Wednesday, April 29, 2020

DBS Q1 profit slumps to 2-1/2-year low on virus loan loss provisions

DBS Q1 profit slumps to 2-1/2-year low on virus loan loss provisions Southeast Asia#39;s biggest lender joined HSBC and Standard Chartered in provisioning higher credit losses to guard against the fallout from the crisis.

from Moneycontrol Business News https://ift.tt/2Sl3n6I

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S&P 500, Nasdaq end higher on Amazon-OpenAI deal; Fed path forward grows murky

Artificial intelligence deals propelled the S&P 500 and Nasdaq higher on Monday, with Amazon's $38 billion agreement with OpenAI and...