DBS Posts Lowest Profit Since 2012 as Trading Income Slumps

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 …

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 …

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 …

Delta Is Bringing the Boeing 717 Back Home to California

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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 …

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 …

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.