PJdesk

Euromoney names UBS "World's Best Bank UBS has been honored with the prestigious title of "World’s Best Bank" at the Euromoney Awards for Excellence 2024....

Kraken Institutional Launches Custody Services in UK and Australia Kraken's newly launched institutional business unit, Kraken Institutional, has begun offering custody services to customers in...

India will be the fastest-growing economy The Asian Development Bank (ADB) has slightly raised its economic growth forecast for developing Asia and the Pacific this...

ABB Switzerland quarterly result Update:KEY FIGURESCHANGECHANGE($ millions, unless otherwise indicated) Q2 2024 Q2 2023 US$ Comparable1 H1 2024 H1 2023 US$ Comparable1Orders 8,435 8,667 -3% 0% 17,409 18,117 -4% -2%Revenues 8,239 8,163 1% 4% 16,109 16,022 1% 3%Gross Profit 3,174 2,888 10%6,109 5,604 9%as % of revenues 38.5% 35.4% +3.1 pts37.9% 35.0% +2.9 ptsIncome from operations 1,376 1,298 6%2,593 2,496 4%Operational EBITA1 1,564 1,425 10% 12% 3 2,981 2,702 10% 11% 3as %...

ADB Maintains India's Growth Rate Projection at 7.0% for FY 2024 The Asian Development Bank (ADB) has upheld its projected growth rate for India at...

BlackRock's iShares Bitcoin Trust (ETF) Surpasses $20 Billion in Assets BlackRock's iShares Bitcoin Trust (IBIT) ETF has exceeded $20 billion in assets under management just...

RBI has imposed monetary penalties on the following banks for different reasons: 1. Sivagangai District Central Co-operative Bank Limited, Sivagangai, Tamil Nadu: The Reserve Bank of...

WTO news update: At the TNC meeting, WTO Director-General Okonjo-Iweala acknowledged that members were "a bit stuck" on several key issues but noted a positive...

Swiss Re Institute: Robust Economies Set to Drive Insurance Growth and Profitability Geopolitical tensions and higher inflation have led to economic concern in recent years....

Metaplanet, 'Asia's MicroStrategy,' Acquires Fresh Round of Bitcoins Japanese public company Metaplanet, often referred to as ‘Asia’s MicroStrategy,’ has amassed a fresh round of Bitcoins...