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Euro rallies as ECB cuts rates again

ECB cuts interest rates and keeps door ajar to more easing

How ECB dodged a payment disaster in 10 hours of tech meltdown

Malaysia central bank keeps key rate at 3%, as expected

Australian, New Zealand dollars hit 1-week highs amid tariff reprieve, euro strength

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UOI’s net profit increases 10% to S$27 million in H2 FY2024

For the full year, net profit comes in at S$39.1 million, a 4% increase from S$37.5 million in the previous fiscal year

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UOI’s H2 profit down 9.8% at S$15.6 million

For the full year, profit comes in at S$29.8 million, a 1.7% increase from S$29.3 million in the previous fiscal year

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HSBC plans new round of investment bank job cuts next week

The latest phase of cuts will start in Asia, but will ultimately affect employees globally

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Coinbase fourth-quarter profit beats on crypto rally

CRYPTO exchange Coinbase beat estimates for fourth-quarter profit on Thursday, driven by higher trading volumes in bitcoin and other digital tokens following...

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US Bitcoin miners disrupted by Chinese supplier under scrutiny

CRYPTO miners in the US are experiencing delays receiving deliveries of new equipment, threatening their competitiveness and profit margins, as the Chinese...

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Barclays sets new performance goals as 2024 pretax profit rises

BARCLAYS upped its 2025 performance guidance on Thursday (Feb 13) after posting a 24 per cent rise in annual pretax profit for...

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Commerzbank to cut 3,900 jobs

Commerzbank said on Thursday (Feb 12) it would cut 3,900 jobs and unveiled more ambitious financial targets as part of a strategy...

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Commerzbank to cut 3,900 jobs, mainly in Germany, as it fends off UniCredit

The situation tests the country’s ability to prevent its financial centre from losing one of its few remaining big commercial lenders

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JPMorgan, UBS, Nomura face South Korea short-selling fines: report

The penalties are expected to be finalised before a ban on short-selling is lifted next month

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South Korea fines JPMorgan, Morgan Stanley, Nomura and UBS for short selling breaches

The decision was made on Wednesday by the Securities and Futures Commission

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