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UPDATE 1-Thailand's Gulf Energy and telco Intouch Holdings to merge
Reuters SG via Yahoo Singapore Finance· 7 hours agoThailand's power producer Gulf Energy Development and Intouch Holdings, which controls the country's top mobile phone operator AIS, said on Tuesday they would merge to create a major digital ...
Brokerage Charles Schwab's profit falls on weaker interest income
Reuters via Yahoo Singapore Finance· 9 hours ago"Given that cash sorting remained low, further weakness in June appears to be mainly related to...
Progressive's quarterly profit surges on strong demand for auto insurance policies
Reuters via Yahoo Singapore Finance· 9 hours agoRising wages and a strong labor market encouraged customers to revive their spending on auto...
China's Zijin Mining to take 9.9% stake in Canada's Montage Gold
Reuters via Yahoo Singapore Finance· 9 hours ago(Reuters) -Canadian miner Montage Gold on Tuesday said Chinese mining firm Zijin Mining Group would...
IMF raises India's GDP forecast to 7% for 2024-25
Reuters via Yahoo Singapore Finance· 10 hours agoBENGALURU (Reuters) - The International Monetary Fund on Tuesday raised India's growth forecast for 2024-25 to 7% from 6.8% on the back of improving...
State Street posts higher AUM; revenue beats estimates on higher fees
Reuters via Yahoo Singapore Finance· 11 hours agoFee revenue came in at $2.46 billion, up from $2.42 billion in the year-ago period, which helped the...
PNC Financial's second-quarter profit rises on higher fee income
Reuters via Yahoo Singapore Finance· 11 hours agoIt had earlier forecast a decline between 4% and 5% in 2024 interest income. PNC's net income...
Morgan Stanley profit surges on investment banking, trading, while wealth lags
Reuters via Yahoo Singapore Finance· 11 hours ago(Reuters) -Morgan Stanley's second-quarter profit beat expectations on Tuesday, driven by a surge in...
Cold storage REIT Lineage targets up to $19.2 billion valuation in blockbuster US IPO
Reuters via Yahoo Singapore Finance· 12 hours ago(Reuters) -Cold storage real estate investment trust Lineage said on Tuesday it was aiming for a...
Microsoft's hiring of former Inflection AI staff prompts UK probe
Reuters via Yahoo Singapore Finance· 12 hours agoBritain's competition regulator has started a formal investigation into Microsoft's hiring of some...
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