Fashion
Fitch Ratings says Fed independence is key factor for US sovereign rating
[ad_1] [NEW YORK] Fitch Ratings said on Monday it views the Federal Reserve’s independence as a key supporting factor for its AA+ US sovereign rating.The credit rating agency will continue...
Trump administration probe of Fed’s Powell sparks pushback
[ad_1] Former Fed chairs join former government economic policy leaders from both political parties in raising alarm[WASHINGTON] The Trump administration’s decision to open a criminal investigation into US Federal Reserve...
Goldman, JPMorgan and UBS lead Golden Goose’s buyout debt
[ad_1] Temasek Holdings will take a minority stake in the Italian high-end sneaker producer[LONDON] Goldman Sachs, Group JPMorgan Chase and UBS Group are leading a debt financing deal backing a...
How Trump’s proposed cap on credit card rates could reshape consumer lending
[ad_1] It could wipe out billions of dollars in interest income for banks and card issuers, and result in them tightening credit boxes[NEW YORK] A proposed one-year cap on credit...
JPMorgan forecasts 2027 Fed hike; Barclays, Goldman postpone rate cut calls
[ad_1] Data suggests the labour market is holding, aiding belief that the Fed will leave borrowing costs unchanged at its January meeting[NEW YORK] JPMorgan predicts that the US Federal Reserve’s...
Grab gets approval to test its autonomous vehicle services with the public in Singapore
[ad_1] The community testing phase involves grassroots advisers and residents of Punggol[SINGAPORE] Ride-hailing giant Grab, in partnership with WeRide, has started accepting selected members of the public to test its...
Singapore stocks rise as US Fed probe revives ‘Sell America’ trade; STI up 0.5%
[ad_1] [SINGAPORE] Singapore shares climbed on Monday (Jan 12), as Asian markets gained on a rise in “Sell America” sentiment after the Trump administration escalated its attacks on the US...
Beijing looms large over Singapore-based Manus’ deal with Meta
[ad_1] The swift scrutiny shows fears Manus’ sale could spur more tech stars to follow the same path[SHENZHEN] It took just 10 days for Meta’s acquisition of Manus to run...
UBS rejects proposed Swiss bank rules, moots less costly alternatives
[ad_1] The lender warns the proposal would add huge costs and threaten the continuation of its successful business model[ZURICH] UBS on Monday (Jan 12) rejected government proposals to strengthen regulations...
Xpeng hires banks for flying car unit IPO in Hong Kong: sources
[ad_1] Xpeng Aeroht’s first mass-produced flying vehicle is scheduled for customer delivery in late 2026[HONG KONG] Xpeng has hired banks to work on an initial public offering of its flying...
