Singapore bank DBS' Q2 profit beats estimates; expects record year
By Yantoultra Ngui SINGAPORE (Reuters) -Singapore's biggest bank DBS Group said on Thursday its second-quarter profit jumped a forecast-beating 48%
2023-08-03 09:22
KKR, JIC Shortlisted for Fujitsu’s $2.7 Billion Stake in Shinko Electric, Sources Say
Apollo Global Management Inc., Bain Capital and KKR & Co. are among suitors shortlisted in the bidding for
2023-08-03 08:48
U.S. Bancorp to Sell Shares to MUFG After Union Bank Acquisition
U.S. Bancorp plans to issue $936 million in shares to Mitsubishi UFJ Financial Group Inc. following its acquisition
2023-08-03 08:26
China Spooks Commodity Traders With Probe Into Suspicious Deals
Chinese authorities are intensifying a crackdown on some commodities transactions they view as offering little economic benefit, leading
2023-08-03 08:23
GM JV battery firm rejects including Ohio workers under national agreement
By David Shepardson A General Motors LG Energy Solution battery joint venture on Wednesday said it does not
2023-08-03 07:58
Morgan Stanley Says Take Profits on China, Downgrades Shares
Morgan Stanley cut its rating on Chinese stocks to equal weight Wednesday, saying investors should capitalize on a
2023-08-03 07:56
Bank of England May Slow Pace of UK Rate Hikes
The Bank of England is likely to boost interest rates again on Thursday, but a slowing in the
2023-08-03 07:29
Brazil central bank kicks off rate cuts more aggressively than expected
By Peter Frontini SAO PAULO Brazil's central bank kicked off its rate-cutting cycle more aggressively than expected on
2023-08-03 07:28
Fitch Downgrades Fannie Mae and Freddie Mac One Notch to AA+
Fitch Ratings downgraded the credit scores of Fannie Mae and Freddie Mac to AA+ from AAA, a day
2023-08-03 07:25
Bank of England set to raise rates for 14th time in a row
By David Milliken LONDON The Bank of England is expected to raise interest rates to a 15-year high
2023-08-03 07:17
Occidental Petroleum misses on quarterly profit, raises full-year output
By Mrinalika Roy and Arathy Somasekhar (Reuters) -Occidental Petroleum on Wednesday raised its full-year production forecast by 1%, but missed
2023-08-03 07:15
Asia Stocks to Fall as US Shares, Treasuries Drop: Markets Wrap
Asian equity futures fell after heavy selling in US stocks and long-dated Treasuries as investors digested data showing
2023-08-03 06:58