Real Estate
Europe: Stocks eke out gains after German inflation data; Deutsche Bank drops
EUROPEAN shares closed below day highs on Monday after Germany reported higher-than-expected inflation, while Deutsche Bank had its worst day in over a year as worries around its Postbank acquisition...
Asset manager Value Partners cuts one-third of China staff in overhaul: sources
HONG Kong-listed asset manager Value Partners Group is cutting about one-third of its China staff as it looks to restructure the business to boost profit amid weaker markets, two...
Deutsche Bank merger ends Numis dealmakers’ boutique freedom
When Deutsche Bank announced its takeover of the British investment bank Numis last April, some in the City of London wondered whether their cultures would mesh. A year on,...
Wilmar Q1 net profit falls 22.6% to US$302.9 million
AGRIBUSINESS group Wilmar International : F34 0% reported a 22.6 per cent drop in net profit to US$302.9 million in the first quarter ended Mar 31, from US$391.4 million...
PetroChina profit rises as economic recovery remains uneven
PetroChina recorded its highest first-quarter profit amid steady global oil prices and even as China’s economic rebound struggles to gain traction.China’s largest oil and gas producer said net income...
China’s Big Five lenders see margins shrink in the first quarter
MARGINS at China’s Big Five lenders shrank during the first quarter as banks came under pressure to support cash-starved property developers while loan demand remained weak.
Agricultural Bank of China’s...
Financial Times, OpenAI sign content licensing partnership
THE Financial Times had signed a licensing agreement with OpenAI to train artificial intelligence (AI) models on its attributed content, the newspaper said on Monday (Apr 29), in the...
Tesla clears key regulatory hurdles for self-driving in China during Musk’s visit
TESLA has cleared some key regulatory hurdles that have long hindered it from rolling out its self-driving software in China, paving the way for a favourable result from Elon...
