Rooted Foreign Bank (SRFB) framework in Singapore.

Markets

iFast not aware of digital banking licence outcome when SGX queried trading activity

IFAST Corporation was not aware of the outcome of the results of the digital banking licence as at Friday afternoon, it said in an exchange filing at 3.09pm in response to a query by SGX.

Markets

Five worrying takeaways from Friday’s US jobs report

Friday's big monthly U.S. payrolls report was a big disappointment, with roughly half the number of jobs created in November as were forecast by economists in a Reuters poll.

Markets

Nissan joins GM in exiting auto group backing Trump

Japanese automaker Nissan Motor Co said on Friday it was joining General Motors in exiting a group of automakers that had backed U.S. President Donald Trump in his bid to prevent California from imposing its own vehicle emissions rules.

Markets

Russia to Germany gas pipeline targeted in US defence bill

The annual US defence policy bill unveiled by lawmakers late on Thursday contains sanctions that backers say will halt one of Russia's biggest projects in Europe: the Nord Stream 2 gas pipeline.

Markets

Russia to Germany gas pipeline targeted in US defense bill

The annual U.S. defense policy bill unveiled by lawmakers late on Thursday contains sanctions that backers say will halt one of Russia's biggest projects in Europe: the Nord Stream 2 gas pipeline.

Markets

Lufthansa’s unionised ground staff back cost-cutting deal, document shows

A deal to cut costs and save jobs at Lufthansa has won the support of a majority of the Verdi trade union members who work for the German airline as ground staff, according to the results of a ballot seen by Reuters on Friday (Dec 4).

Markets

Rising economic risks, but Fed likely won’t tweak bond-buying for now

The big slowdown in US jobs growth last month and the surge in COVID-19 cases signal more hurt ahead for the world's largest economy, but those rising risks aren't likely to trigger a rush by the Federal Reserve to ramp up or shift its bond-buying when policymakers meet later this...

Markets

Biden says jobs report is ‘grim,’ warns of ‘dark winter’ as COVID-19 rages

President-elect Joe Biden said Friday's (Dec 4) "grim" jobs report shows the economic recovery is stalling and warned the "dark winter" ahead would exacerbate the pain unless the US Congress passes a coronavirus relief bill immediately.

Markets

US labour market losing steam as COVID-19 pandemic rages

The US economy added the fewest workers in six months in November, hindered by a resurgence in new COVID-19 cases that, together with a lack of more government relief money, threatens to reverse the recovery from the pandemic recession.

Markets

Most Viewed

Trending Now