• Sun, February 9, 2025

by: MSN

Consumer protection agency CFPB neutralized by Trump's new chief

The U.S. Consumer Financial Protection Bureau was rapidly defanged over the weekend with all activities suspended, its upcoming funding facing a cut and its headquarters temporarily shuttered, removing a layer of oversight over consumer-facing financial companies.

by: Reuters

Taiwan looks to buy Alaskan natural gas as seeks to head off US tariffs

Taiwan is "quite interested" in natural gas from Alaska and will continue to assess the feasibility of purchases, the economy ministry said on Monday, as the government looks to narrow the trade surplus with the United States and head off tariffs.

by: MSN

Youths plan early for future

To most young people in their 20s and 30s, the idea of retirement may seem like a distant prospect, one that they put off thinking about until later in life. Read full story

by: Reuters

Japan runs record current account surplus in 2024 on foreign investment returns

Japan's current account surplus jumped to a record last year, data from the finance ministry showed on Monday, as a weaker yen boosted returns on foreign investments that helped to comfortably offset a trade deficit.

by: MSN

Can We Achieve Sustained High Growth?

Until 1991, the union budgets used to evoke a lot of excitement for the wrong reasons. Given the prevailing license-permit-quota raj and oppressive government control of economic activity, tinkering with excise and customs duties used to be the favourite pastime of finance ministers.

by: Reuters

Singapore bank DBS fourth-quarter net profit rises 10% on year, meets forecast

DBS Group , Singapore's biggest bank, posted a 10% rise in net profit in the fourth quarter from a year earlier on the back of growth in both commercial book and markets trading, according to stock exchange filing on Monday.

by: Reuters

Singapore bank DBS fourth-quarter net profit rises 10% on year

DBS Group , Singapore's biggest bank, posted on Monday a 10% rise in net profit in the fourth quarter from a year earlier on the back of growth in both commercial book and markets trading, according to stock exchange filing.

by: MSN

Top Layer 1 New Crypto Presale Opportunities to Invest in 2025: 6 Coins Unlock Massive Potential and Gains!

Cryptocurrency has proven to be a rollercoaster ride for many investors. Every year, new coins are introduced, and the market's volatility can make or break fortunes almost overnight. But amidst all the hype and uncertainty,

by: MSN

Better to give incentives for local content, says business group

by: MSN

Ferdie Constantino ponders retirement, SMC and RSA

After more than 50 years with conglomerate San Miguel Corp., Ferdinand K. Constantino finally put down his finance whiz hat. Constantino, or FKC as he is known in the business community, has been the San Miguel Group's CFO and treasurer since 2001 - serving for 24 long years.

by: MSN

Taiwan's legacy chip industry contemplates future as China eats into share

By Wen-Yee Lee TAIPEI (Reuters) -When Taiwan's Powerchip Technology entered a deal with the eastern Chinese city of Hefei in 2015 to set up a new chip foundry, it hoped the move would help provide better access the promising Chinese market.

by: MSN

After the Moss Landing battery fire, should California limit where battery storage plants can be built?

With construction near homes, schools and businesses, a growing call for more limits on key renewable technology

by: MSN

Philadelphia launches $5M Small Business Catalyst Fund to help local entrepreneurs

Philadelphia officials announced new finding to help small businesses and entrepreneurs grow in the city. The Philadelphia Small Business Catalyst Fund is a $5 million investment that aims to boost Philadelphia's business environment and reduce barriers.

by: MSN

How 15-Minute Daily Meetings Changed My Business for the Better

by: MSN

Ramit Sethi: How Skepticism Is Hurting Your Finances (and How To Change Your Outlook)

It's common for people to be skeptical when it comes to their money. In fact, according to a 2023 Gallup survey, almost 50% of the population aren't even confident their money is safe in a

by: MSN

Elon Musk's private jet left the Washington, DC area for the first time since Trump's inauguration

Elon Musk has become a key figure in President Donald Trump's administration, heading up the Department of Government Efficiency.
  • Mon, February 10, 2025

by: ProPakistani

Govt Likely to Withdraw Excise Duty on Property Transfer

The federal government is expected to withdraw the federal excise duty (FED) on the transfer of plots and commercial properties under the Finance Act 2024

by: Indiatimes

Stock Market Highlights: Nifty to extend weakness below 23,290, forms red candle. How to trade on Tuesday

Stock Market Highlights | The Nifty index opened on a marginal negative note, saw selling pressure, and finally settled the day on a negative note at 23,382 level. The volatility index, India VIX, rose 5.

by: business

OutstandingBrands2025: Fidelity Bank's journey from bold beginnings to unmatched leadership

