Banks uphold conservative targets
Amid mixed prospects in the broader macro economic climate, banks appear to be upholding conservative targets in spite of strong…
US banks sail through annual Fed health check
The biggest US banks will have enough capital to withstand severe economic and market turmoil, the US Federal Reserve’s (Fed)…
Boeing-Lockheed rocket venture swaps payloads
Boeing Co and Lockheed Martin Corp’s rocket venture will fly a dummy payload instead of Sierra Space’s tardy Dream Chaser…
Canada’s largest pension fund souring on emerging markets
Canada Pension Plan Investment Board (CPPIB), one of the largest investment firms globally, is seeing fewer opportunities to put money…
M’sia on track for stronger growth in second half
Malaysia is on track to register stronger economic growth in the second half of this year (2H24).
L&G investment unit to sell Glencore stake
Legal & General’s (L&G) investment management unit says it is selling its stake in global commodities trader Glencore this year…
Tesla about to lose its EV market majority in US
Tesla Inc is on the verge of losing a key bragging right it’s held for the past six years: outselling…
Wall St ends subdued as investors await inflation data
US stocks ended Thursday around the unchanged mark as investors awaited fresh inflation data, with the Nasdaq able to eke out…
EU and Zelenskiy expected to sign Ukraine security pact
BRUSSELS (Reuters) - The European Union is expected to sign a security agreement with Ukrainian President Volodymyr Zelenskiy on Thursday,…