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AmEx profit rises on resilient card spending
Provisions for credit losses were US$1.2 billion in the quarter, compared with US$1.3 billion a year earlier
ECB cuts rates again to help economy weather erratic US trade policy
It lowered the rate that the ECB pays on bank deposits by 25 basis points to 2.25%
‘Fallacy’ to say OCBC does not know insurance business: board chairman
Offer for Great Eastern ‘is very fair’ for OCBC shareholders, says Andrew Lee