Boosts
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US: Wall Street steadies after labour market data; Nvidia boosts Nasdaq
The S&P 500 and the Dow opened little changed on Thursday (Jun 6) after jobless claims data indicated growing weakness in the US labour market, while gains in AI-favourite Nvidia…
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Oil drops as Opec+ boosts supply even though demand is shaky
OIL prices fell more than US$1 a barrel on Tuesday (Jun 4) on scepticism about an Opec+ decision to boost supply later this year into a global market where demand…
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Citi boosts US parental leave to compete with Wall Street rivals
CITIGROUP is increasing the time-off allowance for new parents in the US and introducing leave for staff to care for ailing family members, bringing it more in line with Wall…
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Easyjet, Eyeing Record Summer, Boosts Nerve Centre With AI
A cutting-edge facility featuring artificial intelligence (AI) — Easyjet’s new control centre is tasked with handling about 2,000 mostly-European flights per day as the British airline eyes high summer demand.…
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Rakuten boosts junk bond sale to US$2 billion with juicy yield
RAKUTEN Group boosted a junk bond sale to US$2 billion as the debt-laden Japanese company attracted investors with a yield that is significantly higher than similarly rated debt. The conglomerate…
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US dollar steady as inflation data boosts June rate cut bets; yen in focus
THE greenback was broadly steady on Monday (Apr 1) as data showing easing US prices bolstered bets that the Federal Reserve could cut interest rates in June, while the yen…
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Vietnam boosts coal imports as it promises investors no more power cuts
VIETNAM’S coal imports so far this year have nearly doubled from the same period of 2023, customs data shows, as the government strives to reassure foreign investors that factories will…
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Swiftonomics boosts UOB card billings by 35%; over S$30 million spent on tickets
UOB card billings surged 35 per cent week on week over Mar 4 to Mar 10, when four of six of Taylor Swift’s The Eras Tour concert events took place…
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Swiftonomics boosts card billings by 35%; UOB cardholders spent over S$30 million on tickets
CARD billings at UOB-acquired merchants surged 35 per cent week on week over Mar 4 to Mar 10, when four of six of Taylor Swift’s The Eras Tour concert events…
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China boosts supervision of fund firms, launches inspections, newspaper reports
CHINA’S securities regulator has launched onsite inspections of some mutual fund companies as part of efforts to strengthen management of the industry, the 21st Century Business Herald reported on Friday.…
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Steady Fed outlook boosts stock market’s hopes for coveted ‘soft landing’
A US stock market perched at record highs received an encouraging message from the Federal Reserve, after the central bank stuck with its rate cut projections for 2024 despite stronger-than-expected…
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JPMorgan boosts quarterly dividend 9.5% after record profit
JPMORGAN Chase & Co unexpectedly lifted its dividend 9.5 per cent in the wake of a record annual profit and as regulators signal they may rethink proposals for tightening capital…
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Nomura boosts EMEA bond desks with new head of flow rates
NOMURA Holdings has appointed Hemish Shah as head of flow rates for Europe, the Middle East, and Africa as the Japanese broker works on expanding its wholesale operations in the…
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Oil prices settle slightly down after US boosts crude output forecast
OIL prices dipped on Tuesday (Mar 12), settling slightly lower after a higher-than-expected forecast for United States crude oil production and bearish economic data, but persistent geopolitical tensions limited declines.…