AirAsia changes name to Capital A as it grows beyond an airline
Malaysia’s AirAsia Group Bhd (AIRA.KL) said on Friday it had changed its name to Capital A Bhd to reflect its growing portfolio of businesses beyond the core budget airline.
EXCLUSIVE China securities regulator met foreign banks to soothe economic concerns
The China Securities and Regulatory Commission (CSRC) met this week with executives at top western banks and asset managers to reassure them about the country’s economic prospects after regulatory crackdowns in 2021, three sources said on Friday.
Europe falls again after brutal week for stock markets
Europe’s main bourses fell again on Friday as worries about a sudden stop to central bank stimulus and rising tensions between Western powers and Moscow continued to drive world stocks to one of their worst ever starts to a year.
Singapore hosts third SPAC listing; Novo Tellus-backed firm makes debut
Southeast Asian industrial technology buyout fund Novo Tellus Capital Partners listed its special purpose acquisition company (SPAC) in Singapore on Thursday, marking the third such IPO this month as the city-state seeks to become a hub for SPAC listings.
Dealmaking helps Deutsche Bank deliver biggest profit in a decade
Deutsche Bank (DBKGn.DE) delivered its most profitable year in a decade on the back of a dealmaking bonanza, strengthening Chief Executive Christian Sewing’s hand as he fine tunes a new strategy and targets for the years ahead in March.
Analysis: Investors look to prune portfolio risk as Fed hawkishness rules markets
The Federal Reserve’s hawkish shift is bolstering the case for investors looking to trim risk from their portfolios, as the U.S. central bank trains its guns on surging inflation while giving little indication that it will be swayed by the latest weakness in stocks.
U.S. economy likely regained steam in Q4, 2021 growth seen best in 37 years
U.S. economic growth likely accelerated in the fourth quarter as businesses replenished depleted inventories to meet strong demand for goods, helping the nation to log its best performance in nearly four decades in 2021.
Nokia and Nordic Semiconductor to simplify IoT Standard Essential Patent licensing
Nokia and Nordic Semiconductor announced today a pioneering new approach to licensing the use of cellular IoT Standard Essential Patents. Companies purchasing IoT hardware from Nordic will now be given the opportunity to acquire licenses to Nokia’s industry leading portfolio of cellular patents.
Euro on defensive as Ukraine tension, hawkish Fed buoy dollar, yen
The euro hovered near 1-month lows versus the dollar and yen on Wednesday, hurt by concerns about the potential for military conflict in Ukraine and ahead of the Federal Reserve wrapping a meeting that could herald accelerated monetary tightening.
U.S. consumer confidence dips; more plan to buy big-ticket items
U.S. consumer confidence ebbed slightly in January, with more consumers planning to purchase homes, automobiles and other big- ticket items even as they grew less optimistic about business and labor market conditions in the short term.
