JPMorgan picks HSBC, StanChart to run $500bn custody business in Hong Kong, Taiwan HONG KONG: JPMorgan Chase has selected HSBC and Standard Chartered to operate its custody businesses in Hong Kong... Published 01 Mar, 2024 10:20am
Business & Finance Capital One to buy Discover for $35.3bn NEW YORK: US banking giant Capital One announced Monday it will acquire financial services company Discover in a... Published 21 Feb, 2024 05:29am
Markets Treasury bills squeezed as debt ceiling deadline looms SINGAPORE: Short-dated Treasury bills were under pressure on Tuesday and the cost of insuring against a US default... Published 02 May, 2023 10:31am
Markets Gold pulls back after brief run to $2,000 on US banking woes NEW YORK: Gold eased back on Wednesday as yields recovered with the focus returning to upcoming economic data, after... Published 27 Apr, 2023 06:24am
Markets Japanese rubber futures extend losses SINGAPORE: Japanese rubber futures are set for a seventh drop in eight days on Tuesday, as oil prices slid and... Published 15 Mar, 2023 06:01am
Business & Finance Citigroup misses profit estimates on provision hike, dealmaking slowdown Citigroup Inc reported a 21% fall in quarterly profit on Friday, missing forecasts, as the bank increased provisions... Published 13 Jan, 2023 09:03pm
Business & Finance BofA profit beats estimates as higher rates bolster interest income Bank of America Corp reported a bigger-than-expected fourth-quarter profit on Friday, helped by a surge in net... Published 13 Jan, 2023 06:36pm
Business & Finance Goldman Sachs platform solutions business lost $1.2bn in 9-months Goldman Sachs Group Inc disclosed a pretax loss for its newly-created platform solutions business of $1.2 billion... Published 13 Jan, 2023 06:32pm
Business & Finance Wells Fargo profit falls 50% on higher reserves, costs Wells Fargo & Co on Friday reported a 50% decline in profit for the fourth quarter as the bank racked up more... Published 13 Jan, 2023 06:29pm
Business & Finance JPMorgan beats profit estimates, sees mild recession JPMorgan Chase & Co said on Friday it set aside $1.4 billion in anticipation of a mild recession, even as it... Published 13 Jan, 2023 06:15pm
Markets US banks get ready for shrinking profits and recession NEW YORK: US banking giants are forecast to report lower fourth quarter profits this week as lenders stockpile... Published 10 Jan, 2023 12:01pm
Air Link CEO confirms company has imported 2 units of Xiaomi SU7, but talk of assembly plant premature
Internet loadshedding?: netizens report disruption in various services on mobile broadband in Pakistan
Air Link CEO confirms company has imported 2 units of Xiaomi SU7, but talk of assembly plant premature