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India’s biggest lender deploys 2,000 bankers to woo the wealthy
STATE Bank of India (SBI), the country’s largest lender, is making a renewed push into wealth management as the number of people getting richer surges.The bank’s wealth management unit...
Japan’s Nikkei sees biggest rout since 1987 Black Monday
JAPANESE stocks collapsed on Monday (Aug 5) in their biggest single day rout since the 1987 Black Monday sell-offs, driven by last week’s plunge in global stock markets, economic...
Japan’s Nikkei plummets 13% in biggest rout since 1987 Black Monday
JAPANESE stocks collapsed on Monday (Aug 5) in their biggest single day rout since the 1987 Black Monday sell-off, driven by last week’s plunge in global stock markets, economic...
Commonwealth Bank tops BHP to become biggest Australian firm
COMMONWEALTH Bank of Australia has shot past the world’s biggest miner BHP Group and is now the country’s most valuable company.The lender’s market capitalisation hit a record high of...
Malaysia’s biggest state carves out gas assets in autonomy push
MALAYSIA’S biggest state, Sarawak, is set to take control of its natural gas assets from federal government-run companies, as its campaign for economic autonomy bears fruit in the South-east...
Biggest IPO in Japan of 2024 offers innovative fix to job crunch
THE developer of an innovative job matchmaking app helping Japan tackle its severe labour shortage goes public on Friday (Jul 26) following the nation’s largest initial public offering (IPO)...
UK’s biggest investor LGIM ditches Trump trade on Biden drop out
LEGAL & General Investment Management (LGIM) is bailing on a bet that the Treasury curve will steepen, saying President Joe Biden’s exit from the US election race reduces the...
US high-grade bond sales post biggest July in six years
BLUE-CHIP companies sold bonds this month at the fastest rate for any July in six years, harnessing strong demand from investors looking to lock in high yields before the...
