HSBC Q1 Pre-tax Profit Beats Expectations
HSBC Holdings said on Tuesday its profit tripled in the first quarter, beating expectations, as rising interest rates bo... Read more
IMF Raises Asia's Economic Forecast On China Recovery
The International Monetary Fund (IMF) raised Asia's economic forecast on Tuesday as China's recovery underpinned growth,... Read more
US Stocks Lower After Choppy Session
Wall Street stocks ended slightly lower on Monday after JPMorgan Chase acquired the embattled First Republic Bank, as ma... Read more
US Manufacturing Contracted Again In April: Survey
US manufacturing activity shrank again in April as companies continued to match slowing demand by cutting new orders, ac... Read more
First Republic Seized, Sold In Latest US Bank Failure
United States regulators said on Monday First Republic Bank has been seized and a deal agreed to sell the bank to JPMorg... Read more
Singapore 'should Avoid Economic Contraction': PM
Singapore is expected to post slower economic growth this year but it "should avoid an outright contraction", Prime Mini... Read more
FDIC Reportedly Approaches Banks Over First Republic
The US Federal Deposit Insurance Corp has asked banks including JPMorgan Chase & Co and PNC Financial Services Group... Read more
First Republic Bank In Limbo As Shares Fall Further
Shares of First Republic fell further into an abyss on Friday amid mounting speculation over the US regional bank's way ... Read more
US Stocks Rise Again In Spite Of Mixed Earnings
Wall Street stocks shrugged off early weakness Friday and rose for a second straight session, adopting a perspective of ... Read more
Fed Admits Silicon Valley Bank Failings
The US Federal Reserve called for greater banking oversight while admitting to its own failures in a widely-anticipated ... Read more
US Stocks Rally After Tech Earnings Pass Muster
Wall Street stocks enjoyed their best session in weeks on Thursday following strong results from Facebook parent Meta, w... Read more
US Stocks Mostly Down On Recession Worries
Wall Street stocks finished mostly lower on Wednesday, shrugging off relatively solid corporate earnings amid recession ... Read more
Standard Chartered's Q1 Profit Jumps 21%
Standard Chartered on Wednesday said first-quarter profit jumped 21 percent, beating expectations, as rising interest ra... Read more
UK Blocks Microsoft's $69-bn Bid For Games Giant
Britain on Wednesday blocked Microsoft's US$69-billion takeover of the "Call of Duty" video games giant Activision Blizz... Read more
Home Prices Rise For Third Straight Month
Property prices have risen for the third consecutive month and reached a six-month high last month, government data show... Read more