UBS opens institutional fund strategies to its Asian wealth clients
As per the UBS, the programme will initially be offered to global wealth management clients in Singapore and Hong Kong before being extended to Taiwan...
Category : Featured
Foldable smartphone market heats up as Huawei, Xiaomi launch new products
Huawei's new Mate XT2 folds out twice to open into a tablet-sized screen, apart from featuring the tech giant's new Kirin 9050 Pro chip...
Norway’s wealth fund plans holdings cut worth USD 80 billion to US Treasuries
Norges Bank Investment Management wants to reduce government bonds in its portfolio and shift towards higher-yielding fixed-income assets...
IF Insights: Tesla Cybercab hits Austin roads, but is it really ready?
The gold two-seater arrived to fanfare and a federal investigation on the same day. Tesla now has to prove it can scale against rivals...
China rare earth firms halt US shipments ahead of Xi-Trump summit
A handful of Chinese suppliers has reportedly refused to ship rare earths to American companies since early August...
Major breakthrough for Revolut as fintech giant wins conditional US banking licence
The company will now work through remaining applications and approvals with the FDIC, the Federal Reserve and the OCC, before launching the bank in 2027...
Citi’s China brokerage push set to intensify competition in local market
The American bank, in 2021, applied for a wholly-owned mainland brokerage unit licence to ramp up its presence in China...
Iran war rewires Gulf trade, and infrastructure becomes the new oil
With the Strait of Hormuz all but shut for six months, Gulf states are ploughing billions into pipelines, ports and rail...
Premium push: American, Southwest announce packages for ‘higher-spending travellers’
American Airlines will be adding more premium seats to its Boeing 777-300ER widebody fleet, while retiring its first class on the aircraft...
Volkswagen approves Oliver Blume’s plan for 50,000 more job cuts, US expansion
Volkswagen's restructuring plan also explores alternatives for four German plants that will eventually run out of models during the next decade...