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UOB shares fall over 2% following lower Q2 net profit of S$1.34 billion reported

The bank’s earnings decline 6% on the year

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Private credit fuels a ‘buy now, pay later’ lending boom in Asia

Indonesia, Malaysia and Thailand have been tightening regulation and warning consumers about the cost and risk of BNPL loans

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SoftBank Group posts 421.8 billion yen net profit in first quarter

Japanese technology investor SoftBank Group logged a net profit of 421.8 billion yen (S$3.7 billion) for the April-to-June quarter.

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SoftBank Group posts 421.8 billion yen net profit in Q1

Japanese technology investor SoftBank Group logged a net profit of 421.8 billion yen (S$3.7 billion) for the April-to-June quarter.

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SoftBank Group swings to profit in first quarter on market enthusiasm for tech stocks

The group overall logged a net profit of 421.8 billion yen for the April-June quarter

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Insurer AIG posts higher quarterly profit on underwriting strength

A rebound in the stock markets following tariffs-related volatility has also helped insurers boost their investment income

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UOB Q2 profit falls 6% to S$1.34 billion; misses expectations

A second tranche of the lender’s 50 cents special dividend will also be paid out

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DBS Q2 profit rises 1% to S$2.82 billion

The lender declared an ordinary dividend of 60 Singapore cents per share and a capital return dividend of 15 cents per share

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Citigroup reshuffles rates business with a heightened focus on Japan

Thomas Reich will now focus solely on the country

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China’s policy banks rush to issue bonds before tax deadline

The state-run financial institutions offer support to their respective industries, namely agriculture, infrastructure, and foreign trade, under the supervision of the central...

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