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ANZ’s H1 cash earnings largely flat, margins stay pressured

AUSTRALIA’S ANZ Group reported largely flat first-half cash earnings on Thursday (May 8), as persistent competition in the home loan market and a rise...

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Manulife profit rises as Asia, wealth management businesses see strong growth

MANULIFE Financial posted a 3 per cent jump in first-quarter profit on Wednesday, helped by the strong performance of its insurance business...

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Granite Asia’s first private credit fund hits US$250 million at first close

Granite Asia announced that it has secured over US$250 million from anchor investors for its first private credit fund, Libra Hybrid...

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Granite Asia’s first private credit fund hits US$250 million

Libra Hybrid Capital Fund’s key strategy is to offer secure loans to mid-market companies in Asia-Pacific as they scale regionally and globally

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Robinhood plans blockchain to trade US assets in Europe

Robinhood Markets is developing a blockchain-based platform that will allow retail investors in Europe to trade US securities such as...

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Federal Reserve chair says Trump criticism ‘doesn’t affect doing our job at all’

Federal Reserve Chair Jerome Powell said on Wednesday that US President Donald Trump’s vocal criticism of the central bank’s interest rate...

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DBS Q1 profit falls 2% to S$2.9 billion; pays S$0.75 in dividends

DBS’ net profit for its first quarter fell due to higher tax expenses from the implementation of the 15 per cent...

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DBS Q1 profit falls 2% to S$2.9 billion; pays S$0.75 per share in dividends

Profit before tax up 1% on the year to a record S$3.44 billion

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UBS cuts bond, loan sale outlook by US$235 billion on trade tumult

UBS Group lowered its forecast for US corporate debt issuance this year, citing volatility tied to US President Donald Trump’s...

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US Fed leaves interest rates unchanged, cites rising risk of higher inflation and unemployment

The Federal Reserve held interest rates steady on Wednesday but said the risks of higher inflation and unemployment had risen, further clouding...

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