Finance News
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6UOB projects slower 2Q26 growth for China amid headwinds
Singapore’s United Overseas Bank (UOB) has revised its growth forecast for China’s economy in the second quarter of 2026, projecting a slower...
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36Goldman Sachs overtakes Morgan Stanley as lead banker for SpaceX IPO
Goldman Sachs has eclipsed Morgan Stanley as the lead underwriter for SpaceX’s highly anticipated initial public offering, a significant shift in the...
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46Morgan Stanley Issues China-Only iPhones to Hong Kong Bankers Amid Data Security Push
Morgan Stanley has begun issuing specially configured iPhones to its Hong Kong-based bankers who frequently travel to mainland China, a move that...
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45Chinese Data Centre Spin-Off DayOne Targets $5bn Dual IPO in Singapore and US
DayOne, a data centre company spun off from a Chinese technology conglomerate, is planning a dual initial public offering in Singapore and...
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51The End of the Mortgage Broker? How Technology Is Rewriting the Rules of Home Lending
The traditional role of the mortgage broker, long a cornerstone of the home-buying process, is facing its most significant challenge yet. A...
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50US Federal Prosecutors Investigate Valuation Practices at BlackRock Private Credit Fund
US federal prosecutors have initiated an examination of valuation practices at BlackRock TCP Capital Corp, a private credit fund managed by the...
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41Banks Line Up to Back Hospitality Billionaire’s Bid for Caesars Entertainment
Tilman Fertitta, the billionaire owner of the NBA’s Houston Rockets and a portfolio of high-end restaurants including Keens Steakhouse, is moving closer...
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47Musk’s ‘Baseless’ Lawsuit Aimed to ‘Tie OpenAI in Knots,’ Startup’s Lawyer Argues in Closing Statements
The legal battle between Elon Musk and OpenAI reached a critical juncture this week as attorneys for the artificial intelligence startup delivered...
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43Banks Back Hospitality Billionaire Tilman Fertitta’s Bid for Caesars Entertainment
The owner of the NBA’s Houston Rockets and the Keens Steakhouse chain is moving closer to acquiring one of the most recognizable...
