10/23/2015
Public Bank net profit at RM1.2bil in third quarter
Net profit for the quarter increased marginally to RM1.2bil compared with a year ago.
Retail Banking
10/20/2015
HAPFS AUM hits record high
The annual report noted that both the euro and the RMB, the scheme’s foremost investment currencies after the US dollar, had been particularly volatile and that the scheme had proactively hedged its exposure to them as a result.
10/20/2015
HCL Tech posts weak numbers in Sept quarter
Net profit down 7.9% owing to one time client provision; profit, revenue figures narrowly miss estimates
10/19/2015
Asian markets witness mixed response as China GDP growth slows
Though the GDP number of 6.9% reported by China's National Bureau of Statistics beat analyst estimates, it falls short of the Chinese government's target of 7%.
10/16/2015
Challenger annuity sales grow 12 per cent
This is largely based around Challenger annuities becoming available on several investment platforms during 2015, most notably at Colonial First State.
10/07/2015
Singapore to release Q3 GDP, monetary policy statement on Oct 14
The Monetary Authority of Singapore will release its half-yearly monetary policy statement at the same time
09/25/2015
Hao Capital Doubles Investors Money Amid Market Volatility
Data from eVestment, an industry tracker showed that the average China-oriented fund recorded 1.09% return during the first eight months of this year.
09/17/2015
Ernst & Young Sees Global Revenues Jump 11.6%
The 11.6 percent growth rate this past fiscal year outpaced the firm’s 6.8 percent growth rate last year.
09/15/2015
BIMB posts flat net profit in Q2
To maintain asset quality, the bank continuously exercises robust credit management and vigilant underwriting standards.
09/14/2015
Macquarie Group tips 40pc rise in profit as Australian dollar weakens
The strategy has helped it post strong earnings growth and stable returns in recent periods
09/14/2015
Macquarie Group tips 40pc rise in profit as Australian dollar weakens
The company has previously estimated that a 10 per cent movement in the Australian dollar, against all major currencies, has a 7 per cent impact on full-year earnings.
09/02/2015
New Capital fund sees largest losses in China fallout
China’s equity market was hit with turmoil in the summer with the Shanghai composite down around 40 per cent since its peak.
09/01/2015
China mutual funds aggregate revenue hits 866.7 billion RMB for H1
The overall performance will still see a large decline compared to the first half figure
09/01/2015
Yellow Brick Road reduces loss
Yellow Brick Road Wealth Management has decreased its loss after tax to $2.55 million for the year ending 30 June 2015.
09/01/2015
Spring FG profit surges 113%
The result takes into account $880,000 of non-recurring costs associated with acquisitions, restructuring, an IPO and ASX listing.
08/31/2015
Acquisitions play large part in strong fund manager results
Acquisitions have driven the results of both Perpetual and Australian Unity with the two groups reporting strong increases in profit off the back of purchases made during the past financial year.
08/27/2015
Maybank posts higher Q2 earnings, div 24 sen
In the first half, its earnings rose 3.4% to RM3.285bil from RM3.117bil in the previous corresponding period.
08/27/2015
China Everbright Limited Announces 2015 Interim Results
Profit attributable to equity shareholders increases by 180% to HK$3.226 billion; Completes business structure optimisation to further enhance growth potential
08/26/2015
China Merchants Bank shows slowing profits, high bad debt in first half
Mainland lender sees first-half net rise a slower 8.26 per cent from 15 per cent a year ago to 33 billion yuan amid a sharp jump in bad debt
08/23/2015
Australian Islamic Fund Manager Crescent Wealth hits $100million milestone
Since its launch on 22 February 2013 to 30 June 15, the same fund has achieved a great total return of 60.65%.