BNY (BK.N), opens new tab beat Wall Street’s expectations for second-quarter profit on Friday, as strong investment service fees more than offset lower interest income, sending the…
Chinese bank lending jumped less than expected in June while some key money gauges hit fresh record lows, highlighting weak demand in the world’s second-largest…
Moody’s Investors Service has downgraded Kenya’s local currency (LC) ceiling to B1 from Ba3. The credit rating company has also downgraded the government’s credit rating…
Top U.S. independent oil producer ConocoPhillips (COP.N), opens new tab said on Friday it received a second request from the U.S. Federal Trade Commission for information on…
Hong Kong has attracted more than HK$10 billion (US$1.3 billion) under the city’s cash-for-residency scheme, in a major boost for its ambition to become a…
HSBC, the largest lender in Asia, has been fined HK$24 million (approx. S$4.15 million) by Hong Kong’s Mandatory Provident Fund Schemes Authority (MPFA). The penalty…