Race for talent is on as bankers brace for IPO boom in Vietnam

Race for talent is on as bankers brace for IPO boom in Vietnam

[ad_1] [HANOI] Vietnam’s potential upgrade to emerging-market status by FTSE Russell in September has investment banks bulking up staff in anticipation of a flood of initial public offerings (IPOs). Brokerage VnDirect Securities aims to lift headcount in its investment-banking division by 20 to 30 per cent over the next 12 to 18 months, while Vietcap…

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Gold holds steady after weak US jobs data reinforce rate-cut bets

Gold holds steady after weak US jobs data reinforce rate-cut bets

[ad_1] [BENGALURU] Gold prices held steady above the US$4,200 mark on Thursday (Dec 4), buoyed by weak private payrolls data that reinforced expectations of a US interest rate cut at the US Federal Reserve’s monetary policy meeting next week. Spot gold held its ground at US$4,207.56 per ounce, as at 9.04 am. US gold futures…

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Ringgit rally, fiscal strength fuel Malaysia’s bond momentum

Ringgit rally, fiscal strength fuel Malaysia’s bond momentum

[ad_1] [KUALA LUMPUR] Malaysia’s improving fiscal outlook, moderating inflation and resilient currency are enhancing the appeal of its bonds, positioning them for continued gains into next year. Global funds have poured about US$1.3 billion into Malaysia’s corporate and government bonds in November, the largest inflows since May, according to Bloomberg-compiled data. Citigroup, Fidelity International and…

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Nvidia’s Huang unsure whether China would accept its H200 chips

Nvidia’s Huang unsure whether China would accept its H200 chips

[ad_1] Allowing H200 sales to the Asian nation would mark a significant win for the world’s most valuable company [NEW YORK] Nvidia chief executive officer Jensen Huang said that he’s unsure whether China would accept the company’s H200 artificial intelligence (AI) chips should the US relax restrictions on sales of the processors, following a meeting…

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Singapore’s SGX mulls bid for Cboe Australia, AFR reports

Singapore’s SGX mulls bid for Cboe Australia, AFR reports

[ad_1] Australia’s financial regulator is working closely with the parent company to find a suitable buyer [SYDNEY] Singapore’s stock exchange is considering buying Cboe Global Markets’ Australian unit, the Australian Financial Review (AFR) reported. Singapore Exchange held preliminary talks with Cboe and its advisers about a potential offer for the Australian unit, the AFR said,…

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