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Moody’s profit tops estimates in sign of credit market’s rebound
[ad_1] Moody’s adjusted earnings per share of US$3.56 topped analysts’ forecasts of US$3.38Published Wed, Jul 23, 2025 · 10:19 PM[WASHINGTON] Moody’s, a bond grader and financial data provider, reported second-quarter...
US: Wall Street opens higher as US-Japan trade deal lifts sentiment
[ad_1] Published Wed, Jul 23, 2025 · 09:42 PM[NEW YORK] Wall Street opened higher on Wednesday (Jul 23) after President Donald Trump struck a trade deal with Japan, shoring up...
OUE Reit H1 DPU gains 5.4% to S$0.0098 on capital management, resilient Singapore portfolio
[ad_1] [SINGAPORE] OUE real estate investment trust (OUE Reit) reported a distribution per unit of S$0.0098 for the first half ended Jun 30, 2025, up 5.4 per cent from S$0.0096...
Apple and Google face more UK antitrust scrutiny over mobile ecosystems
[ad_1] A final decision on both designations is expected by Oct 22, with the regulator also outlining possible next steps in its parallel investigationsPublished Wed, Jul 23, 2025 · 07:18...
Digital Core Reit H1 DPU unchanged at US$0.018
[ad_1] [SINGAPORE] The manager of Digital Core Real Estate Investment Trust (Reit) on Wednesday (Jul 23) posted a distribution per unit (DPU) of US$0.018 for the first half ended June...
UBS loses EU fight over Credit Suisse’s role in ‘Sterling Lads’, but fine cut sharply
[ad_1] The tribunal cut the amount of the fine from 83.2 million euros to 28.9 million eurosPublished Wed, Jul 23, 2025 · 04:56 PM[BRUSSELS] UBS Group lost the crux of...
PNC taps Coinbase to create crypto trading offering for bank customers
[ad_1] The banking industry has fiercely resisted accusations that it denies services based on ideological reasonsPublished Wed, Jul 23, 2025 · 02:17 PM[NEW YORK] PNC Bank is working with cryptocurrency...
PayPal to create global digital wallet platform with Tenpay, UPI
[ad_1] The company also plans to add artificial intelligence and stablecoin use cases to the digital wallet platform at some pointPublished Wed, Jul 23, 2025 · 01:06 PM[NEW YORK] PayPal...
Asian local-currency bond sales reach record on risks to US dollar
[ad_1] [CHICAGO] US President Donald Trump’s unpredictable policy moves are driving investor demand for Asian local-currency bonds, spurring fresh interest in the region.Companies and non-sovereign issuers in Asia-Pacific have sold...
China shuns low-grade coal from Indonesia as imports collapse
[ad_1] [BEIJING] Indonesia bore the brunt of a sharp fall in China’s coal imports last month, underscoring how Chinese power plants have shifted away from lower-quality fuel due to persistent...
Weaker US dollar, bond yields lift gold to more than five-week high
[ad_1] [BENGALURU] Gold prices climbed to a more than five-week peak on Wednesday (Jul 23), supported by a softer US dollar and lower Treasury yields as investors looked forward to...
Vietnam stocks near record on reform hopes, trade deal optimism
[ad_1] [SINGAPORE] Vietnam’s stock benchmark is closing in on a record high, fuelled by optimism over sweeping political reforms and clarity on a trade deal with the US.The government is...