By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) – Philippine annual inflation was on track to settle within the government’s 2% to 4% target in the fourth quarter after it eas[...]
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May 5, 2023
Singapore’s central bank imposes additional capital requirement on DBS Bank
By Navya Mittal and Yantoultra Ngui (Reuters) -The Monetary Authority of Singapore on Friday imposed additional capital requirement on DBS Bank, the banking arm of the country’s largest lender D[...]
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Fed data flow for June meeting opens with a jobs gusher
By Ann Saphir and Howard Schneider (Reuters) – A critical flow of data heading to the Federal Reserve’s June meeting, and a possible rate hike pause, began Friday with a stronger-than-anti[...]
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Exchange operator Cboe profit rises as market volatility lifts trading volumes
By Siddarth S and John McCrank (Reuters) -Cboe Global Markets on Friday reported first-quarter profit above Wall Street expectations, as the exchange operator’s trading volumes swelled on market[...]
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Italian bank Intesa raises profit target after beating forecasts
By Valentina Za MILAN (Reuters) -Intesa Sanpaolo, Italy’s biggest bank, raised its 2023 profit goal on Friday after first-quarter net income nearly doubled thanks to higher interest rates and sh[...]
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US SEC issues largest ever whistleblower award of $279 million
(Reuters) – The U.S. Securities and Exchange Commission (SEC) has issued its largest ever award of nearly $279 million to a whistleblower whose information helped the regulator’s enforceme[...]
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HSBC quashes Ping An-backed protest vote at annual meeting
By Lawrence White and Iain Withers BIRMINGHAM, England (Reuters) -HSBC soundly defeated a bid to break-up the bank and spin-out its lucrative Asian business at its annual investor meeting in Birmingha[...]
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Analysis-Icahn’s mark-up of meat packager extraordinary but possible, experts say
By Koh Gui Qing NEW YORK (Reuters) – As investors and financial experts pored over Hindenburg Research’s allegations against activist investor Carl Icahn’s holding company this week,[...]
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Broadcom CEO seeks to convince EU on $61 billion VMware deal
By Foo Yun Chee BRUSSELS (Reuters) – U.S. chipmaker Broadcom’s Chief Executive Hock Tan on Friday will try to convince EU antitrust enforcers that his proposed $61 billion bid for cloud co[...]
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