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OCBC Group’s net profit up 9% to $2.9B in H1 2024

OCBC Group’s net profit up 9% to $2.9B in H1 2024

<!– –> Back Published on 2 August 2024 312 Views <!– comments –> Print OCBC Group’s net profit up 9% to $2.9B in H1 2024 5 min read Oversea-Chinese Banking Corporation (OCBC) reported a net…

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Analysis-Global stock traders face dip-buying dilemma after crushing selloff By Reuters

Analysis-Global stock traders face dip-buying dilemma after crushing selloff By Reuters

By Lewis Krauskopf and Suzanne McGee (Reuters) – A selloff that rocked equity markets around the world is clouding the outlook for investors looking to buy stocks on the cheap, as worries over the U.S.…

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L’Italie et la BAD vont miser 400 millions d’euros sur secteur privé en Afrique

L’Italie et la BAD vont miser 400 millions d’euros sur secteur privé en Afrique

(BANQUE AFRICAINE DE DEVELOPPEMENT) – La Cassa Depositi e Prestiti (CDP), institution nationale de promotion de l’Italie et le Groupe de la Banque africaine de développement prévoient d’investir ensemble jusqu’à 400 millions d’euros sur cinq…

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Fed’s Barkin tells PBS program he won’t prejudge what to do at next meeting By Reuters

Fed’s Barkin tells PBS program he won’t prejudge what to do at next meeting By Reuters

By Michael S. Derby NEW YORK (Reuters) – Richmond Federal Reserve President Thomas Barkin said he is not ready to change his monetary policy outlook after the release of unexpectedly weak U.S. jobs data on…

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OCBC enhances corporate cash management through competitive features- The Asian Banker

OCBC enhances corporate cash management through competitive features- The Asian Banker

By addressing key pain points and prioritising customer experience, OCBC sets new standards for convenience, functionality, and safety with enhanced platforms, robust security measures, and innovative business payment solutions Customers are increasingly turning to digital…

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Cartona obtient une extension de série A de 8,1 millions $

Cartona obtient une extension de série A de 8,1 millions $

(Agence Ecofin) – Ce financement complète les 12 millions $ levés sous forme de série A par la plateforme en juillet 2022. La start-up égyptienne de d’e-commerce Cartona a levé 8,1 millions $ sous forme de dette…

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U.S. keeps Vietnam as non-market economy, despite efforts to woo Hanoi By Reuters

U.S. keeps Vietnam as non-market economy, despite efforts to woo Hanoi By Reuters

By David Brunnstrom and Phuong Nguyen WASHINGTON/HANOI (Reuters) -The U.S. Commerce Department announced on Friday it will continue to classify Vietnam as a non-market economy country, a decision disappointing to Hanoi, which the U.S. has…

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Revolut receives UK banking licence, but reasons to remain sceptical- The Asian Banker

Revolut receives UK banking licence, but reasons to remain sceptical- The Asian Banker

Revolut, a notable player in European fintech, received its UK banking licence on 25 July 2024. This has been widely celebrated by the international financial technology community. Yet, there are numerous caveats to consider. Revolut’s…

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Le Bénin veut racheter la filiale locale de Société Générale et sa succursale au Togo

Le Bénin veut racheter la filiale locale de Société Générale et sa succursale au Togo

(Agence Ecofin) – Les conditions financières de la transaction n’ont pas été dévoilées, mais le total bilan cumulé des activités concernées était de 376 milliards de FCFA à la fin de 2023. L’Etat béninois renforcerait…

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BoE rate cut adds to sense of turnaround in sluggish UK economy By Reuters

BoE rate cut adds to sense of turnaround in sluggish UK economy By Reuters

By William Schomberg LONDON (Reuters) – The Bank of England’s first interest rate cut in more than four years will help to foster a cautious sense of optimism about Britain’s long-struggling economy, but the scale…

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