SINGAPORE banks are likely to continue seeing compressed net interest margins (NIMs), deteriorating asset quality and slowing loan growth, all of which they experienced in the third quarter this year.
SINGAPORE'S initial public offering (IPO) market was up four times in funds this year, boosted by four real estate investment trusts (Reits) - Prime, Lendlease, Eagle Hospitality, and ARA Hospitality.
ONE question we often hear today is whether the recent surges in money market rates in the US and Hong Kong - that is, the US repo rate (repurchase agreement rate) and the HIBOR (Hong Kong Interbank Overnight Offered Rate) - serve as warning signs of a...
A battery-powered Lincoln SUV, due in mid-2022, will be the first Ford Motor Co vehicle built on a custom electrified chassis that resembles a skateboard, which was developed by Ford-backed startup Rivian, according to several people familiar with the program.
A proposal to combat traffic congestion in Chicago by increasing taxes on certain ride-hailing trips won city council approval on Tuesday as the city and ride service companies accused each other of penalizing low-income riders.
Retail subscription for Saudi Aramco's initial public offering (IPO) reached 27.04 billion Saudi riyals (US$7.21 billion) on Tuesday, lead manager Samba Capital said.
Activist investor Blackwells is pushing to remove Tom Barrack, a billionaire friend of President Donald Trump, as CEO of Colony Capital, saying his mismanagement of the real estate and investment firm has cost shareholders billions of dollars in lost gains.
Democratic senators proposed legislation on Tuesday that would set penalties for online companies like Alphabet Inc's Google and Facebook Inc if they mishandle users' personal data.
WASHINGTON: Injury rates reported for workers at Amazon warehouses across the United States are more than double the national average, according to a news investigation into workplace conditions at the electronic commerce giant. The report released on Monday (Nov 25) by Reveal, a project of the ...
Sales of new U.S. single-family homes unexpectedly fell in October following recent strong gains, but the overall housing market remains supported by lower mortgage rates.
