Hit
Why some cyber-attacks hit harder than others
The British Library has been hobbled for months by a cyber-attack and experts warn of similar damage ahead. Source link
Maintaining liquidity a short-term hit to NIMs, but long-term benefit to fees, customer growth: UOB CEO
UOB’s net interest margins (NIMs) have taken a hit from the bank’s prudent move to protect liquidity. But investors should look beyond NIMs and understand the benefits that liquidity...
HSBC’s record annual profit marred by US$3 billion China hit; shares slide
HSBC Holdings reported a record annual profit on Wednesday (Feb 21), although it missed estimates because of a US$3 billion charge on its stake in a Chinese bank amid...
Air New Zealand warns competition, slow demand will hit earnings
AIR New Zealand warned that earnings will drop in the six months to June amid increased competition from United States rivals and slowing corporate demand. Full-year pretax profit could...
PepsiCo signals demand hit from price hikes with rare sales decline
PEPSICO on Friday (Feb 9) reported a surprise drop in quarterly sales and forecast a sharp slowdown in organic revenue growth for 2024 as multiple price hikes weigh on...
China January new bank loans hit record high on policy support
NEW bank loans in China jumped by more than expected to an all-time high in January, as the central bank moves to shore up the sputtering economy. Policymakers have...
Crypto ransom attack payments hit record US$1 billion in 2023: Chainalysis
PAYMENTS from crypto-related ransom attacks nearly doubled to a record US$1 billion in 2023, blockchain analytics firm Chainalysis said on Wednesday (Feb 7). Scammers targeting institutions such as hospitals,...
Guinea pigs in luxury shed become TikTok hit
Videos of guinea pigs enjoying life in a custom-built luxury shed have become a viral sensation on TikTok - with one video racking up more than 140 million views.More...
