Lifestyle
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...
KKR’s earnings rise 20% on strong management fees, annuities business
PRIVATE equity firm KKR & Co said on Wednesday (May 1) that its first-quarter adjusted net income jumped 20 per cent year on year, driven by strong management and...
NAB’s cash profit falls 13%, to buy back A$1.5 billion of shares
NATIONAL Australia Bank on Thursday posted a drop of about 13 per cent in its first-half cash earnings as it grappled with high operating costs and cutthroat competition, but...
