Business

Singapore s Malayan Bank s first-quarter pre-tax profit fell 10.5% to RMB 179 million

Singapore s Malayan Bank s first-quarter pre-tax profit fell 10.5% to RMB 179 million

28 May 2025
According to the performance statement, Singapore Malayan Bank's first-quarter net fund-based income (net fund-based income) rose 20.1% year-on-year to RMB 193.07 million, thanks to lower financing costs and callbacks for adjusted real interest...
Mr. Xie, Director of the HKMA: US dollar assets are irreplaceable

Mr. Xie, Director of the HKMA: US dollar assets are irreplaceable

22 May 2025
Previously, S&P Global and Fitch lowered the US sovereign credit rating in 2011 and 2023 respectively. Moody's announcement also means that the United States has lost its last highest credit rating. Xie Yanzhen attended the Qatar Economic Fo...
New Telecom sells 1.2% of India s Badi equity, with a total amount of RMB 2 billion

New Telecom sells 1.2% of India s Badi equity, with a total amount of RMB 2 billion

20 May 2025
The statement said that the sole proprietorship subsidiary Pastel Limited sold 71 million shares of Bati Airtel at Rs 1,814 (about S$27.46) per share, which accounts for 1.2% of Bati Airtel's equity. The profit from the sale of equity is expecte...

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