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China’s largest banks report steady profits, but margins shrink
[ad_1] [BEIJING/SHANGHAI] Four of China’s largest five state-owned banks reported steady profits on Thursday (Oct 30), but their margins came under pressure from a prolonged property slump and sluggish manufacturing.The...
Nissan forecasts US$1.8 billion annual operating loss as US tariffs weigh
[ad_1] Its outlook for net income for the fiscal year to end-March 2026 remained undetermined[TOKYO] Nissan Motor said on Thursday (Oct 30) it expects to book a US$1.82 billion operating...
Yangzijiang Financial receives conditional approval to list YZJ Maritime
[ad_1] It also discloses that it has further capitalised some US$1.5 billion of receivables from its maritime investment segment[SINGAPORE] Yangzijiang (YZJ) Financial has received a conditional eligibility-to-list (ETL) from the...
BYD reports biggest quarterly profit fall in over four years
[ad_1] The consecutive quarterly profit fall comes amid intensifying competition at home marketPublished Thu, Oct 30, 2025 · 07:36 PM — Updated Thu, Oct 30, 2025 · 07:47 PM[BEIJING] Chinese...
Singapore’s gold investment leaps 47% in Q3; global demand hits record high
[ad_1] Local demand for gold bars and coins rises 47%, but jewellery consumption slumps 8%[SINGAPORE] Strong investor appetite in Singapore, which resulted in a 47 per cent year-on-year jump in...
Singapore stocks end lower amid mixed regional trading; STI down 0.1%
[ad_1] Keppel was the top gainer on the index, rising 1.6%, while Mapletree Industrial Trust was the worst performer, falling 2.7%[SINGAPORE] Singapore stocks ended lower on Thursday (Oct 30), amid...
Puma to cut 900 jobs globally by 2026, initiates business U-turn after sales declines
[ad_1] Shrinking market share, weak demand and US tariffs prompt Puma to warn of annual loss[LONDON] German sportswear maker Puma on Thursday (Oct 30) said it would cut 900 jobs...
Australia’s Lynas Rare Earths Q1 revenue jumps 66% but falls short of forecasts
[ad_1] Lynas is focusing on a build-out of a processing plant in Malaysia, to satisfy East Asian demand[MELBOURNE] First-quarter revenue at Australia’s Lynas Rare Earths rose by 66 per cent...
Prudential Q3 new business profit rises 14% to US$705 million; regional CEO leaves
[ad_1] [SINGAPORE] Prudential on Thursday (Oct 30) posted a 13 per cent year-on-year rise in “new business profit” (NBP) for its third quarter ended Sep 30. The insurance company also...
Nomura expects no more Fed rate cuts in 2025 after October easing
[ad_1] NOMURA said it now expects the US Federal Reserve to keep interest rates unchanged at its December policy meeting, following the central bank’s decision to cut rates on Wednesday.The...
