Barclays targets India’s billionaires as private banking competition intensifiesBarclays is targeting India’s wealthiest founders and business owners as it seeks to expand its private banking business amid intensifying ...
What JPMorgan executive Jes Staley shared with Jeffrey Epstein and why Congress is asking questionsFormer JPMorgan Chase executive Jes Staley told U.S. lawmakers he shared confidential and market-sensitive bank information with Jeffrey Ep...
Automakers thought Canada was getting a trade deal. Then tariffs doubledAutomakers face doubled U.S. tariffs on Canadian vehicles and parts starting January 1. This move significantly increases costs for major m...
AI adoption surges in Asia as companies set up new hubs in Singapore, IndiaAI and generative AI investment in Asia is projected to reach $175 billion by 2028. Many employees across Asia-Pacific already use AI at wo...
US stocks today: US stocks close higher on tech rebound as Nvidia earnings gain focusUS stocks closed higher as technology and semiconductor shares recovered ahead of Nvidia's earnings. Lower oil prices and Treasury yields o...
Citi, HSBC, StanChart adopt Ant International's forex AI toolThe Singapore-based fintech giant rolled out its Falcon Time-Series Transformer Model 2.0 and has partnered with six large banks including ...
Global Market: Singapore's OCBC taps global debt market with £1 billion bond issueOCBC has priced £1 billion of covered bonds due in 2029 under its $10 billion Global Covered Bond Programme, with proceeds earmarked for ge...
Moderna shares soar 159% in a day after cancer vaccine succeeds in late-stage trialModerna shares surged after its personalized mRNA cancer vaccine trial showed positive results. The treatment, combined with Keytruda, redu...
As Europe bakes, momentum grows for climate-resilient farmingExtreme weather is pushing farmers toward climate-resilient practices for better yields. Regenerative farming methods improve soil health a...
Cash-rich IT firms turn to debt for acquisitions, buybacksIndian technology firms are increasingly leveraging borrowed funds for acquisitions and share buybacks to elevate revenues and align with i...
Anthropic pre-IPO credit facility set to climb past $10 billionAnthropic is broadening its revolving credit facility past the initial target to prepare for its much-anticipated initial public offering. ...
Rupee logs weekly decline, with RBI intervention curbing lossesThe Indian rupee faced a challenging week, depreciating against the dollar amidst mounting tensions from the Middle East conflict. Despite ...
AMD looks to raise $4 billion to $5 billion in debt offering, source saysAdvanced Micro Devices is looking to raise between $4 billion and $5 billion in a debt offering, a source familiar with the matter said...
Global Market: Japanese bond yields rise as traders price September BOJ rate hikeJapanese government bond yields rose on Wednesday as markets increasingly priced in a September Bank of Japan rate hike. The benchmark 10-y...
Oil steadies near one-week highs as US-Iran peace deal hopes dimOil prices maintained their position on Tuesday as hopes for a US-Iran deal faded, hampered by President Trump's stringent demands that are...
- NBFCs outpace banks in June as cards lose some credit
NBFCs outpaced banks in retail lending growth in June, with loans rising over 20% year-on-year compared with 16% for banks. Growth was driv...
Kharif sowing near normal as rainfall deficit shrinksBy August 7, farmers have successfully planted Kharif crops at 87.7% of the expected seasonal average. While rainfall deficiencies have mit...