Top StoriesEngland’s economic revival will take time: BoEGBO CorrespondentAugust 6, 2020 GBO CorrespondentAugust 6, 202001206 A 9.5 percent plunge in the economy is expected this year
Top StoriesHSBC slashes bonus pool by $600 million in Q1GBO CorrespondentAugust 6, 2020 GBO CorrespondentAugust 6, 202001403 The bonus pool shrank despite a 55 percent surge in the bank’s second quarter revenue
Top StoriesDBS, United Overseas Bank see slump in profitsGBO CorrespondentAugust 6, 2020 GBO CorrespondentAugust 6, 202001411 The net income of DBS shrank by 22 percent compared to a year earlier
Top StoriesThe Philippines enters recession amid Covid-19 pandemicGBO CorrespondentAugust 6, 2020 GBO CorrespondentAugust 6, 202002512 The economy slumped by 16.5 percent in the last three months
Top StoriesWiserfunding seeks to foray into Indian marketGBO CorrespondentAugust 5, 2020 GBO CorrespondentAugust 5, 202001727 The company will inject $3 million to $5 million for the development
Top StoriesHong Kong’s pre-owned homes sales slump amid Covid-19 pandemicGBO CorrespondentAugust 5, 2020 GBO CorrespondentAugust 5, 202001211 Several buyers have shifted their interest toward new project
Top StoriesAlibaba Health plans to secure $1.06 billion through share saleGBO CorrespondentAugust 5, 2020 GBO CorrespondentAugust 5, 202001368 The company is offering 400 million new shares for the deal
Top StoriesGlobal oil prices increase for the first time in six monthsGBO CorrespondentAugust 4, 2020 GBO CorrespondentAugust 4, 202001664 Many economies have resumed manufacturing activities
Top StoriesGrab secures $200 mn funding from Stic InvestmentsGBO CorrespondentAugust 4, 2020 GBO CorrespondentAugust 4, 202001650 The capital infusion puts Grab’s valuation at $14.3 billion
UnassignedSeven & i takes over Marathon Petroleum’s Speedway gas stations for $21 bnGBO CorrespondentAugust 4, 2020 GBO CorrespondentAugust 4, 202001220 The acquisition will help Seven & i to increase its store count in Canada and the US