Technology
Morgan Stanley’s Asia chief says Tokyo gaining on rival hubs Singapore and Hong Kong
MORGAN Stanley’s chief executive officer for Asia said Tokyo is catching up with rival financial hubs in Asia as its economy crawls out of decades-long deflation, boosting the potential...
Japan’s 10-year yield hits more than decade high of 1% as BOJ bets build
JAPAN’S 10-year government bond yield rose to an 11-year high of 1 per cent on Wednesday (May 22) amid mounting bets for further Bank of Japan (BOJ) policy tightening...
Asia: Stocks wobble as traders eye Nvidia results
ASIAN stocks struggled for solid footing amid a lack of local drivers after the S&P 500 crept to another record ahead of results from giant chipmaker Nvidia Corp. ...
Chinese tech stocks still have valuation appeal after rally
THE cheap valuations for Chinese tech stocks are appealing to more investors after an earnings season with better profits, more buybacks and dividends. Source link
Goldman sees more dollar strength amid fight against inflation
THE dollar may remain stronger for longer if the Federal Reserve keeps interest rates steady, while other nations opt for a reduction in borrowing costs, according to Goldman Sachs...
Chanel nears US$20 billion in sales in 2023
FRENCH luxury brand Chanel said Tuesday (May 21) that its sales jumped last year to a record just shy of US$20 billion, although profits only edged higher. Source...
JD.com raises US$1.75 billion in convertible bonds
JD.COM sold US$1.75 billion of bonds due in five years that can be converted into the Chinese e-commerce retailer’s equity. Source link
Apple says US antitrust lawsuit should be dismissed
APPLE said on Tuesday (May 21) it plans to ask a US judge to dismiss a lawsuit filed by the Justice Department and 15 states in March that alleged...
