Singapore’s largest bank, DBS Group, has announced a remarkable 48% surge in its second-quarter profit, beating forecasts and setting a new record.

The firm anticipates revenue growth in the “low-twenties” percentage and “mid-twenties” when adjusted for adjustments linked to the disposal of its logistics business in the third quarter. Analysts predicted a

Foreign investors purchased Asian stocks for the fourth consecutive month in July, a change from the Federal Reserve’s previous tightening cycle, which resulted in significant outflows from riskier assets.

Nykaa, a major Indian cosmetics-to-fashion retailer, has seen several key executives, including the Chief Marketing Officer, resign amidst heightened competition in the rapidly growing sector. Nykaa’s founder takes direct oversight,

In previous quarters, analysts have expressed concern about PayPal’s underwhelming margins. The company’s low-margin business goods have risen rapidly, but branded product growth has stalled owing to rising competition from

KKR, an equity firm has recently acquired a significant ownership interest, in LEAP, which is India’s top pallet pooling platform. LEAP provides a range of services.

Prime Minister L. Oyun-Erdene of Mongolia said during a visit to Washington on Wednesday that his country will expand its collaboration with the United States to mine rare earths, but

Ambuja Cements has made an acquisition of Sanghi Industries Ltd for Rs 5,000 crore. The acquisition was funded internally. This has allowed Ambuja Cements to secure a controlling stake of 56.74%.

The iPhone manufacturer estimated the entire amount of deposits at around $10 billion in a news release on Wednesday. According to Apple, that money accumulated throughout the roughly 3.5 months that Apple Card customers had the option of opening them.

Pi Ventures reported the first closure of its second round in January 2022, raising Rs 303.5 crore ($40 million) from Accel, entrepreneurs, high-net-worth individuals, and family offices.

On Wednesday, the US expressed worry over China’s appeal for its citizens to participate in anti-spying efforts and stated that it had been closely watching the implementation of Beijing’s enhanced

As to a Bloomberg article that used statistics from the Centre for Monitoring Indian Economy (CMIE) for the month of July, the overall unemployment rate decreased to 7.95% in July from 8.45% in June.