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Exchange operator Nasdaq is holding active talks with companies considering stock market debuts, CEO Adena Friedman said on Thursday, underscoring the US economy’s resilience despite…
Bank, Sumitomo Mitsui Banking and Mizuho Bank are considering jointly operating automated teller machines (ATMs) to reduce costs, said sources familiar with the matter. The…
In Prime Video’s “The Better Sister,” Jessica Biel and Elizabeth Banks play estranged sisters Chloe and Nicky, who share everything from secrets to their first husband. What begins as a…
There have been several TV series recently centering on the intricacies of sisterhood. From Netflix’s “Sirens” to Peacock’s “Long Bright River,” this particular sibling connection is…
Big U.S. banks are holding internal discussions about expanding into cryptocurrencies as they get stronger endorsements from regulators, but initial steps will be tentative, centering on…
The sharp increase highlights Beijing’s determination to accelerate the use of the renminbi in global trade China’s central bank asked its major lenders to raise the share of…
The temperatures are heating up and school’s almost out for the summer. Before we fully dive into the warmer months and vacations, we get a mini-break in the form of Memorial Day weekend—a…
Deposit balances double to S$3.8 billion, from S$1.9 billion a year ago, attributable to the launch of Trust+ Trust Bank on Friday (May 23) reported a loss of S$93.4 million for the…
Thai banks’ non-performing loans rose to 2.90 per cent of outstanding loans at the end of March from 2.78 per cent at the end of December, the central bank said on Tuesday (May…
MAJOR Chinese banks cut deposit rates again, in the latest efforts to preserve their shrinking profitability and drive consumers to spend more amid a flagging economy. Lenders including…
Foreign banks sold a record amount of Indian government bonds on Thursday (May 8), as a growing border conflict with Pakistan weighs on investor sentiment. They sold a net US$1.2 billion…
The local banking trio have taken extra allowances in their first-quarter 2025 results amid a rise in uncertainty in the macroeconomic environment. DBS, OCBC and UOB each said this was a…
A sharp rally in Asian currencies is set to boost demand for wealth and forex products as clients seek alternatives to US dollar-denominated assets and demand for hedging grows amid trade…
Professional troll and occasional rapper Kanye West went head-to-head with professional troll and occasional journalist Piers Morgan, and the results were as uncomfortable as you might…
ONAL Australia Bank, the country’s biggest business lender, said on Wednesday its first-half cash earnings rose 1 per cent, helped by growth in lending volumes and lower…
One of this year’s biggest listings is coming together in Hong Kong without the involvement of Wall Street banks. Chery Automobile’s planned Hong Kong initial public offering (IPO), which…
AUSTRALIAN shares touched a two-month high on Friday, on track for a seven-day rally, as gains in financials overshadowed the decline in gold-related stocks. The S&P/ASX 200 index rose 0.5…
South Korea, Singapore and China’s currencies are likely to be the biggest Asian beneficiaries as central banks look to diversify their reserves away from the US dollar, according to…
Bank Negara Indonesia (BNI) and Bank Mandiri, Indonesia’s state-owned banks, are pulling out all the stops to make their mark in Singapore’s competitive wealth management sector. This…
[SHANGHAI/HONGKONG] China’s Big Five lenders on Tuesday (Apr 29) reported narrower margins on their first-quarter earnings and some a drop in profits as the banking sector is hit by a…
The Daily Front Row rolled out the red carpet on Thursday night for the Fashion Los Angeles Awards at the Beverly Hills Hotel. The evening, hosted by funny man Matt Rogers, honored…
The rally – led by private lenders – reflects growing investor confidence that the sector’s credit growth is recovering from last year’s slump Shares of Indian lenders rallied to…
Friday, April 18, 2025, is Good Friday. But when it comes to what places are open and closed on Good Friday, things can be a bit tricky. That’s because Good Friday is not a federal holiday…
The chairman of a US congressional committee on China is calling on Bank of America and JPMorgan Chase to withdraw from working on the Hong Kong first-time share sale of battery maker…
