Net income including one-time items fell to S$838 million for the three months ended Dec. 31 from S$973 million a year earlier, the Singapore-based bank said in an exchange statement Tuesday. That missed the average forecast of S$1 billion in a Bloomberg survey of four analysts, and was the …
Category: Business
Israeli startup’s unique cybercrime solution
What’s it going to take to outsmart cybercriminals?
A photo of Samsung’s next Galaxy phone may have leaked, and it has a crazy curved screen
It looks like Samsung plans to release multiple different versions of its Galaxy S6, including one with a curved screen just like the Note Edge. Photos obtained by CNET Korea reportedly show five different variations of the phone, which is scheduled to be unveiled on March 1. Two of the phones …
Job figures can show latest impact of oil-price drop
Unemployment numbers for North America will offer the latest economic reality check. In Canada they can provide a clearer focus on whether falling oil prices are helping or hurting.
Morning Agenda: RadioShack’s Bankruptcy Filing – New York Times
Wall Street JournalMorning Agenda: RadioShack's Bankruptcy FilingNew York TimesEmail; Share; Tweet; Save; More. RADIOSHACK FILES FOR BANKRUPTCY | RadioShack has filed for bankruptcy, but is poised to live on in a diminished form, Rebecca R. Ruiz and Michael J. de la Merced report in DealBook. The Chapter 11 filing, in …
Silver’s $645 Million ETP Wipeout in One Day Flashes Warning
The metal’s price swings have rattled investors so much that even a 10 percent rally last month wasn’t enough to boost purchases of exchange-traded funds backed by silver. While the appeal of precious metals got a boost from stimulus measures in Europe and Asia aimed at bolstering stagnant economies, the …
Oil above $52, loonie back over 80 cents
The Toronto stock market shot up 162 points on Tuesday after oil continued the climb that has seen it gain 19 per cent in the last four sessions.
Wall Street posts second day of strong gains, led by energy – Reuters
ReutersWall Street posts second day of strong gains, led by energyReutersNEW YORK (Reuters) – U.S. stocks jumped more than 1 percent on Tuesday, led by energy shares as oil prices extended their recent rally, while higher-than-expected January car sales also bolstered the advance. Merger activity also helped, with shares …
The Toyota Camry is a family sedan that can handle NYC winter like an SUV
Among the automotive cognoscenti, the Toyota Camry gets little love. The sedan first arrived in the US in 1983. For over a decade, it’s been the top-selling four-door midsize ride in the country. People who love cars don’t much love the Camry, but people who love Camrys really love…
Delta Is Bringing the Boeing 717 Back Home to California
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Corinthian students get $480 million in debt relief
Thousands of college students who got roped into taking out high-cost loans to attend a for-profit college are getting some relief.
Turkey frees schoolboy arrested for ‘insulting’ Erdogan
Ankara (AFP) – A Turkish court on Friday freed a 16-year-old high school pupil arrested for “insulting” President Recep Tayyip Erdogan, amid accusations his detention was the latest sign of a lurch to authoritarianism under the strongman leader.The boy, Mehmet Emin Altunses, was released following a complaint by his …
BCE, Rogers partner to buy Glentel wireless retail chain
Rogers Communications Inc. and BCE Inc. have reached a deal to share control of a chain of cellphone stores that includes WirelessWave, TBooth Wireless and Target Mobile.
Bulls Return to Russia ETF as Ruble Stabilizes – Bloomberg
euronewsBulls Return to Russia ETF as Ruble StabilizesBloombergInvestors are piling into the biggest exchange-traded fund tracking Russian equities at the fastest pace in more than a year as government measures to stabilize the ruble ease concern that there will be a prolonged stock rout. Asset managers added $126.2 …Russia …
Is It Legal to Crack Down on #BlackLivesMatter Protest Leaders?
The First Amendment doesn't stop police from arresting trespassers, but it makes it harder to punish people for inciting protests
Oil Trades Above $60 on Signs of Saudi Confidence in Rebound
Brent futures rose as much as 0.6 percent, climbing for the second time in three days. Saudi Arabia’s assumption of oil at $80 a barrel next year is sending a message that the government expects a price rebound, according to John Sfakianakis, a former economic adviser to the kingdom’s finance ministry.
Russia empties the vault to prop up the ruble
Russia’s central bank is running down its stash of foreign cash to try to stop its currency from plunging and contain the crisis threatening its economy.