Deutsche Bank AG’s incoming retail and wealth management division head, Claudio de Sanctis, is preparing a revamp of the unit that will look to seize on faster growth in international markets.
New Zealand’s ruling Labour Party has lost a third minister in the space of three months, weakening its claim to be a safe pair of hands ahead of a general election in October.
A gauge of Hong Kong’s key borrowing rates has caught up with its new US equivalents, diminishing at least temporarily the appeal of a popular carry trade that borrows the local currency to buy the greenback.
Chinese-founded online fast-fashion giant Shein won approvals to re-enter India only after agreeing to a stringent licensing deal with Mukesh Ambani’s Reliance Industries Ltd., according to people familiar with the matter.
Any attempt by China to find its own reincarnation of Tibetan spiritual leader the Dalai Lama may result in two different successors and a “lifelong headache” for Beijing, the leader of Tibet’s government-in-exile said.
Singapore Airlines has unseated rival Qatar Airways as the world’s best airline in 2023, according to an annual poll of fliers.
China’s yuan tumbled past the closely watched 7.2-per-dollar level and analysts are bracing for more losses after Beijing showed little resistance to the decline.
Revenue among Taiwan’s major Apple Inc. suppliers fell for a fourth straight month in May, as high living costs keep a lid on consumer discretionary spending.
Canal+, the French broadcaster owned by billionaire Vincent Bollore’s Vivendi SE, has agreed to buy a significant minority stake in Hong Kong-listed PCCW Ltd.’s Viu unit as part of a partnership agreement between the two media groups.
Sembcorp Industries Ltd.’s worst one-day drop in three years failed to dent the unanimous support it enjoys from equity analysts amid its climb to successive record highs.
