UBS targets cost cuts of $10 billion as it absorbs Credit Suisse
UBS said Thursday that it expected to generate $10 billion in savings from a sweeping overhaul of the new global banking giant created by its emergency rescue of stricken rival Credit Suisse earlier this year.
2023-08-31 14:25
Japan budget demands hit record as BOJ tweaks raise borrowing costs -sources
By Takaya Yamaguchi and Tetsushi Kajimoto TOKYO Japan's budget demands will hit a record, exceeding 112 trillion yen
2023-08-31 14:23
New China Map Draws Another Rejection, This Time From Manila
The Philippines doesn’t recognize Beijing’s latest standard map showing its expansive South China Sea claims, joining opposition from
2023-08-31 14:16
X Plans to Collect Biometric Data, Job and School History
X, the social network that used to be known as Twitter, updated its privacy policy to include a
2023-08-31 13:57
India Exempts Some Nations From Rice Curbs for Food Security
India has permitted some rice shipments to Mauritius, Bhutan and Singapore for food security purposes after the South
2023-08-31 13:56
HK’s London Trade Office Defaced as UK Seeks Detente With China
The Hong Kong government blasted the vandalism of its trade office in London as a “nefarious” act by
2023-08-31 13:28
Active ETFs Cash In on Corporate Reform in Japan
Actively managed exchange-trade funds are set to launch in Tokyo next week, with one asset manager focusing its
2023-08-31 13:25
Euro bounces on inflation while dollar braces for jobs
By Tom Westbrook SINGAPORE The euro stood by a 15-year high on the yen on Thursday in anticipation
2023-08-31 13:23
Country Garden Posts Record Loss, Warns of Possible Default
Country Garden Holdings Co. warned that it may default on its debt and raised concerns about staying in
2023-08-31 12:52
Mexico central bank lauds economy's resiliency but rate cut discussion 'not on the table'
By Brendan O'Boyle MEXICO CITY Mexico's central bank raised its economic growth forecasts for 2023 and 2024, citing
2023-08-31 12:52
UBS reports second-quarter profit of $28.875 billion
ZURICH UBS Group on Thursday reported $28.875 billion in net profit attributable to shareholders for the second quarter,
2023-08-31 12:50
China Central Bank Meets With Private Firms, Pledges Funding
The People’s Bank of China met with lenders and private businesses on Wednesday, pledging to improve their access
2023-08-31 11:59