Markets

Sabadell is considering more job cuts and striking product distribution alliances with other European banks after merger talks with rival BBVA fell through last week, according to four sources with knowledge of the matter.

Investors stepped up their buying of riskier assets such as stocks last week while pulling money out of safe-haven gold, BofA said on Friday, as major vaccine breakthroughs extended hopes that economies could move closer to normality in 2021.

Brexit trade talks are in the difficult phase and a deal can only be struck if the European Union accepts that Britain is a sovereign nation, Business Secretary Alok Sharma said.

IFAST Corporation is not aware of the outcome of the results of the digital banking licence at this point in time, it said in an exchange filing on Friday afternoon, in response to a query by SGX.

SINGAPORE: Retail sales in Singapore fell by 8.6 per cent year-on-year in October, said the Department of Statistics (SingStat) on Friday (Dec 4), although the decline was not as steep as the revised 10.7 per cent fall seen in September. Most retail industries continued to register declines in ...

Investors worried about whether a looming government shutdown could slow U.S. stocks' recent surge can take comfort in history: markets have tended to shrug off shutdowns despite their potentially nasty economic impact.

Investors worried about whether a looming government shutdown could slow U.S. stocks' recent surge can take comfort in history: markets have tended to shrug off shutdowns despite their potentially nasty economic impact.

UBS Group AG said on Friday it appointed Chief Operating Officer and President EMEA Sabine Keller-Busse as president of UBS Switzerland, while Iqbal Khan, co-president of global wealth management, will succeed Keller-Busse as president EMEA, in addition to his current role.

SINGAPORE: The Big Box shopping mall in Jurong East has been acquired by Perennial Real Estate for S$118 million, said the developer on Friday (Dec 4).  In a media release, Perennial said it has obtained JTC Corporation's confirmation for the zoning of site to be changed to a business park ...