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Business 18 Jul 2008 | 12:00 AM

Market girds for Citigroup results

NEW YORK (AP) - So far, the major U.S. banks have announced some very comforting earnings numbers for the second quarter.

Business 27 Sep 2008 | 12:00 AM

HSBC cutting1,100 jobs in investment banking ops

Global bank HSBC Holdings is cutting 1,100 jobs in its investment banking operations, or 4% of the unit's total, as it weathers the global financial crisis.

Business 09 May 2009 | 12:00 AM

Is global money good for Asia?

THE world has certainly changed when two friends, one from the United States and one from Britain, suddenly sent me an email to ask what I thought of People's Bank of China Governor Zhou Xiaochuan's call for a global currency.

Business 15 Aug 2009 | 12:00 AM

What makes a global financial centre?

We grow up thinking the world isbalanced - that good cancels outevil, that assets equal liabilities,that life is a simple bell-shaped curve

Business 22 Aug 2009 | 12:00 AM

Knowing your investments

MALAYSIANS' faith in local banking products has not been affected despite the recent fiasco in Singapore, where banking clients lost over S$400mil because they had invested in Lehman Brothers-linked structured credit notes or products.

Business 08 Feb 2010 | 12:00 AM

CIMB chief: There is an urgent need to re-energise and transform the Asean agenda

MUCH has been learned from the global financial crisis - capitalism is not infallible, Wall Street is not that clever, integrity is more important than intelligence - are some that come to mind. And lessons will continue for years to come. And so will reaction; central bankers haven't gotten very far with new rules at all and the world financial architecture remains by and large the same.

World 28 May 2010 | 12:00 AM

G20 ministers face more wrangling over bank tax

LONDON (Reuters) - The world's top countries face more wrangling over a global bank tax next week and crunch time over beefing up capital and cutting risks at big banks.

Business 18 Jun 2010 | 12:00 AM

StanChart partners AgBank

HONG KONG: Standard Chartered Bank Plc (StanChart) and Agricultural Bank of China have agreed to a strategic partnership, making StanChart the second global bank to form an alliance ahead of AgBank's record-breaking initial public offering.

World 26 Jun 2010 | 12:00 AM

FACTBOX - Developments in G8, G20 summits in Canada

REUTERS - Here are some developments as leaders of the Group of Eight advanced economies and Group of 20 advanced and emerging economies meet in Canada.

Lifestyle 14 Aug 2010 | 12:00 AM

Taking the reins

Tiah Joo Kim, 30, deputy CEO and heir apparent to property and investment company, TA Enterprise, may have been born with a silver spoon but he insists he has earned whatever he has received.