A stronger economy, higher interest rates and rising wealth is expected to boost income at DBS Group Holdings Ltd., Oversea-Chinese Banking Corp. and United Overseas Bank Ltd. After several quarters hit by bad loans, a Bloomberg survey shows they're poised to post double-digit profit growth for the
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A regular feature of U.S. stock market downdrafts over the last few years has been stabilization during the weekend after traders got a chance to breathe. Not so this time. U.S. stock index futures fell for a third day, extending losses after signs of encroaching inflation and surging bond yields sent major
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Australia is emerging as an outlier in the developed-world story of faster economic growth and inflation, pushing the central bank to the sidelines as flat wages and a strengthening currency keep prices in check. Reserve Bank of Australia Governor Philip Lowe and his board will keep interest rates
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In China, the cars are becoming smarter. Last week, Alibaba Group Holding Ltd. and Foxconn Technology Co. Ltd. led a $348 million fundraising round for Guangzhou Xiaopeng Motors Technology Co. Ltd., a three-year-old startup developing internet-connected, electric cars. The investment might seem
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