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14 Feb

Singapore bank DBS profit rebounds, seen gaining as rates outlook improves

SINGAPORE (Reuters) -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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13 Feb

UK employers plan biggest pay rises in nearly 10 years - CIPD

British employers expect to raise staff pay by the most in at least nine years but the 3% wage deals for workers would still be below fast-rising inflation, according to a survey published on Monday.

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13 Feb

Saudi Arabia transfers Aramco shares worth $80 billion to state fund

DUBAI (Reuters) -Saudi Arabia's Crown Prince Mohammed bin Salman has transferred 4% of Saudi Aramco shares worth $80 billion to the kingdom’s sovereign wealth fund, the government said on Sunday.

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13 Feb

Asia stocks wary on Ukraine warnings, oil climbs

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

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13 Feb

Himalaya yogi ran India's top bourse as puppet master, regulator says

The former head of India's largest stock exchange shared confidential information with a yogi and sought his advice on crucial decisions, a probe by the market regulator has found, ahead of the bourse's much-awaited public listing.

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13 Feb

Singapore bank DBS Q4 profit up 37%, expects gains from rising interest rates

DBS Group reported a 37% rise in quarterly profit, supported by an improvement in asset quality at Southeast Asia's largest bank and flagged strong business momentum as pandemic-hit economies bounce back.

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12 Feb

ECB's Visco says flexible approach needed in unwinding stimulus

PARMA, Italy (Reuters) -The European Central Bank (ECB) will keep a flexible approach as it unwinds its ultra-expansionary monetary policy, monitoring not only inflation threats but also risks of uneven financing conditions across euro zone countries, a top policymaker said.

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