The Business Times

WALL Street's top regulator on Wednesday (Sep 18) unanimously voted to allow stock exchanges to price many stocks in increments of half a penny, rather than the current minimum size of one cent, aiming to promote more competitive pricing and reduce investor costs on the US$55 trillion US equities markets.

CORDLIFE Group has been granted a reprieve, following the Ministry of Health's (MOH) notice on Aug 29 that it could resume some cord-blood banking services in a “controlled manner” from Sep 15.

BARCLAYS is expanding its investment banking franchise in North America with two hires and a promotion in its industrial practice.

BITCOIN was little changed after the US Federal Reserve reduced borrowing rates for the first time since the Covid pandemic paralysed the economy more than four years ago and helped cryptocurrencies break into the mainstream.

THE US Justice Department on Wednesday said it had neutralised a cyber-attack network that affected 200,000 devices worldwide, alleging it was run by hackers backed by the Chinese government.

The group's cumulative new contracts secured in the financial year ending Dec 31 stands at about RM152.3 million

THE requisitionists of Sabana Industrial Real Estate Investment Trust (Sabana Reit) will proceed with an extraordinary general meeting (EGM) to vote on the proposed internal manager directors.

SINGAPORE stocks started Thursday (Sep 19) on a muted note, after US indices and Europe's main stock index fell overnight.

PURE-PLAY US office real estate investment trusts (Reits) listed in Singapore were trading in positive territory on Thursday (Sep 19) morning, following interest rate cut of 50 basis points by the US Federal Reserve.

SHARES of SK Hynix plunged, leading peers lower, after Morgan Stanley cut its rating on the Korean memory chipmaker two notches citing its fading pricing power.