Standard Chartered first-half profit beats estimates, sets new $1 billion share buyback
StanChart, which earns most of its revenue in Asia, said statutory pretax profit for the first six months of this year reached $3.32 billion.
Bank of Japan loosens yield curve control, pledging ‘greater flexibility’
The BOJ also kept its ultra-loose interest rate intact and revised core consumer inflation forecast upward for the current fiscal year.
Yen rises amid reports the Bank of Japan may discuss ‘tweaking’ policy
The Japanese yen rose on Friday morning in Asia, on the back of a report that the Bank of Japan could potentially “discuss tweaking” its yield curve control policy today.
What Qin Gang’s disappearance means for U.S.-China relations
Qin Gang held the position of China’s foreign minister for about six months before disappearing from public view in late June — with little explanation.
Why are political scandals and corruption in Singapore so rare?
A series of political scandals has rocked Singapore in recent weeks, from corruption probes to inappropriate relationships among politicians. CNBC examines the reasons why corruption and political scandal are rare in Singapore, and what it means for th…
CNBC Daily Open: The Dow lost steam but the U.S. economy didn’t
It was exciting while it lasted, but the Dow Jones Industrial Average fell 0.67%, snapping its historic 13-day winning streak.
Asia markets mixed as Bank of Japan holds rates, but adjusts YCC stance
The Bank of Japan held its rates at -0.1%, but pledges to guide yield curve control with ‘greater flexibility’.
Morgan Stanley reveals the ‘top’ property stocks to buy and short right now
The Wall Street bank warned that fundamentals for some areas of the office space sector looked worse than during the global financial crisis.
These 11 funds have performed as well as tech stocks over the past 5 years
Morningstar data reveals the funds outside of tech and growth sectors that have outperformed over the last five years.
Goldman names China stocks set for a bounce — and 2 make its list of top buy-rated picks
Goldman Sachs has identified a number of Chinese stocks to buy after the government announced some major fiscal stimulus measures this week.
