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Singapore bank DBS posts record quarterly profit, sees 2025 dip from tax changesSingapore's biggest bank DBS Group posted on Thursday (Nov 7) a record net profit in...
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The healthcare crisis in Gaza and the West BankOn Thursday, Sept. 19, students, faculty and community members gathered at the Medical and Research...
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Nikkei Plunges 12.4%, Logging Its Worst Two-day Decline in HistoryJapan’s benchmark Nikkei 225 stock index plunged 12.4% on Monday, resuming sell-offs that are shaking...
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Palestinians fear escalation after destructive West Bank assaultThe atmosphere in Jenin refugee camp feels like one I have witnessed elsewhere - in...
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UBS agrees 'emergency rescue' of Credit SuisseTroubled bank Credit Suisse has been rescued by its Swiss rival UBS in a government-backed...
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UBS seeks US$6 billion in government guarantees for Credit Suisse takeoverUBS AG is asking the Swiss government to cover about US$6 billion in costs if...
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Global bank stocks slump despite Biden reassurancesBank shares in Asia and Europe have slumped, despite reassurances from the US president that...
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Silicon Valley Bank: Money in failed US bank is safe - US governmentPeople and businesses who have money deposited with failed US bank Silicon Valley Bank (SVB)...
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Worry for tech start-ups after Silicon Valley Bank failureSilicon Valley Bank's stunning collapse has led to the freezing of tens of billions of...
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Taiwan asks state-owned banks to 'appropriately handle' China exposureTaiwan has asked state-owned banks to "appropriately handle" their exposure to China, Finance Minister Su...
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Indonesia November inflation cools further but stays above targetIndonesia's inflation eased in November but stayed above the central bank's target range for the...
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Overseas investors cut China bond holdings for fourth month in MayOverseas investors reduced holdings of Chinese bonds for a fourth consecutive month in May, and...
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Russia’s Sberbank to close London investment armRussian lender Sberbank said on Friday it was winding down operations at its investment arm...
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Higher shipping costs are fuelling surge in inflation, IMF saysThe coronavirus pandemic's disruption of global supply chains over the past two years led to...
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HSBC more than doubles 2021 pre-tax profit amid continued recoveryHSBC, Europe's largest lender, said its full year 2021 pre-tax profit more than doubled and...
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Global banks place bets on how many US Fed rate increases are in store for 2022Major investment banks have pencilled in a strong run of interest rate increases for 2022...
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Here's why Europe's lone female boss of an investment bank is on a hiring spreeThe sole woman in charge of an investment bank in Europe is wielding a unique...
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Electricity-sector emissions must fall by 55% by 2030 to meet net zero targets, IEA saysCountries must achieve a 55 per cent reduction in carbon emissions from electricity by 2030...
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Global sukuk issuances surge 36% in 2021 to $252.3bnGlobal sukuk issuances surged by 36.1 per cent in 2021 to $252.3 billion and are...
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Lebanon’s prime minister backs central bank governor despite corruption probesLebanon’s Prime Minister Najib Mikati said on Tuesday that central bank governor Riad Salameh should...
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What is the best way to plan for inflation as you approach retirement?Inflation scares everybody, but it is particularly menacing if you are reaching the end of...
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India cenbank may launch digital currency pilot next year: reportThe Reserve Bank of India's digital currency may see its pilot launch in the first...
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Analysis-Bank of Japan's tricky balancing act squeezes Tokyo money marketA Bank of Japan scheme introduced to support smaller lenders hurt by its ultra-low interest...
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BOJ to consider reviewing scheme to aid regional banks -NikkeiThe Bank of Japan will consider reviewing a scheme aimed at revitalising regional banks, the...
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U.S. consumer confidence hits 10-year low amid rising inflationRising prices taking a bite out of American wallets caused consumer sentiment to drop to...