JPMorgan profit rises 6% even as interest income forecast falls short of predictions JPMorgan Chase’s profit rose 6% in the first quarter, although its shares dropped after the bank’s forecast for its... Published 12 Apr, 2024 07:21pm
Markets Oil prices climb on supply risk HOUSTON: The Brent and US West Texas Intermediate crude oil benchmarks rose more than $1 a barrel during trade on... Published 07 Apr, 2024 03:01am
Business & Finance JPMorgan bets on new wealth planning tool to draw investments NEW YORK: JPMorgan Chase seeks to expand the reach of its wealth management business and bring in more investments ... Published 29 Mar, 2024 04:45am
Business & Finance JPMorgan appoints Rita Chan, Alan Ho as China co-senior country officers SYDNEY: JPMorgan has appointed Rita Chan and Alan Ho as co-senior country officers for China, according to a memo... Published 28 Mar, 2024 10:28am
Markets Oil prices advance on tighter supply outlook LONDON: Oil prices firmed on Thursday, following two consecutive sessions of decline, as investors saw a tighter... Updated 28 Mar, 2024 05:41pm
Business & Finance HSBC to hire almost 50 bankers for startup, venture lending in US NEW YORK: HSBC is planning to recruit about 50 more bankers in its US commercial bank to lend to startup companies,... Published 22 Mar, 2024 04:57am
Business & Finance Global banking watchdog cracks down on big lenders gaming capital requirements LONDON: Global banking regulators proposed measures on Thursday to crack down on the world’s biggest banks that game... Published 08 Mar, 2024 03:14am
Business & Finance Big firms with $7trn exit climate investment pressure group NEW YORK: A pair of large investment companies with nearly $7 trillion in assets, said Thursday they exited a ... Published 17 Feb, 2024 05:51am
Business & Finance JPMorgan to open more than 500 new bank branches over next three years NEW YORK: JPMorgan Chase said on Tuesday it was embarking on one of its most aggressive bank branch expansions in... Published 06 Feb, 2024 05:15pm
Markets Hong Kong stocks surge more than 3% on China support pledge HONG KONG: Shares in Hong Kong and mainland China soared Tuesday as Beijing ramped up efforts to bolster the... Published 06 Feb, 2024 12:11pm
Markets Oil buoyed by US signals on interest rate cuts LONDON: Oil prices edged higher on Thursday, boosted by the U.S. Federal Reserve signalling a possible start to... Updated 01 Feb, 2024 05:31pm
BR Research Oil prices: Resilient in tough times The Red Sea remains a battle zone. Vessels are rerouting despite a heavy presence of naval fleets to counter the... Published 24 Jan, 2024 07:46am
Business & Finance JPMorgan profit shrinks NEW YORK: JPMorgan Chase reported its best ever annual profit and forecast higher-than-expected interest income for... Published 15 Jan, 2024 05:03am
Markets S&P 500, Nasdaq climb as fresh data boosts rate-cut bets again NEW YORK: The benchmark S&P 500 and the Nasdaq rose on Friday after services sector data pointing to a weaker... Published 06 Jan, 2024 05:17am
Business & Finance Foreign inflows into Indian bonds spike to 6-year high in 2023 before index inclusion MUMBAI: Foreign investment in Indian government bonds saw a remarkable jump in the last three months of 2023, with... Published 02 Jan, 2024 05:21am
Markets Indian shares, bonds seen rallying in 2024 on continued foreign inflows MUMBAI: The bull-run in Indian financial markets is likely to continue in 2024 as foreign interest remains robust,... Published 01 Jan, 2024 05:40am
Business & Finance Indian rupee falls for sixth straight year MUMBAI: The Indian rupee’s decline in 2023 was the smallest in a six-year losing streak, while volatility hit... Published 30 Dec, 2023 06:28am
Markets Wall Street bank bosses warn lawmakers of economic toll from tough new rules WASHINGTON: JPMorgan chief executive Jamie Dimon and other major banks warned lawmakers Wednesday that capital hikes... Published 07 Dec, 2023 04:35am
Markets US natural gas futures decline NEW YORK: US natural gas futures dropped to their lowest in about two months on Friday and were set for a third... Published 26 Nov, 2023 03:31am
Markets Copper on track for another weekly gain LONDON: Copper prices in London were on track for a second consecutive weekly gain on Friday, helped by efforts to... Published 26 Nov, 2023 03:31am
Markets JPMorgan strategists advise opening a short in European banks, upgrade healthcare LONDON: Strategists at JPMorgan have advised opening a ‘short’ position in European banks, and moved the sector from... Published 30 Oct, 2023 01:01pm
Markets JPMorgan Chase profits jump, warns inflation could persist NEW YORK: JPMorgan Chase reported another highly profitable quarter Friday, but warned inflation could persist and... Published 13 Oct, 2023 05:23pm
Pakistan ‘Comfortably placed’: SBP chief says end-Sept targets with IMF met Remarks come during meetings with key international institutions organised by Barclays, JP Morgan, Standard Bank, and Jefferies Updated 13 Oct, 2023 11:19pm
Business & Finance BoE approached UK lenders to gauge interest in troubled Metro Bank: FT LONDON: The Bank of England’s Prudential Regulation Authority approached a number of big UK lenders this week to... Published 09 Oct, 2023 06:24am
BR Research Oil: Enter the bears The oil bull rally finally lost steam. Having threatened to touch the magical $100/bbl and go beyond – just two... Published 06 Oct, 2023 08:51am
Business & Finance Cross-border payments: HBL, J P Morgan’s Xpedite Remit sign agreement KARACHI: HBL, the largest bank in Pakistan has entered into an agreement with J.P. Morgan Payments, to provide... Published 06 Oct, 2023 03:03am
Markets BNP Paribas upbeat on India bonds after JPMorgan inclusion, sees 10-year rally MUMBAI: The recent addition of Indian government bonds to JPMorgan’s emerging market bond indexes has prompted BNP... Published 28 Sep, 2023 05:53pm
Business & Finance Kenya walking ‘tightrope’ due to debt strains: JPMorgan LONDON: Kenya’s mounting debt strains mean it is “walking a tightrope” to avoid a crisis, US investment bank... Published 26 Sep, 2023 07:19pm
Business & Finance JPMorgan CEO blasts draft capital rules NEW YORK: JPMorgan Chase CEO Jamie Dimon blasted stricter capital rules proposed by US regulators, telling investors... Published 18 Sep, 2023 06:32am
Markets Japanese rubber futures rally on stimulus hopes SINGAPORE: Japanese rubber futures rose for a sixth straight session on Tuesday in the contract’s longest rally... Published 23 Aug, 2023 05:50am
