UBS posts net profit beat as market volatility boosts trading
Group invested assets soared on the back of increases in the lender’s global wealth management and corporate units.
Industry
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HSBC announces $3 billion share buyback after second-quarter profit misses estimates
CEO Georges Elhedery flagged “structural challenges” to the global economy that have caused uncertainty and market volatility, citing…
Industry
HSBC announces $3 billion share buyback after second-quarter profit plunges 29%, missing expectations
It reported profit before tax for the three months ended in June of $6.3 billion, down 29% from a year ago.
Industry
South Korea's LG Energy Solution signs $4.3 billion battery supply deal with undisclosed party
LG Energy Solution has announced a $4.3 billion contract to supply lithium iron phosphate batteries to an undisclosed customer.
Industry
The Fed is unlikely to cut rates Wednesday, but this meeting is packed with intrigue
Considering nothing is likely to happen when it comes to major policy decisions, the meeting promises several fascinating subplots.
Industry
Australia's second-quarter inflation drops to lowest since March 2021, supporting case for rate cut
This was lower than the 2.2% expected by economists polled by Reuters, and is almost touching the lower band of the 2%-3% target set by the RBA
Industry
Singapore holds monetary policy, flags slowdown in second half of the year
This comes after DPM Gan Kim Yong said the U.S. was “non-committal” on whether the level of tariffs will remain at 10% for Singapore imports into…
Industry
Singapore warns of slowdown in second half of the year as it keeps monetary policy steady
This comes after DPM Gan Kim Yong said the U.S. was “non-committal” on whether the level of tariffs will remain at 10% for Singapore imports into…
Industry
Asia markets set to fall as U.S. trade talks with China hang in the balance
Asia-Pacific markets are expected to fall as U.S. Commerce Secretary Howard Lutnick affirmed that President Donald Trump’s upcoming Friday deadline to…
Industry
Stock futures are little changed as investors analyze earnings, await Fed rate decision: Live updates
The S&P 500 snapped a win streak on Tuesday.
Industry
Starbucks same-store sales fall again, but CEO Niccol says turnaround is ahead of schedule
Shares of Starbucks have risen roughly 1% this year. The company has a market cap of more than $106 billion.
Industry
Anthropic in talks to raise fresh capital at $170 billion valuation
Anthropic is looking to raise up to $5 billion at a $170 billion valuation in a funding round led by Iconiq Capital.
Industry
CyberArk's stock jumps on report Palo Alto Networks in talks to buy company for over $20 billion
Palo Alto Networks CEO Nikesh Arora has been on a buying spree in recent years, but CyberArk would represent by far his biggest bet.
Industry
CyberArk pops on report of $20B+ acquisition talks with Palo Alto Networks
Palo Alto Networks CEO Nikesh Arora has been on a buying spree in recent years, but CyberArk would represent by far his biggest bet.
Industry
US Goods Trade Deficit Shrinks More Than All Expectations In June
The US merchandise-trade deficit shrank in June by more than expected, reflecting a broad decline in
Industry
US Goods Trade Deficit Shrinks More Than All Expectations In June
The US merchandise-trade deficit shrank in June by more than expected, reflecting a broad decline in
Industry
The EU-U.S. trade deal could have one unexpected winner: The UK
The EU-U.S. trade agreement has been met with scepticism as concerns over what it means for the bloc have emerged.
Industry
The EU-U.S. trade deal could have one unexpected winner: The UK
The EU-U.S. trade agreement has been met with scepticism as concerns over what it means for the bloc have emerged.
Industry
Tom Lee's Granny Shots ETF rakes in $2 billion in AUM just 9 months after inception
GRNY, an actively managed ETF, invests in around 35 high-quality stocks in the S&P 500.
Industry
Procter & Gamble beats estimates but warns tariffs will start to weigh on earnings
Procter & Gamble reported quarterly results that beat Wall Street’s expectations, but introduced 2026 guidance that included a $1 billion hit due to…
Industry
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