Bloomberg terminal outage disrupts bond sales across Europe

Bloomberg terminal outage disrupts bond sales across Europe

Published Wed, May 21, 2025 · 05:57 PM — Updated Wed, May 21, 2025 · 06:30 PM [LONDON] News and data company Bloomberg suffered an outage to its terminal for financial professionals on Wednesday (May 21), disrupting numerous government bond sales and customer activity, according to several European debt management offices and market sources. Traders…

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Should SingPost divest its headquarters building?

Should SingPost divest its headquarters building?

[SINGAPORE] The share price of Singapore Post (SingPost) said it all about investors’ attitude towards the national postal service provider’s latest set of financial results. The share price tanked 12 per cent on May 15 despite SingPost proposing a dividend of S$0.09 a share for FY2025 ended March, with the payout from the gain from…

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Time’s not ripe for SingPost to sell its flagship building

Should SingPost divest its headquarters building?

[SINGAPORE] The share price of Singapore Post (SingPost) said it all about investors’ attitude towards the national postal service provider’s latest set of financial results. The share price tanked 12 per cent on May 15 despite SingPost proposing a dividend of S$0.09 a share for FY2025 ended March, with the payout from the gain from…

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“Chilling”: Trump’s Fury at Bruce Springsteen Just Got Much Darker

“Chilling”: Trump’s Fury at Bruce Springsteen Just Got Much Darker

President Trump has raged at Bruce Springsteen for days, demanding investigations as retaliation against him for criticizing the president. This is easy to dismiss as the usual lunacy, but Rolling Stone reports that there’s a genuine idea at work here: Trump has long planned to use government agencies to constrain his opponents’ political activities, and…

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Yoma Strategic’s H2 profit falls 12.4% to US$18.3 million

Yoma Strategic’s H2 profit falls 12.4% to US.3 million

[SINGAPORE] Yoma Strategic Holdings posted a 12.4 per cent decline in net profit for the second half-year ended Mar 31 to US$18.3 million, from US$20.9 million in the same period last year.  This was mainly due to lower net fair value gains recorded on its investment properties in Myanmar, the conglomerate said in a regulatory…

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Julius Baer faces US$156 million loan loss charge

Julius Baer faces US6 million loan loss charge

[ZURICH] Julius Baer Group said it’s booking another large loss from property developments it helped finance, just as the Swiss wealth manager is emerging from a crisis triggered by its exposure to Rene Benko’s Signa real estate empire. The Zurich-based bank disclosed late Tuesday (May 20) that it’s taking a loan-loss charge of US$156 million…

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Accenture to promote 50,000 staff after six-month delay

Accenture to promote 50,000 staff after six-month delay

The move comes as the New York-listed company grapples with a pullback in client spending and greater scrutiny of US government contracts under US President Donald Trump Published Wed, May 21, 2025 · 02:10 PM [MUMBAI] Accenture will promote almost 50,000 people worldwide in June as the company tries to boost morale after a six-month…

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Covid-19 testing demand surges as cases spike across Asia

Covid-19 testing demand surges as cases spike across Asia

Phase Scientific has developed the world’s first urine-based human papillomavirus test, and is planning to expand that business globally Published Wed, May 21, 2025 · 01:56 PM [BEIJING] Demand for Covid-19 tests is increasing in Hong Kong as cases surge in recent weeks, according to the top executive of diagnostic kit maker Phase Scientific International.…

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