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Corporate News 31 Oct 2017 | 12:00 AM

Amazon is not the only big winner this earnings cycle

CHICAGO: For all the hand-wringing about how Inc’s growth aspirations may hurt other companies, there’s plenty of evidence in third-quarter earnings results that the online retailer isn’t alone in benefiting from robust economic growth.

Business 30 Oct 2017 | 7:48 AM

Top foreign and local stories at 4pm

Top foreign and local stories at 4pm

Corporate News 30 Oct 2017 | 7:30 AM

Japan’s Nomura reports weak Q2 profit as bond trading declines

TOKYO: Nomura Holdings Inc posted a wider-than-expected drop in quarterly profit as weakness in its wholesale division, that was hit by a drop in fixed income trading, offset growth in the company’s resurgent retail business.

Banking 26 Oct 2017 | 6:42 AM

Deutsche Bank profit exceeds expectations despite weak market

FRANKFURT: Deutsche Bank posted a rise in third-quarter net profit to 649 million euros (US$768 million) on Thursday, despite a drop in investment bank revenue and a challenging market.

Banking 25 Oct 2017 | 6:35 AM

Goldman plans private equity expansion to help offset trading funk

NEW YORK: Goldman Sachs Group Inc is ramping up its private-equity investments and going after smaller, high-growth targets as part of a broad plan to offset recent trading declines, three people familiar with the effort told Reuters.

Markets 12 Oct 2017 | 3:15 PM

Wall St drops as bank earnings fail to cheer, media stocks drag

NEW YORK: US stocks fell on Thursday morning, dragged down by media companies, while results from JPMorgan and Citigroup failed to fuel the optimism that has driven indexes to record highs.

Banking 07 Oct 2017 | 12:00 AM

Treasuries doomsday?

DON’T expect the US Treasury market to go back to “normal” once the Federal Reserve starts reducing its crisis-era debt investments.

Banking 28 Jul 2017 | 3:29 PM

European banks outperform US rivals in tough markets

LONDON/PARIS: European investment banks coped better with tough market trading conditions than US rivals in the second quarter, when historically low levels of market volatility left investors struggling to make directional bets.

Business 27 Jul 2017 | 12:00 AM

BlackRock says ‘absolutely critical’ to look at China bonds

HONG KONG: BlackRock Inc, the world’s largest money manager, said that investors cannot ignore China’s onshore bond market, which has reached the US$10 trillion mark.

Stocks Analysis 22 Jul 2017 | 12:00 AM

Market finds shelter

REVIEW: Against the bullish US market backdrop, Bursa Malaysia opened the week on a “concrete platform”, with the FBM KLCI spiking a significant 4.12 points to 1,759.12 amid follow-through support from investors.