A legacy of bold beginnings In 2006, at a time when banking halls were cold, transactional spaces with tellers barricaded behind cages, Fidelity Bank Ghana dared to ask: What if banking could be human?

by: Tuko

Kenya Airways Announces 13 Job Vacancies in Nairobi

Kenya Airways has announced 13 job vacancies across operations, finance, IT, and human resources, inviting qualified candidates to apply before the deadlines.

by: coloradopolitics

CO PO Calendar | Feb. 10-16

CoPo's weekly political calendar will help you find political and public-policy events throughout Colorado. It includes candidate and issue campaign events, public policy meetings, court hearings, sta

by: Kiplinger

These 6 Things Retirees Grew Up With Are Going Away or Are Gone

Over the past six years the number of checks written has declined at a rate of 7.2% per year. At the peak in 1995, 49.5 billion checks were written annually. As of 2022, it fell to 11.2 billion, a more than 77% decline, according to the Federal Reserve.

by: cnbctv18

Income Tax Bill LIVE updates: New bill expected to be tabled in Parliament by FM this week

Budget 2025 has made income up to ₹12 lakh effectively tax-free under the new tax regime. The Finance Minister increased the no-tax limit from ₹7 lakh to ₹12 lakh and introduced revised tax slabs.

by: Reuters

UBS whistleblower verdict thrown out despite US Supreme Court win

A former UBS bond strategist who persuaded the U.S. Supreme Court to make it easier for corporate whistleblowers to win retaliation lawsuits suffered a setback on Monday, as a jury verdict awarding him back pay and other damages was thrown out.

by: Kiplinger

Six Risks of Delaware Statutory Trusts in 1031 Exchanges

Here's how proper preparation can help you successfully navigate these DST risks, from market uncertainties to structural limitations.

by: Tuko

Safaricom Advertises Internship Opportunities for Kenyan Students and Graduates, How To Apply

Safaricom said the Annual Internship Program for 2025/26 will be offered across different departments including Human Resources, Finance, and Cyber Security.

by: AOL

What Will Happen If Congress Doesn't Extend the Expiring Tax Cuts and Jobs Act in 2025?

With the Republican party taking control of not just the White House but both chambers of Congress, the Tax Cuts and Jobs Act of 2017 (TCJA) may have gotten a reprieve. The sweeping tax legislation

by: Indiatimes

Sensex Today | Stock Market LIVE Updates: Sensex falls over 750 pts, Nifty below 23,350; all sectoral indices trade in the red

Stock Market LIVE Updates | Benchmark equity indices Sensex and Nifty traded lower on Monday, as global trade concerns dampened investor sentiment following U.S. President Donald Trump announcement to impose reciprocal tariffs on several countries this week.

by: Reuters

Dongfeng Motor shares surge as restructuring plans prompt merger speculation

Shares of Dongfeng Motor soared as much as 85.8% in Hong Kong on Monday after the Chinese automaker said its parent was planning a restructuring, stoking speculation that some of the state-owned players could be merged as competition grows.

by: Reuters

Moody's warns of triple-A threat if Trump pulls World Bank support

The triple-A ratings of the World Bank and other top multilateral lenders would be at risk if the United States withdraws support for them following a review ordered by U.S. President Donald Trump, credit rating agency Moody's warned.

by: Reuters

Hyatt to acquire Playa Hotels for $2.6 billion

Hyatt Hotels will buy Playa Hotels & Resorts for about $2.6 billion including debt, net of cash, the company said on Monday, seeking to expand its presence in Mexico and the Caribbean.

by: Reuters

Singapore's DBS surges to record on higher margins, capital return plans

DBS Group , Singapore's biggest bank, posted a 10% rise in net profit in the fourth quarter from a year earlier on the back of growth in both commercial book and markets trading, according to stock exchange filing on Monday.

by: Reuters

Billionaire Trump says time's up for lowly US penny

U.S. Treasury Secretary Scott Bessent has been ordered to cease production of the one-cent coin known as the penny, President Donald Trump said in a posting on his Truth Social media account on Sunday.

by: MSN

WSJ Crossword February 11 2025 Answers (2/11/25)

Our WSJ Crossword February 11, 2025 answers guide should help you finish today's crossword if you've found yourself stuck on a crossword clue. The Wall Street Journal Crossword is a well-known and respected puzzle that appeals to solvers looking for a challenging and thought-provoking experience.

by: MSN

Poland's Tusk expects $160 billion of investment in 2025 to spur growth

Poland is likely to see total investment of more than 650 billion zlotys ($160 billion) in 2025, Prime Minister Donald Tusk said on Monday, as the government unveiled a package of measures including tax cuts and deregulation to spur growth.

by: MSN

Will AI take our jobs? North West's top tech entrepreneurs have their say at Turing Innovation Catalyst showcase

