Axos Financial shares fall after Hindenburg takes short position
Short seller Hindenburg Research disclosed a short position in digital bank Axos Financial, alleging lax underwriting standards and glaring issues…
Property sector concerns affect US banking system
When it comes to commercial real estate, investors in the US banking sector are on edge.
Crypto industry’s lobbying drive ‘will pay off’ in US elections this year
The president of US crypto firm ripple is “optimistic” that a lobbying push by the crypto industry will yield results…
New UK banknotes daily usage may take time
UK banknotes featuring the portrait of King Charles III were due to enter circulation yesterday, though they’re likely to be…
Red Lobster owner meets ESG goals
The Thai seafood supplier that owns Red Lobster Management LLC says it has achieved three of its environmental, social and…
Vietnam attracting investments for startups
The wave of innovative startups in Vietnam has developed at “dizzying” speeds, attracting the attention of many domestic and foreign…
German clean power sector under scrutiny
Germany’s power system has continued to clean up its act over the first five months of 2024, setting several key…
Opec’s surprise output hike offers Biden break on prices
US President Joe Biden may have just received a timely election boost from an unlikely source.
HSBC to open three wealth centres by 1Q25
HSBC will open three wealth centres in Singapore by the first quarter of 2025, the bank says.