Featured Archives • Page 191 of 1407 • Financial News

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Why China’s banks are hunting for fortunes stashed abroad

The pressure on the world’s second-largest economy’s financial system and the balance sheets of lenders is immense

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Circle falls after company, holders offer 10 million shares

Shareholders can be released from the so-called lock-up agreements when the stock is up substantially from the IPO price and there is...

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Japan’s bond market risks back in focus ahead of five-year sale

Governor Kazuo Ueda rebuffing concerns the central bank is behind the curve in taming inflation

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Commonwealth Bank of Australia’s posts record full-year cash profit

COMMONWEALTH Bank of Australia reported its best full-year cash earnings and announced a record dividend payout on Wednesday, as strong growth in...

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Do Kwon pleads guilty to fraud over US$40 billion Terra collapse

US prosecutors say that the longest sentence they will seek under the plea deal is 12 years

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Yangzijiang Financial H1 net profit up 28% at S$137.7 million

The higher earnings come on the back of reversal of credit loss allowances and higher contributions from maritime joint ventures

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Top Philippine bank likely to sustain record profit, CEO says

BDO Unibank, the Philippines’ biggest lender, expects to sustain record-high earnings this year on broad-based growth in lending, its chief executive...

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Norway’s US$1.9 trillion wealth fund returns 5.7% in H1

The return was led by equities, which rose by 6.7%

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Australia’s central bank cuts rates to two-year low of 3.6%

Australia’s central bank on Tuesday cut its main cash rate by a quarter point to a two-year low of 3.60 per...

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RBA cuts interest rates, signals more to come as inflation slows

The Reserve Bank of Australia board slashes the main cash rate by a quarter point to 3.6%

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