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China s smaller banks cut deposit rates to ease margin pressure

A string of small and mid-sized Chinese banks are following their larger peers and cutting deposit interest rates in the first broad-based move since 2015 to ease pressure on margins after. | September 29, 2022

Samsung Electronics estimates first-quarter profit jumped 50% on solid chip demand By Reuters

© Reuters. FILE PHOTO: The logo of Samsung Electronics is seen at its office building in Seoul, South Korea South Korea, October 11, 2017. REUTERS / K

BP signs long-term deal with Shenzhen Gas

BP signed a gas sales and purchase agreement with Shenzhen Sino-Benny LPG Co Ltd on Wednesday, the first long-term deal with price indexed to international LNG in China's domestic gas market, to support China's growing energy needs.

Summit Oil signs pact with Commonwealth LNG for supply to Bangladesh | Hellenic Shipping News Worldwide

Summit Oil signs pact with Commonwealth LNG for supply to Bangladesh | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Australia s Zip reports record Q3 revenue growth, eyes expansion in Canada and Asia

Picked up stake in Philippine BNPL in third quarter Made soft launch in Canada in third quarter April 13 (Reuters) - Australian buy-now-pay-later (BNPL) firm Zip Co Ltd on Tuesday posted record revenue, transaction volumes and customer growth in the third quarter and unveiled plans to expand into Canada and Southeast Asia, sending its shares soaring over 11%. The strong performance was driven by growth at Quadpay, its U.S. unit, where customers, volumes and revenue grew in triple digits as competition with larger rivals Afterpay, Klarna and Affirm in the world’s top economy heats up. Zip, which has been beefing up its international presence to better compete, picked up a strategic stake in Philippine firm TendoPay and made a soft launch in Canada during the quarter.

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