Singapore Exchange To Bolster IPO Profile: WSJ
Singapore Exchange Ltd. plans to tighten qualifying criteria for listing on its main board in an effort to boost the exchange's profile and attract higher quality companies, according to report Friday in The Wall Street Journal.
Asian Shares Take Breather After Strong Gains
Asian markets were little changed on Friday, taking pause after the large gains made in the previous session, as select stocks were buoyed by strong U.S. corporate earnings, though weaker employment data spoiled sentiment.
Banks in Libor Probe Mull Group Settlement
Banks under investigation for possible collusion in a widening interest rate scandal are mulling a group settlement to avoid a Barclays-style backlash from regulators and politicians, Reuters reported late Thursday, citing unnamed sources.
Deutsche Bank Plans Revamp - Report
Deutsche Bank AG (DB) will curtail its slumping asset management business and reduce employment in investment banking by 1,000 positions, mainly in New York and London, German daily Financial Times Deutschland reported Friday without citing specific sources.
Hong Kong Stocks Waver; Energy Up, Property Down
Hong Kong stocks moved about between modest gains and small losses in early trading Friday, with gains for telecommunication and energy shares providing support as financial and property sectors suffered declines.