Borrowing to fund AI raises worries over aggressive spending on tech that has not yet delivered consistent returns
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UBS logs forecast-beating quarterly profit, flags US$3 billion in new buybacks by end-June
The share buyback plans follow US$3 billion worth completed in July
AirTrunk gets US$2.3 billion green loan for Johor data centre
Global coordinators that led the financing include Credit Agricole, DBS, HSBC, Sumitomo Mitsui Banking and UOB
StanChart unveils fresh US$1 billion buyback as Q2 earnings beat estimates
The lender posts a pre-tax profit of US$2.33 billion for the three months through June