The Turing Innovation Catalyst (TIC) launched in 2023 to help North West startups to grow using AI and other digital technologies. The TIC's accelerator programme aims to help s

by: MSN

As tariffs loom, the UK-India trade deal is all the more important

Tariffs are the road to ruin. But the UK still has many opportunities with trade partners like India, writes Lord Mayor Alastair King.

by: MSN

ASML Holding N.V. (ASML): A Bull Case Theory

We came across a bullish thesis on ASML Holding N.V. (ASML) on Substack by Daan Rijnberk. In this article, we will summarize the bulls' thesis on ASML. ASML Holding N.V. (ASML)'s share was trading at $727.

by: MSN

Sustainability Network Partners With Columbia Global Center Mumbai For Expert Insights On Sustainability

Sustainability Network has joined hands with the Columbia Global Center Mumbai for a groundbreaking series of video interviews focused on sustainability. This initiative is a multi-platform storytelling initiative aimed at driving awareness and action on the planet's most pressing challenges.

by: MSN

Budget 2025: The dawn of simplified taxation - Union Budget's vision for growth

Budget is not just about numbers, it's about empowering citizens, strengthening trust, and igniting economic growth.

by: MSN

Hospitality in crisis - so what will new ministers do?

Chancellor's claim that draught duty reduction 'would shave a penny off a pint' just added insult to injury for publicans and the entire hospitality sector

by: MSN

Ten apprentices build careers across teams in eQS' dynamic apprenticeship programme

South Tyneside headquartered eQuality Solutions Group (eQS) is celebrating the success of its immersive apprenticeship programme, which ensures apprentices don't just learn - they thrive, with the aim of becoming integral members of the company.

by: MSN

Study reveals stock market's volatile response to Trump's 2024 victory

Financial markets are reacting not just to Donald Trump's return to the White House but also to the unpredictability of this victory, according to a new study from the University of Surrey. Investors must diversify their portfolios to mitigate risks associated with political volatility and to remain vigilant about the potential for abrupt market corrections.

by: MSN

WSJ's Tim Higgins on Elon Musk's playbook: A win begets a win in his thinking

Tim Higgins, Wall Street Journal business columnist, joins 'Squawk Box' to discuss Elon Musk's growing influence in Washington, how Musk is bringing his business playbook to DC, and more.

by: MSN

Leo, Daily Horoscope Today, February 10, 2025: Caution is advised in decision-making and spending

Leo may face temporary challenges in confidence and motivation, impacting productivity and financial stability. Caution is advised in decision-making and spending. Relationship tensions could arise, requiring open communication.

by: MSN

Budget 2025: MSME definition revision a 'good decision,' says India Inc; seeks more 'aha moments' for ease of doing business

Experts have hailed certain measures announced in the Budget aimed at supporting MSMEs and exports; however, they are advocating for further streamlining of processes that can enable ease in customs and regulatory updates.

by: MSN

Budget 2025: Government rationalises amalgamation provisions - losses now limited to 8 years from original year

The budget's overarching theme focused on regulatory and policy changes aimed at easing the burden on taxpayers. During the budget speech, specific emphasis was placed on rationalising merger provisions in India through introduction of procedures which is likely to be aimed at reducing regulatory hurdles.

by: MSN

INTERVIEW | 'Census, per capita income reasons for low budget allocation': TM Vijay Bhaskar

Former chief secretary and ex-chairman of the Second Karnataka Administrative Reforms Commission TM Vijay Bhaskar spoke to TNIE editors and reporters on the State and Union budgets, importance of having an elected local body in Bengaluru,

Singapore bank DBS fourth-quarter net profit rises 10% on year

DBS Group , Singapore's biggest bank, posted on Monday a 10% rise in net profit in the fourth quarter from a year earlier on the back of growth in both commercial book and markets trading, according to stock exchange filing.
DBS Group Holdings Ltd, Singapore's largest bank, reported a 2% increase in its fourth-quarter net profit, reaching S$2.39 billion ($1.78 billion), which was slightly below the S$2.41 billion expected by analysts. This growth was driven by a 9% rise in fee income, although this was offset by a 7% decrease in net interest income due to narrower margins. For the full year, DBS's net profit surged by 26% to S$10.06 billion, surpassing its previous record set in 2021. The bank also announced a final dividend of 54 Singapore cents per share, contributing to a total annual payout of S$2.02 per share. Looking forward, DBS expects a return on equity of 15% to 17% for 2024, with total income growth projected at 5% to 7%, despite anticipating a slight decrease in net interest margins.

Read the Full Reuters Article at:
https://www.reuters.com/business/finance/singapore-bank-dbs-fourth-quarter-net-profit-rises-10-year-2025-02-09/