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Latest Singapore 1-year T-bill cut-off yield drops to 1.68%

Figure is down from the 2.29 per cent offered in the auction for the previous one-year tranche in April

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Deutsche Bank posts better-than-expected Q2 profit

Deutsche Bank returned to a better-than-expected profit in the second quarter from a year ago despite mixed results at its global...

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Deutsche Bank beats profit expectations despite deal slump, strong euro

Germany’s largest lender’s profit in the first half of the year is the highest since 2007

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Trump to visit Federal Reserve on Thursday, ramping up pressure on Powell

US PRESIDENT Donald Trump, a robust critic of Federal Reserve Chair Jerome Powell, will visit the central bank on Thursday, the White...

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Rate cuts seen lifting Philippine bonds from Asia’s lowest ranks

The South-east Asian nation’s bonds have an edge due to its minimal correlation with Treasuries, which are facing pressure due to US...

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ECB expected to hold rates as more Trump tariffs loom

The European Central Bank looks set to keep interest rates unchanged on Thursday while the introduction of higher US tariffs threatened...

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Macquarie’s quarterly profit falls, CFO Harvey decides to step down

AUSTRALIA’S top investment bank, Macquarie Group, reported a decline in first-quarter net profit on Thursday and announced that chief financial officer Alex...

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Bank of Japan watchers still predict next rate hike in October or January

With the outlook on tariffs now clearing, a primary focus of next week’s central bank gathering will be its quarterly economic outlook...

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Heavier anti-money laundering penalties could help Singapore maintain high standards as wealth hub

Action against those at the heart of 2023’s billion-dollar bust may have long been concluded, but the Republic’s AML war is far...

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Bank of America to buy back US$40 billion of shares in new programme

The announcement follows buyback plans from some of the biggest US banks after they passed this year’s US Federal Reserve stress tests

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