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12 Feb UPDATE 2-Credit Suisse posts best profit since 2010 in Thiam swan song

Posted at 06:44h in News by KMFSLLP 0 Comments

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Credit Suisse posted a 69% rise in annual net profit on Thursday in a bittersweet swan song for outgoing Chief Executive Tidjane Thiam.

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12 Feb WRAPUP 4-Coronavirus death toll leaps, party bosses in China’s Hubei province sacked

Posted at 06:37h in News by KMFSLLP 0 Comments

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The Chinese province at the epicentre of the coronavirus outbreak reported a record rise in the death toll on Thursday under a new diagnostic method, and Beijing sacked two top provincial officials after criticism of their handling of the crisis.

12 Feb Insurer NN Group announces plan for share buybacks and rising dividends

Posted at 06:23h in News by KMFSLLP 0 Comments

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Dutch insurer NN Group said on Thursday it will buy back 250 million euros ($271.8 million) of shares annually starting this year and aim to increase dividend every year, after it saw operating profit rise 10% last year.

12 Feb Credit Suisse posts 69% annual net profit rise

Posted at 06:15h in News by KMFSLLP 0 Comments

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Credit Suisse posted a 69% rise in annual net profit on Thursday in a bittersweet swan song for outgoing Chief Executive Tidjane Thiam.

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12 Feb UPDATE 1-Zurich Insurance boosts operating profit 16%, ups dividend

Posted at 06:11h in News by KMFSLLP 0 Comments

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Zurich Insurance Group posted a 16% rise in 2019 business operating profit on Thursday as it benefited from an improved business mix, lower volatility and cost savings.

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12 Feb Yes Bank delays quarterly results; shares up amid fresh fund raise talks

Posted at 05:58h in News by KMFSLLP 0 Comments

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Troubled Indian lender Yes Bank Ltd said it will delay disclosing its October-December earnings by at least a month, and that it was in talks with potential investors for a cash infusion, sending its shares up almost 6% in Thursday trade.

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12 Feb UPDATE 3-DBS flags small impact from coronavirus, Q4 profits top estimates

Posted at 05:57h in News by KMFSLLP 0 Comments

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* Singapore banks face challenging outlook in weak economy (Writes through, adds CEO's comments)

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12 Feb REFILE-UPDATE 1-Hong Kong property developers cut retail rents in Feb amid virus battle

Posted at 05:35h in News by KMFSLLP 0 Comments

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Major shopping mall landlords in Hong Kong are offering cuts in February rent by as much as 60% to help tenants ride out the effects of the coronavirus outbreak.

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12 Feb China stocks snap 7-day rally as new coronavirus cases soar

Posted at 05:00h in News by KMFSLLP 0 Comments

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Shares in China fell on Thursday, recoiling after a week-long streak of gains, after new cases of the coronavirus soared and death toll leapt at the epicentre of the outbreak.

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12 Feb Spain welcomes post-Brexit chance for Gibraltar talks

Posted at 05:00h in News by KMFSLLP 0 Comments

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Madrid interested in pragmatic accords with territory, says foreign minister

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News

12 Feb UPDATE 2-Credit Suisse posts best profit since 2010 in Thiam swan song

12 Feb WRAPUP 4-Coronavirus death toll leaps, party bosses in China’s Hubei province sacked

12 Feb Insurer NN Group announces plan for share buybacks and rising dividends

12 Feb Credit Suisse posts 69% annual net profit rise

12 Feb UPDATE 1-Zurich Insurance boosts operating profit 16%, ups dividend

12 Feb Yes Bank delays quarterly results; shares up amid fresh fund raise talks

12 Feb UPDATE 3-DBS flags small impact from coronavirus, Q4 profits top estimates

12 Feb REFILE-UPDATE 1-Hong Kong property developers cut retail rents in Feb amid virus battle

12 Feb China stocks snap 7-day rally as new coronavirus cases soar

12 Feb Spain welcomes post-Brexit chance for Gibraltar talks

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