Category Archives:
Singapore lender UOB’s Q1 core net profit leaps 74% to record $1.2 billion
SINGAPORE (Reuters) - Singapore's United Overseas Bank reported on Thursday a 74% surge in core net profit in the first quarter from a year earlier on the back of strong net interest and non-interest ...
Apr 26, 2023
Euro near one-year peak as US economic risks weigh on dollar
By Kevin Buckland TOKYO (Reuters) - The euro hovered near a one-year high versus the dollar on Thursday, as Europe's resilient economy contrasted with banking contagion risks in the United States, the...
Apr 26, 2023
US lifts import ban on Malaysia’s Smart Glove
KUALA LUMPUR (Reuters) - The United States lifted a 17-month import ban on products from Malaysian rubber glove maker Smart Glove, saying the company has addressed exploitative labour practices. U.S. ...
Apr 26, 2023
China’s Q1 industrial profit falls 21.4% y/y
BEIJING (Reuters) - Profit at China's industrial firms fell 21.4% in the first quarter from a year earlier, official data showed on Thursday, as the factory sector struggled to shake off the fallout f...
Apr 26, 2023
ADB head: Developing Asia’s growth robust, tightening global finances a risk
(Reuters) - Asia's developing economies have seen "very robust" growth but face risks from tightening global financial conditions due to rapid U.S. and European interest rate hikes, Asian Development ...
Apr 26, 2023
Alphabet, Meta lure back advertisers as smaller rivals expected to struggle
By Sheila Dang (Reuters) - Advertisers are sticking with safe havens Alphabet and Meta Platforms in an uncertain economy, their quarterly results showed, likely helping the tech giants take market sha...
Apr 26, 2023
Jobless young Chinese seek solace in temples, tale of failed scholar
By Laurie Chen and Sophie Yu BEIJING (Reuters) - Queues stretch hundreds of metres around temples in China on weekends, as despondent young worshippers pray to find jobs in an economy slowly clawing i...
Apr 26, 2023
Russians pound frontline positions in Bakhmut, Ukraine military says
(Reuters) - Russian forces pounded the city of Bakhmut, the months-old focal point of their attempts to capture the eastern Ukrainian industrial region of Donbas, and the head of Russia's Wagner merce...
Apr 26, 2023
Bolivia takes control of Banco Fassil, executives arrested
LA PAZ (Reuters) - Bolivia's government took control of one of the country's largest banks, Banco Fassil, a senior government financial official said on Wednesday, and police arrested several executiv...
Apr 26, 2023
Woodside faces investor wrath over climate concerns
(Reuters) - Woodside Energy Group Ltd faces an investor backlash at its annual general meeting on Friday, as shareholder groups call for a vote against its executive pay and seek to remove three direc...
Apr 26, 2023
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