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14 Feb

Singapore bank DBS profit rebounds, rates outlook improves outlook

DBS Group flagged strong business momentum after its profit rose to a record last year, cementing a recovery for Southeast Asia's largest lender as pandemic-hit economies rebound and boost loan growth and asset quality.

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14 Feb

Clariant delays 2021 results on accounting probe

ZURICH (Reuters) -Clariant delayed the release of its 2021 results due to an investigation into accounting issues, the Swiss speciality chemicals group said on Monday.

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14 Feb

Asia stocks skid on Ukraine fears, oil scales 7-year peak

Asian shares and European stock futures sagged on Monday as warnings that Russia could invade Ukraine at any time sent oil prices to seven-year peaks, boosted bonds and belted the euro.

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14 Feb

Clariant delays 2021 results amid accounting probe

Clariant postponed the release of its 2021 results while an independent investigation reviews allegations from whistleblowers of improper booking of provisions and accruals during 2020 and 2021, the Swiss chemicals group said on Monday.

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14 Feb

Standard Chartered HK says it has qualified as direct CIPS offshore participant

Standard Chartered Bank (Hong Kong) Ltd said on Monday that it has become the first foreign bank qualified as a direct participant in China's Cross-border Interbank Payment System (CIPS) outside mainland China.

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14 Feb

Factbox-The assets ITA Airways can offer suitors

Shipping group MSC and airline Lufthansa are interested in buying a majority stake in Alitalia's successor, ITA Airways, despite the airline's history of failed privatisations and 170 million euro ($194 million) operating loss in 2021.

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14 Feb

Asia stocks skid on Ukraine fears, oil at 7-year peak

Asian shares sagged on Monday as warnings that Russia could invade Ukraine at any time sent oil prices to seven-year peaks, boosted bonds and belted the euro.

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