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Commerzbank Q4 results ahead of expectations

FRANKFURT: Commerzbank beat quarterly profit forecasts on Thursday, lifting its shares in pre-market trade, but the German lender said it needed to do more to get back to sustainable growth.

Goldman hedge fund folding London operations, shifting staff to US

NEW YORK: Goldman Sachs Investment Partners (GSIP), which opened in 2008 with one of the biggest launches in hedge fund history, is folding its London operations into the United States and shifting staff members to New York, four sources told Reuters.

Nikkei skids on stronger yen ahead of US-Japan summit

TOKYO: Japan's Nikkei share average slipped on Thursday due to pressure from a stronger yen ahead of a meeting this week between U.S. President Donald Trump and Japan's Prime Minister Shinzo Abe.

Australia's Suncorp mulls sale of $1.5 bln life insurance unit

SYDNEY: Australian insurer Suncorp Group Ltd said on Thursday it will consider the sale of its A$2 billion ($1.5 billion) life insurance division, becoming the latest firm to look at reducing its exposure to the troubled market.

China's changing debt risks drive up bond futures volumes

SHANGHAI: Trading volumes in China's typically sleepy bond futures market have exploded in recent months as investors seek to hedge the growing risks of rising interest rates and a volatile debt sector.

Breakfast briefing: Thursday, February 9

Breakfast briefing: Thursday, February 9

Qatar National Bank eyes South-East Asia

DOHA: Qatar National Bank SAQ, the biggest bank in the Middle East and Africa, is turning its focus to South-East Asia for growth after hitting expansion goals in the region earlier than planned.

IMF: Banking sector woes are main challenge for Kazakhstan

ALMATY: The main challenge facing Central Asian oil exporter Kazakhstan is cleaning up a banking system saddled with bad loans, as it adjusts to lower crude prices, the head of the International Monetary Fund (IMF) mission to the country told Reuters.

Malaysians perform well in credit score campaign

OVER the past two months 100,000 Malaysians have taken advantage of the CTOS “What’s Your CTOS Score” campaign to check up on their financial health.

Citi Malaysia to open four new digital branches

PETALING JAYA: Citi Malaysia will open four new digital branches in the country in response to the changing preferences of clients.

Life Inspired has a chic new look

2020 is all about change, and Life Inspired did just that with a fresh makeover!

This month, we speak to 3 female icons about empowerment and more - read it for FREE this week.