Singapore’s UOB expects ‘some upside’ to interest income after Fed rate hike
UOB posted a 35% jump to 1.5 billion Singapore dollars in its core net profit in the second quarter from a year ago.
BNP Paribas beat estimates on debt financing, cost management
BNP Paribas, the euro zone’s biggest bank, beat estimates in the second quarter
Oil giant Shell posts sharp drop in second-quarter profit on weaker commodity prices
British oil giant Shell on Thursday reported a sharp year-on-year drop in second-quarter profit on weaker fossil fuel prices.
Barclays shares sink 5% as the bank expects to earn less interest in the U.K.
Barclays reported a net income of £1.3 billion ($1.68 billion) for the second quarter, in line with expectations.
School closures during Covid could wipe out half a trillion dollars from Asian economies
Schools were forced to close during the pandemic and that could wipe out some $500 billion of potential GDP collectively from a handful of countries in Asia.
European Central Bank set to hike rates as it edges closer to a pivot point
The European Central Bank is set to hike rates once again on Thursday with market analysts certain that the Frankfurt intuition is nearing a peak.
‘The heat is relentless’: Scorching temperatures bring misery to daily life in Spain
The day-to-day reality of fierce summer heat in Spain is taking its toll.
BlackRock returns to India, joining forces with Indian tycoon Mukesh Ambani’s financial arm
BlackRock, the world’s largest asset manager, has joined forces with Jio Financial Services —the financial services unit of Indian billionaire Mukesh Ambani.
China VC slump is set to drag Asia-Pacific fundraising down to a decade low
China-focused venture capital funds raised $2.7 billion in the second quarter, a drop of more than 50% from the first quarter, Preqin said.
I’m a solo female traveler from Europe. Here’s why I chose to go to Vietnam
Vietnam has great weather, interesting culture, fantastic food and friendly people — and it’s a place with plenty to see in a week.
