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Credit Suisse trading losses eclipse wealth management gains
ZURICH: Tidjane Thiam’s three-year restructuring at Credit Suisse Group ended with the bank still confronting an old issue: trading losses dragging down gains in wealth management.
Asia’s best rally in a year faces a challenge now: Taking stock
HONG KONG: The most robust rally Asian stocks have seen in more than a year is about to face its stiffest challenge yet.
Asensio nets late Real winner as Ajax left to rue VAR decision
AMSTERDAM (Reuters) - Real Madrid's Marco Asensio scored a late winner in a 2-1 victory at Ajax Amsterdam, who were left to rue a goal disallowed by the Video Assistant Referee (VAR) in their Champions League last-16, first leg on Wednesday.
Deutsche Bank rebuffs reported calls to cut investment unit
FRANKFURT: Deutsche Bank on Thursday rebuffed calls for cuts at its struggling investment bank, citing an overhaul last year.
EA’s new game ‘Apex Legends’ is taking a shot at ‘Fortnite’
Apex Legends, the latest hit title by gaming company Electronic Arts Inc, is shaking up the online battle arena, but questions are lurking about how much fire power it has in the long-run and whether it can dislodge popular Fortnite.
Lyndon LaRouche, perennial U.S. presidential candidate, dies at 96
WASHINGTON (Reuters) - Lyndon LaRouche, a fringe political figure who fuelled his eight presidential campaigns with conspiracies involving Queen Elizabeth, AIDS and communist spies before going to prison for swindling his supporters, died on Tuesday at the age of 96, his political organisation said.
FDI records larger net inflow of RM12.9bil in Q4 2018
KUALA LUMPUR: Malaysia's foreign direct investment (FDI) improved in the fourth quarter (Q4) of 2018, registering a larger net inflow of RM12.9 billion from RM4.3 billion in the third quarter (Q3) of 2018.
U.S. to meet Taliban in Islamabad on Feb. 18 - Taliban spokesman
KABUL (Reuters) - Taliban negotiators will meet their U.S. counterparts on Feb. 18 in Pakistan's capital Islamabad as part of accelerating diplomacy to end more than 17 years of war in Afghanistan, Taliban spokesman Zabihullah Mujahid said on Wednesday.
Boxer who hit French police gets year-long jail sentence
PARIS (Reuters) - A Paris court gave a year-long firm jail sentence on Wednesday to a former French boxing champion who was filmed raining blows on riot officers during a "yellow vest" protest last month.
Man gets 30 years and 8 strokes for raping girlfriend's daughter
PUTRAJAYA: A 56-year-old jobless man was sentenced by a Sessions Court here to 30 years in jail and eight strokes of the rotan for raping his girlfriend’s daughter, who he impregnated.