Driven by strong demand for wealth management and insurance solutions in Asia, OCBC posted record financial results for the third year in a row. The Singapore-based bank reported a net profit of S$7.6 billion (US$5.9 billion) for its 2024 financial year, and total income rose by 7 per cent to S$14.5 billion. Within the year,
By Tyler Arnold Washington, D.C. Newsroom, May 22, 2025 / 18:13 pm As part of President Donald Trump’s efforts to reshape American foreign aid, his administration is ending federal funds for nearly a dozen projects operated by Catholic Relief Services (CRS) to provide free school meals to children internationally. The United States Department of Agriculture
Billionaire investor Warren Buffett’s Berkshire Hathaway heavily sold banking shares in Q1, according to a 13f filing with the US Securities and Exchange Commission. The Oracle of Omaha sold all shares of Brazilian bank Nu Holdings, which has its own crypto platform. He disposed of 40.18 million shares of the bank during the quarter that
Malaysia’s anti-corruption agency is pushing for sweeping new powers to strike deals with suspects and recover illicit funds before they can vanish overseas – a move officials say could help plug billions of dollars lost to money laundering and organised crime. Criminal syndicates are increasingly using Malaysia to launder money, authorities warn, while the country
Crypto lender Nexo said it is reentering the U.S., marking a comeback two years after regulatory friction forced its exit. “America is back and so is Nexo,” Co-founder Antoni Trenchev said at a press event Sunday in Bulgaria with Donald Trump Jr., crediting what he described as a more favorable environment for innovation under the
Investors’ fever dream could soon be over. Markets have been cast into the world of the bizarre over the last few weeks. An escalating trade war with China has led to a staggering 125% tariff on goods from one of America’s biggest trading partners. Most countries worldwide were — and may still be, come July
April 25 – With the Dow Jones Industrial Average (.DJI), opens new tab posting five daily declines of 500 points or more so far in April, it was only a matter of time before headlines began to appear recapping past stock market calamities and the pain that followed. A short economic history lesson, however, highlights
MN Senate District 6 results are in We now know the two candidates who will face off in the special election for Minnesota Senate District 6, which covers Brainerd and areas to the north of the city stretching to Grand Rapids. (FOX 9) – The Minnesota DFL has accused Republican candidate Keri Heintzeman in the
WASHINGTON Turkish Finance Minister Mehmet Simsek said Tuesday that Türkiye remains committed to “prudent, responsible and sustainable macroeconomic policies” in the face of ongoing global economic uncertainty as he reaffirmed the government’s economic program during meetings in Washington, DC. Speaking at an event organized by the Atlantic Council on the sidelines of the spring meetings
By Tyler Arnold Washington, D.C. Newsroom, Apr 10, 2025 / 16:30 pm The U.S. Conference of Catholic Bishops (USCCB) and Catholic Relief Services (CRS) are urging lawmakers in the House of Representatives to approve tens of billions of dollars in international humanitarian assistance in an upcoming appropriations bill. CRS Executive Vice President Bill O’Keefe provided