Morgan Stanley CEO's annual pay rises by over 20%
[NEW YORK] Morgan Stanley Chief Executive James Gorman's annual pay rose by US$6 million, or 22 per cent, last year...
Japan's MUFG Bank to introduce fees on dormant accounts from July
[TOKYO] The banking unit of Japan's Mitsubishi UFJ Financial Group said on Friday it would introduce maintenance...
Chinese vaping firm RLX raises US$1.4b in US IPO: sources
[NEW YORK] Chinese vaping firm RLX Technology sold shares in its US initial public offering (IPO) on Thursday at US$...
Bitcoin drops below US$30,000 in ominous sign for crypto rally
[HONG KONG] Bitcoin slumped below US$30,000 on Friday, extending a retreat from an all-time high set just two weeks...
Aussie slips after bleak Dec retail sales data, NZ dollar weakens
[SYDNEY] The Australian dollar slipped on Friday after disappointing retail sales data for December though it was...
Canada fund adds billions to Asia stock bets and plans even more
[TORONTO] Ontario Municipal Employees' Retirement System almost quadrupled its stock holdings in the Asia-Pacific...
US dollar slides for third day on economic data, stimulus expectations
[NEW YORK] The US dollar fell for a third straight session on Thursday, with investors seeking out higher-yielding...
Bank of Japan leaves interest rates unchanged amid gloomy outlook
THE Bank of Japan left its main policy unchanged after forecasting the economy will regain more lost growth than...
IG buys Tastytrade as retail investors embrace derivatives
BRITAIN'S IG Group Holdings Plc agreed to buy online brokerage Tastytrade Inc for US$1 billion, predicting retail...
Ant Group 'could be worth below 700b yuan' on crackdown
ANT Group's valuation may be cut further under new measures proposed by China to curb market concentration in its...
China's monopoly rules threaten super-app model
THE future of China's financial super-apps has been thrown into question. The central bank is defining unhealthy...
BREAKING NEWS
Sri Lankan health minister tests positive for Covid-19 after endorsing sorcery
[COLOMBO] Sri Lanka's health minister, who publicly endorsed sorcery and magic potions to stop surging coronavirus...
Australia's PM reluctant to commit to medium-term climate goals: newspaper
[MELBOURNE] Australia's government is in no rush to sign up to a target of net zero carbon emissions by 2050,...
Canada says Trudeau, Biden to have first meeting 'next month'
[OTTAWA] Canadian leader Justin Trudeau and new US President Joe Biden spoke on the phone on Friday on an extensive...
Pride and caution in Wuhan on lockdown anniversary
[WUHAN, China] Exactly one year after it thrust the word "lockdown" into the global conversation, Wuhan passed the...
'I want to feel safe again': Americans lament slow pace of US Covid-19 vaccine rollout
[SACRAMENTO, California] Jerry Shapiro, a 78-year-old pharmacist from Los Angeles, is at the top of the list of...
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