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British inflation sends pound briefly below US$1.30

Sterling tumbled to its lowest in two months on Wednesday (Oct 16) after softer than expected British inflation data offered scope for...
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BlackRock in talks with Ambani for India private-credit venture

BLACKROCK, the world’s largest asset manager, is in talks with billionaire Mukesh Ambani’s Jio Financial Services to set up a private-credit venture,...
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China Life says profit to jump up to 185% on market rally

CHINA Life Insurance said profit for the first nine months is expected to increase as much as 185 per cent, buoyed by...
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Morgan Stanley’s profit jumps on recovery in dealmaking

MORGAN Stanley’s profit rose in the third quarter, fuelled by a rebound in dealmaking that also helped its rivals.
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Morgan Stanley profit exceeds forecasts on dealmaking surge; shares jump to record

MORGAN Stanley’s profit surpassed estimates on a bumper third quarter for investment banking that had also buoyed rivals, sending its stock to...
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Goldman’s Saudi Arabia CEO to leave after decade in role

GOLDMAN Sachs’ top executive in Saudi Arabia will leave the bank after nearly a decade running its operations in the Middle East’s...
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UniCredit talked to top German officials before Commerzbank stake buy

UniCredit executives had conversations with top German government officials, including from the chancellery and the finance ministry, in the months before buying...
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India’s Adani Green calls off planned dollar bond sale: sources

INDIA’S Adani Green Energy cancelled its plan to raise funds via US dollar-denominated bonds after investors placed bids at higher yields than...
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Trump’s crypto platform falters on first day of sales

FORMER US president Donald Trump’s cryptocurrency platform had a faltering sales launch Tuesday, with only a fraction of its digital tokens that...
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South-east Asia’s central banks face dueling rate calls

THREE of Southeast Asia’s biggest economies will unveil monetary policy decisions from 3 pm Singapore time today, influenced by everything from politics,...
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