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’s first-half profit rises 9%, announces US$1 billion share buyback
Pretax profit for the first six months of this year reached US$4.78 billion
StanChart’s first-half profit rises 9%
Pretax profit for the first six months of this year reached US$4.78 billion
