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OCBC shares soar 3.8% after posting Q3 earnings that beat expectations

Shares of OCBC jumped 3.8 per cent on Friday (Nov 7) morning after the release of its financial results for the...

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OCBC shares hit record high after Q3 earnings beat expectations; ends 3.4% higher

The stock hit an all-time high of S$17.94 on Friday, before paring some gains

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Ringgit rises to 13-month high on fading rate-cut view, growth outlook

THE Malaysian ringgit gained to the strongest in more than a year on fading expectations for a central bank interest-rate cut and...

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Federal Reserve’s Hammack says inflation a bigger concern than labour market

FEDERAL Reserve Bank of Cleveland President Beth Hammack said monetary policy should continue putting downward pressure on inflation, which she says is...

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Goldman Sachs to promote highest number of executives to managing director since 2021

The promotions include 31 per cent Asian, 3 per cent Black and 4 per cent Hispanic or Latino staff

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OCBC Q3 profit flat at S$1.98 billion; beats expectations

Net interest income down 9% at S$2.23 billion

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Yangzijiang Financial not proceeding with one billion yuan investment in Chinese lithium battery producer

Subsidiary Jiangsu New Yangzi Commerce & Trading and two strategic investors fail to secure an approval from Ningbo Shanshan’s creditors

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Yangzijiang Financial aborts one billion yuan investment in Chinese lithium battery producer

Subsidiary Jiangsu New Yangzi Commerce & Trading and two strategic investors fail to secure approval from Ningbo Shanshan’s creditors

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India in talks to create bigger banks, including via mergers, finance minister says

India has 12 state-owned banks, which together hold assets totalling 171 trillion rupees (S$2.51 trillion) as of March

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Bank of Canada plans 10% job cuts as PM Carney moves to trim expenses

The central bank is committed to achieving a 15% total budget reduction over the 2026 to 2028 period

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