TRUMID, a New York-based fintech startup and corporate bond trading platform, has secured fresh funding of US$60 million from investors, led by global investment firm Hillhouse Capital.
UOB expects to have half of its revenue coming from outside Singapore by 2021, up from about 40 per cent currently, saying that the market may have underestimated the network potential from its Asean exposure.
American International Group Inc shareholders should vote against compensation packages for top executives at the insurer's annual meeting next week, according to two advisory firms that hold sway over investor votes.
Federal Communications Commission Chairman Ajit Pai on Wednesday delayed plans to begin in June a comprehensive review of a valuable band of spectrum reserved for vehicles to communicate with one another.
NEW YORK: Wall Street stocks climbed for a second straight session on Wednesday (May 15) after the US sent more conciliatory messages on trade, offsetting lacklustre economic data. The Dow Jones Industrial Average finished up 115.97 points (0.45 per cent) at 25,648.02 The broad-based S&P 500 ...
A new generation of U.S.-produced commercial supersonic jets must be no louder than existing planes or risk exacerbating existing complaints over noise from air traffic, Angela Gittens, director of Airports Council International (ACI) said.
The We Company, parent of workspace provider WeWork, said on Wednesday it has created a US$2.9 billion real estate investment platform with funding from one of Canada's largest pension funds, building on ties with private equity firm the Rhone Group.
Finland's Kone is assessing the viability of a bid for Thyssenkrupp's 14 billion euro (US$15.7 billion) elevators division even as the German conglomerate pursues plans to list it on the stock exchange, four people familiar with the matter said.
A top U.S. bank regulator said on Wednesday it will vet Wells Fargo & Co's pick for its next chief executive, a development that could complicate the scandal-hit lender's efforts to find a permanent replacement for CEO Tim Sloan.
Finland's Kone is assessing the viability of a bid for Thyssenkrupp's 14 billion euro (US$15.7 billion) elevators division even as the German conglomerate pursues plans to list it on the stock exchange, four people familiar with the matter said.
