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Hedge funds shed risk in tech megacap sell-off, Goldman says
Reuters via Yahoo Singapore Finance· 8 hours agoGlobal hedge funds have been reducing their exposure to U.S. stocks for five days in a row amid a...
Temenos weighs sale of fund management unit Multifonds, sources say
Reuters via Yahoo Singapore Finance· 9 hours agoSwiss financial software group Temenos is studying options, including a sale, for its fund management unit Multifonds, three people familiar with the matter said. Temenos, listed on the SIX ...
Former Goldman, Blackstone analyst gets 28-month prison sentence for insider trading
Reuters via Yahoo Singapore Finance· 11 hours agoA former Goldman Sachs and Blackstone analyst was sentenced to 28 months in prison on Wednesday for...
2nd-Quarter Earnings Season Kicks Off With Mixed Bank Results
GuruFocus.com via Yahoo Singapore Finance· 14 hours agoInvestment banking fees only increased 21% compared to JPMorgan's and Citigroup's (NYSE:C) 50...
Citi to boost investment banking headcount in India betting on deals surge
Reuters via Yahoo News Singapore· 15 hours agoCitigroup plans to bolster the headcount in its India investment banking unit, betting on a surge in...
Johnson & Johnson's Q2 Earnings: Revenue And Profit Beat On Strong Pharma Sales, Annual Profit...
Benzinga via Yahoo Singapore Finance· 17 hours agoOn Wednesday, Johnson & Johnson (NYSE:JNJ) reported a second-quarter adjusted EPS of $2.82, up 10.2%...
Longer lives, lower pay: Why saving for retirement is harder for women
USA TODAY via Yahoo Singapore Finance· 17 hours agoA “gray divorce” can decimate a woman’s wealth. Several recent reports spotlight the uphill battle...
Goldman Sachs says S&P 500 correction is coming, urges investors not to buy dip
Investing.com via Yahoo Singapore Finance· 19 hours agoGoldman Sachs issued a warning that an S&P 500 correction is imminent and advised investors against buying the dip. In a note to clients, an analyst at ...
Energy-guzzling AI derails tech firms’ climate goals
The Hill via Yahoo News Singapore· 19 hours agoAs major technology companies race to take advantage of the artificial intelligence (AI) boom, the energy-guzzling technology is derailing their efforts...
Hong Kong stocks eye policy support announcements as China's economic outlook dims
South China Morning Post via Yahoo Singapore Finance· 20 hours agoHong Kong stocks were flat after trading in a narrow range on Wednesday, as investors awaited policy announcements from China's third plenum, amid broadly downbeat views on the outlook for the ...