Year
Swiss financial regulator plans to stress-test UBS this year
SWISS financial regulator Finma said on Wednesday (Mar 20) it plans to carry out 40 reviews of UBS and two stress tests this year on the bank after its...
Meta does not expect new Nvidia chips to arrive until at least next year
FACEBOOK owner Meta Platforms is not expecting to receive shipments of Nvidia’s new flagship artificial intelligence chip this year, a Meta spokesperson told Reuters. Nvidia, the dominant designer of...
UBS powers past US$100 billion one year after Credit Suisse shock
ON THE first anniversary of UBS Group’s historic takeover of its former rival Credit Suisse, it is becoming clear just how advantageous the deal has been for the bank....
SIA Group flies 3.1 million passengers in February, up 28.2% from a year ago
FLAG carrier Singapore Airlines (SIA) carried 3.1 million passengers on a group level in February, up 28.2 per cent from a year ago, it said in its operating results...
Top Japanese bond managers see another strong year for sales
JAPAN’S top debt underwriters are predicting another strong performance for corporate and Samurai bond sales in the fiscal year starting April, regardless of what the central bank does on...
Volkswagen’s 2023 profits rise, outlook for this year cautious
GERMAN auto giant Volkswagen on Wednesday (Mar 13) reported a forecast-beating rise in profits for 2023, boosted by higher vehicle deliveries, but gave a cautious outlook for this year....
Porsche sees lower returns in year of major model launches
PORSCHE expects its profit margins to dip this year as the German luxury carmaker funds the launch of four new models to help it tackle tougher competition. The company...
Gold at record levels as Powell says Fed cuts likely this year
GOLD prices on Wednesday (Mar 6) hovered near a record peak hit in the previous session after US Federal Reserve chair Jerome Powell said interest rate cuts are still...
