News
Bank of America to buy back US$40 billion of shares in new programme
The announcement follows buyback plans from some of the biggest US banks after they passed this year’s US Federal Reserve stress testsPublished Thu, Jul 24, 2025 · 06:50 AM[NEW...
Moody’s profit tops estimates in sign of credit market’s rebound
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...
Tally of Microsoft victims surges to 400 as hackers capitalise on SharePoint flaw
[WASHINGTON] The number of companies and organisations compromised by a security vulnerability in Microsoft’s SharePoint servers is increasing rapidly, with the tally of victims soaring more than six-fold in...
OUE Reit H1 DPU gains 5.4% to S$0.0098 on capital management, resilient Singapore portfolio
[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
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
[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...
ST Index up on Wednesday, mirroring regional indices
[SINGAPORE] The Straits Times Index (STI) closed higher on Wednesday (Jul 23), mirroring regional indices.The STI rose 0.6 per cent or 23.02 points to 4,231.28. Across the broader market,...
UBS loses EU fight over Credit Suisse’s role in ‘Sterling Lads’, but fine cut sharply
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...
BOJ sees trade deal as raising chance of meeting inflation goal
[TOKYO] Japan’s trade deal with the US has reduced uncertainty surrounding the economy, the central bank’s deputy governor Shinichi Uchida said, signalling optimism that conditions for resuming interest rate...
PNC taps Coinbase to create crypto trading offering for bank customers
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...
