Posts by Nathan Pine
Swiss parliament panel fails to reach deal on UBS capital rules
Some lawmakers want to soften tougher rules drafted by the government after Credit Suisse’s collapse Published Tue, Aug 11, 2026 · 11:34 PM [BERN] A Swiss parliamentary committee on Tuesday (Aug 11) failed to reach an agreement on proposed new banking regulations for UBS as some lawmakers pushed to soften tougher rules drafted by the…
Read MoreMicrosoft plans to unveil next-gen AI chip in September: report
Tech firm said to have talked with TSMC to secure production capacity for over 300,000 units for delivery in 2027 Published Mon, Aug 10, 2026 · 10:40 PM [SEATTLE] Microsoft is planning to unveil its new Maia 300 artificial intelligence chip this fall, potentially as soon as next month, The Information reported on Monday (Aug…
Read MoreDBS, OCBC surge on strong H1 results but don’t overlook the potential of underdog UOB
[SINGAPORE] There was a lot riding on the financial results of DBS, OCBC and UOB last week – with some analysts calculating that the three stocks had accounted for nearly 89 per cent of the Straits Times Index’s gain since the beginning of the year, up to Jul 30. Fortunately, the three banks delivered sufficiently…
Read MoreSK Hynix said to mull options for US$3 billion Chongqing plant
Published Sat, Aug 8, 2026 · 04:25 PM [HONG KONG] South Korea’s SK Hynix is considering options for its Chongqing, China-based facility, including bringing in an investor to help accelerate growth, according to people with knowledge of the matter. The company, a key supplier of high‑bandwidth memory chips to Nvidia, is speaking with prospective advisers…
Read MoreChina’s Beijing further relaxes home-buying curbs in property boost bid
Published Fri, Aug 7, 2026 · 10:46 PM [BEIJING] Beijing’s municipal authorities announced on Friday (Aug 7) further measures to relax home-buying curbs as they try to prop up flailing home prices in the Chinese capital. China’s housing market slump, now in its fifth year, has been constraining household consumption and exacerbating the economy’s imbalance…
Read MoreSGX has IPO pipeline of around 50 companies in various stages of readiness amid record results
It reports a 7.8% rise in FY2026 net profit to S$698.4 million, driven by gains across all segments [SINGAPORE] Singapore Exchange (SGX) says its pipeline of initial public offerings (IPOs) has grown to about 50 companies in “various stages of engagement and preparation”, even as the bourse reported on Thursday (Aug 6) record revenue and…
Read MoreWhat the Stock Market’s Record Rally Has to Do With Rescuing the Yen
The U.S. Treasury Department’s official reason for intervening in the Japanese yen last week was to prop up a major currency that is critical to global trade and stabilize the finances of an important ally. But the unusual move also served to calm anxious investors around the world, underscoring how myriad market risks are tightly…
Read MoreAir India taps Ethiopian Airlines veteran as CEO
Published Wed, Aug 5, 2026 · 09:44 PM [NEW DELHI] Air India announced Tewolde Gebremariam will succeed Campbell Wilson as the chief executive officer amid the Tata Group-owned carrier’s struggles to recover from last year’s deadly plane crash and mounting losses linked to geopolitical tensions. Tewolde was earlier with the Ethiopian Airlines Group, according to…
Read MoreS&P 500 hits record high on strong AI-linked earnings, Middle East deal hopes
Recent gains have been driven by strong earnings from artificial intelligence heavyweights Published Tue, Aug 4, 2026 · 09:52 PM [BENGALURU] Wall Street’s benchmark S&P 500 hit an intraday record high for the first time since early June on Tuesday (Aug 4), boosted by upbeat artificial intelligence-driven forecasts from Caterpillar and Palantir and hopes for…
Read MoreUBS to pay US$125 million in fines over anti-money laundering violations
This is the largest-ever fine against a broker-dealer for Bank Secrecy Act violations Published Tue, Aug 4, 2026 · 12:17 AM UBS Financial Services (UBSFS), a subsidiary of UBS Group, has agreed to pay US$125 million in fines to settle allegations by the US government that it wilfully and repeatedly violated anti-money laundering (AML) rules. …
Read MoreGreat Eastern’s big rally – activist investors can be crucial part of market ecosystem
MAS and SGX should seek to make responsible shareholder activism more culturally acceptable in the local market [SINGAPORE] Some shareholders of Great Eastern (GEH) who resisted OCBC’s attempt to fully acquire and delist the insurer two years ago may have felt vindicated by the strong financial numbers it reported last week, and by the big…
Read MoreNew York City spared downgrade by Fitch and Moody’s, for now
Published Sat, Aug 1, 2026 · 10:13 AM [NEW YORK] New York City avoided a debt downgrade on Friday (Jul 31) by two major credit-rating companies, though both warned the city must take steps to narrow projected deficits or risk a cut – despite the current boom on Wall Street. Fitch Ratings and Moody’s Ratings…
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