Lifestyle
Shell maintains pace of buybacks as profit beats estimates
Shell kept up the pace of share buybacks as first-quarter profit dropped less than expected, maintaining the focus on shareholder returns that has become a hallmark of the oil...
Sumitomo to bolster shareholder returns in new mid-term plan
Japanese trading firm Sumitomo said it will buy back its stock and adopt a progressive dividend policy, bringing it in line with the other four major peers in an...
ING unveils 2.5 billion euros buyback as profit beats estimates
ING Groep announced a fresh share buyback after reporting a first-quarter profit that beat estimates .The Netherlands’ biggest bank will repurchase stock worth as much as 2.5 billion euros...
Banking giants race to Riyadh as MBS steps up pressure campaign
WHEN Deutsche Bank last month brought back its former CEO for the Middle East and Africa, the reappointment came with a twist: Unlike his prior stint at the German...
Credit Suisse faces 50 billion won South Korea short-sale fine
CREDIT Suisse reportedly faces 50 billion won (S$49.4 million) in penalties over illegal short selling in South Korea, where authorities are due to give an update on their broader...
Asia: Stocks rise as Federal Reserve tamps down hike fears; yen leaps
ASIAN stocks and US futures rose on Thursday after the Federal Reserve downplayed risks of an interest rate hike, while the yen was bumpy after another burst of suspected...
Japanese companies struggle with yen’s continued weakness
JAPAN’S companies are expressing unusual discomfort with the weak yen, just as the country’s government appears to be stepping in to prop up its tumbling currency.The yen briefly crossed...
Asia’s retail investors hunt for fabled crypto riches
EVEN after a recent pullback, cryptocurrencies are some of the best-performing assets this year – and demand from Asia-Pacific retail investors has been a major engine of the rally.There’s...
