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US Fed official backs further rate cut due to weak job market

A KEY Federal Reserve official said Monday that he supports a third consecutive interest rate cut by the US central bank in...

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Deutsche Bank unveils more ambitious cost and profit targets for 2028

It wants to increase revenue to around 37 billion euros in 2028, up from around 32 billion euros in 2025

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Hong Leong Finance opens new Punggol branch with dedicated SME Centre

The outlet also contains new privacy-enhanced teller booths, replacing traditional counters

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Nomura said to probe if profits inflated at India bond desk

Demand has surged as insurance companies have ramped up purchases

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EQT billionaire takes on Wall Street titans with big Asia push

The firm may not be a household name but it’s grown to become the largest non-US private equity firm in the world,...

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Fraud and scam claims against digital banks in Singapore on the rise

The banking industry, together with regulators and other stakeholders like the telcos, has stepped up the fight against scams

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Bitcoin is on the verge of erasing year’s gain as rout deepens

Bitcoin fell below US$95,000 for the first time in about six months as a bout of risk aversion sweeping across...

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Buffett acquires US$4.9 billion stake in Google parent Alphabet

WARREN Buffett’s Berkshire Hathaway acquired 17.9 million shares of Google parent Alphabet during the third quarter, while further trimming its holdings in...

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Indonesia’s rupiah reform: Will it make my Bali holiday more expensive?

Redenomination can improve the country’s economic efficiency and enhance confidence in the currency but risks driving inflation

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Japan’s megabanks lift profit forecasts to record highs, step up buybacks

The banks’ strong Q2 earnings demonstrate their success in weathering uncertain global economic conditions

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