Yen clings to gains after suspected intervention
The yen struggled to hold its line against the US dollar yesterday after making sharp gains the previous day sparked…
Scotiabank hires Machen to run global banking
Travis Machen is joining Bank of Nova Scotia from Morgan Stanley to lead its global banking and markets business.
Supreme Court spurns Musk’s Twitter appeal in SEC victory
The US Supreme Court rejected an appeal from Elon Musk in his “Twitter sitter” case, leaving intact his agreement with…
Buffett’s PacifiCorp faces US$30bil claim demand
Berkshire Hathaway Inc’s PacifiCorp is facing a demand for US$30bil from victims of Oregon’s 2020 Labour Day wildfires, an escalation…
Apollo accused of illegal life policy scheme
Apollo Global Management Inc bet on the longevity of senior citizens by acquiring illegal life insurance policies and funnelling the…
Coles posts third-quarter revenue rise
Australia’s Coles flagged deflation in its fresh produce and meat products, with a moderation in price rises across its broader…
Singapore retrenchments fall for second straight quarter
Retrenchments in Singapore fell for the second straight quarter while the hiring outlook improved, according to preliminary first-quarter labour market…
Challenges in meeting renewable power target
Indonesia is expected to make more commitments to the adoption of renewable energy (RE) following discussions about the new electricity…
Industrial output falls by most in four years in March
South Korea’s industrial output logged the sharpest fall in about four years after four months of monthly gains in March…