DBS Group Holdings Ltd, Southeast Asia's biggest lender, reported an 8.5 percent rise in quarterly profit on Monday to beat market estimates, powered by a rise in net interest income.
Industrial machinery maker Gardner Denver Holdings Inc is nearing a deal to merge with a division of Ingersoll-Rand Plc, creating a business that would have an enterprise value, including debt, of about US$15 billion, The Wall Street Journal reported on Sunday.
A whistle blower at Swiss asset manager GAM Holding AG who alerted UK financial regulators last year did so over concerns about the purchase of more than half a billion pounds of bonds from commodities tycoon Sanjeev Gupta, according to two people familiar with the matter.
Jaguar Land Rover, Britain's largest auto manufacturer, said on Monday it is testing software that will allow drivers of its cars to earn the IOTA cryptocurrency as a reward for sharing data.
UBS' invested assets at its wealth management division in Asia-Pacific hit US$405 billion in the first quarter of 2019, said the world's largest private bank.
PENSION funds, other institutions and family offices are buying hedge funds hoping that they will be an antidote to uncertainty.
THE extreme low volatility of the US dollar against the Singapore dollar is rare and untenable and could portend a multi-year explosive price action, said a United Overseas Bank strategist.
US regulators considered grounding some Boeing 737 MAX planes last year after learning belatedly of a problem with a system that is now the main suspect in two deadly crashes, a source close to the matter said.
Adam Grant, organisational psychologist at Wharton and author of Originals says working with your closest competitor might expand the “win” pie.
The deadline for bids to take part in a plan to rescue Italian flagship carrier Alitalia is next Tuesday, Italy's Deputy Prime Minister Luigi Di Maio said on Sunday.
