Speculation that the row between Qatar and its Mideast neighbors will spill more broadly into the global gas market were raised as two Qatari LNG shipments, believed to be U.K.-bound, abruptly changed direction in the Gulf of Aden Thursday. And… Read More ›
Day: June 9, 2017
Investors Haven’t Lost Interest Even Though E-Commerce May Be Biting Singapore’s Retail Real-Estate
Investors are still eyeing the city-state of Singapore as Singapore’s malls have felt the pinch similar to the other bricks-and-mortar retailers globally who have taken a hit from e-commerce. But that doesn’t mean investors are entirely gung-ho. But expecting the… Read More ›
Matt Zames JPMorgan Chase’s CIO retires from the bank
Zames was the leading contender for replacing Jamie Dimon,61, at the helm of the bank. On Thursday, JPMorgan Chase & Co disclosed Matt Zames, its Chief Operating Officer who was once seen as a successor to Jamie Dimon, its CEO,… Read More ›
U.S. Labour Department rescinds “persuader rule” on union campaigns
The rule had come under attack from corporate trade groups and in contrast was championed by unions. On Thursday, in a major step, the U.S. Labour Department has rescinded a rule that require corporate employers and their lawyers to provide… Read More ›
Sterling takes a beating as exit polls predict a hung assembly
Much like the June 23 referendum, the British elections could yield some rather unexpected results. With the British elections appearing not to provide a single party a clear majority, investors who had already weathered major risks in Europe and in… Read More ›