The Business Times

Wall Street

Global Enterprise

Six Wall Street bank chiefs hold most power since global crisis

Pay jumped nearly 10% in H1 2025, hinting Wall Street bonuses may top last year’s record
Banking & Finance

Wall Street bonuses expected to hit record as bank profits surge

OpenAI has also granted the contractors early access to the AI its creating that aims to replace entry-level tasks at investment banks.
Banking & Finance

OpenAI recruits ex-bankers to train AI to eliminate banking grunt work

Bank of America Merrill Lynch sees gold reach US$5,000 per ounce by next year. The rationale is brutally simple – investment demand.
Wealth & Investing

Gold’s ‘semi-rational’ run gives Wall Street vertigo

AMD’s chip-supply tie-up with OpenAI became the latest in a series of artificial intelligence deals, offseting concerns around a prolonged federal government shutdown
Companies & Markets

US: Wall Street indices open higher on AI boost

For the week, Straits Times Index clocked 3.4 per cent improvement.
Capital Markets & Currencies

Singapore shares continue to climb; STI up 0.4%

All three major indices gained for the week, with the S&P 500 and Nasdaq lifted by a revival in artificial intelligence trade.
Companies & Markets

US: Nasdaq notches record high close, traders look to Fed meeting

Even though the Fed has hiked rates eleven times from March 2022 to July 2023, Wall Street continues to scale new heights because of the entrenched position the "Fed put" occupies.
Opinion & Features
THINKING ALOUD

Is the US Federal Reserve truly independent? The ‘Fed put’ says otherwise

JPMorgan Chase has recently added several senior bankers in technology, energy and activism defence and hired more than 300 bankers between January and April across its global banking unit.
Banking & Finance

Wall Street hires more senior bankers as growing confidence spurs deal rebound

The broad-based S&P 500 Index fell 0.6 per cent to 6,411.37, while the tech-focused Nasdaq Composite Index fell 1.5 per cent to 21,314.95.
Capital Markets & Currencies

US: Wall Street mostly declines as tech names pull back from highs

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