HONG KONG – Singapore has overtaken Hong Kong to become Asia’s top financial centre – and the third in the world after moving up three places – according to a new report that puts New York and London in the first and second spots. Hong Kong slipped to fourth place, battered by strict Covid-19 restrictions
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Unwanted comments from Ime Udoka to a female employee started the investigation that led to the Celtics suspending their coach, according to a new report in The Athletic Friday. The Celtics announced late Thursday that Udoka would be suspended for the 2022-23 season for a violation of team policy. His status with the team will
Unwanted comments from Ime Udoka to a female employee started the investigation that led to the Celtics suspending their coach, according to a new report in The Athletic Friday. The Celtics announced late Thursday that Udoka would be suspended for the 2022-23 season for a violation of team policy. His status with the team will
Tesla Inc TSLA shares are trading lower by 3.64% to $278.09 during Friday's session in possible reaction to Wednesday comments from Fed Chair Powell suggesting there could be a period of lower economic growth and as the broader market reacts to the Fed's decision to hike rates by 75 bps. An economic slowdown could drive
Tesla Inc TSLA shares are trading lower by 3.64% to $278.09 during Friday's session in possible reaction to Wednesday comments from Fed Chair Powell suggesting there could be a period of lower economic growth and as the broader market reacts to the Fed's decision to hike rates by 75 bps. An economic slowdown could drive
A former wrestler from Montclair High School died Thursday after authorities said he was shot on a street in Orange. Katon Washington, 28, of Montclair, was found by police officers responding to a shooting about 1 a.m. in the area of Aldine and Cleveland streets in Orange, according to acting Essex County Prosecutor Theodore N.
A former wrestler from Montclair High School died Thursday after authorities said he was shot on a street in Orange. Katon Washington, 28, of Montclair, was found by police officers responding to a shooting about 1 a.m. in the area of Aldine and Cleveland streets in Orange, according to acting Essex County Prosecutor Theodore N.
HONG KONG – Singapore has overtaken Hong Kong to become Asia’s top financial centre – and the third in the world after moving up three places – according to a new report that puts New York and London in the first and second spots. Hong Kong slipped to fourth place, battered by strict Covid-19 restrictions
HONG KONG – Singapore has overtaken Hong Kong to become Asia’s top financial centre – and the third in the world after moving up three places – according to a new report that puts New York and London in the first and second spots. Hong Kong slipped to fourth place, battered by strict Covid-19 restrictions
Unwanted comments from Ime Udoka to a female employee started the investigation that led to the Celtics suspending their coach, according to a new report in The Athletic Friday. The Celtics announced late Thursday that Udoka would be suspended for the 2022-23 season for a violation of team policy. His status with the team will
Unwanted comments from Ime Udoka to a female employee started the investigation that led to the Celtics suspending their coach, according to a new report in The Athletic Friday. The Celtics announced late Thursday that Udoka would be suspended for the 2022-23 season for a violation of team policy. His status with the team will
Tesla Inc TSLA shares are trading lower by 3.64% to $278.09 during Friday's session in possible reaction to Wednesday comments from Fed Chair Powell suggesting there could be a period of lower economic growth and as the broader market reacts to the Fed's decision to hike rates by 75 bps. An economic slowdown could drive
Tesla Inc TSLA shares are trading lower by 3.64% to $278.09 during Friday's session in possible reaction to Wednesday comments from Fed Chair Powell suggesting there could be a period of lower economic growth and as the broader market reacts to the Fed's decision to hike rates by 75 bps. An economic slowdown could drive
Sterling tumbled against the dollar to below $1.09, hitting its lowest point since 1985, after UK chancellor Kwasi Kwarteng on Friday unveiled a £45bn debt-financed tax-cutting package that sparked a historic increase in borrowing costs. Kwarteng’s political and economic gamble includes the biggest set of tax cuts for 50 years, with the end of the
Sterling has extended its decline to slip below $1.12, the currency’s weakest point since 1985, as the economy veers towards a recession and the government prepares a mini-Budget in which it promises a number of tax cuts. Friday’s 0.75 per cent decline brings the drop for the year to more than 17 per cent, putting
Credit Suisse has drawn up plans to split its investment bank into three and resurrect a “bad bank” holding pen for risky assets, as the Swiss lender attempts to emerge from three years of relentless scandals. Under proposals put forward to the group’s board, Credit Suisse hopes to sell profitable units such as its securitised
Vladimir Putin said Russia’s armed forces would call up its reserves immediately to support its invasion of Ukraine and indicated Moscow would probably annex large swaths of the country’s territory. In an address to his nation that significantly raised the stakes in the war, the Russian president announced “partial mobilisation” ahead of heavily stage-managed votes
Hedge funds are betting that a tumble in shares of UK asset management companies including Abrdn and Ashmore will accelerate as a brutal bear market dents their investment performance and ability to attract new business. Ken Griffin’s Citadel, Steve Cohen’s Point72 and Marshall Wace are among those running bets on lower share prices for listed
European and Asian stock markets turned higher on Tuesday as investors awaited a closely watched interest rate decision by the US Federal Reserve. The regional Stoxx Europe 600 share gauge added 0.8 per cent in early dealings. London’s FTSE 100 rose 0.9 per cent as traders returned to their desks following a UK public holiday
Mike Ashley is to quit as a director of Frasers Group next month, stepping back from the UK retailer that he originally founded as Sports Direct four decades ago. Ashley set up Sports Direct in 1982, changing the name to Frasers after he bought the department store chain in 2018. Michael Murray, Ashley’s son-in-law, became