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Credit Suisse posted $4 billion loss in second quarter, Sonntagszeitung reports

Credit Suisse had already forecast a significant pre-tax loss for the second quarter and full year 2023 in April, given its move to exit from non-core businesses and due to restructuring and financing costs.

Adani to invest Rs 2,000 cr to build 2 transmission lines in Mumbai city, ET EnergyWorld

Adani: "We hope to begin the work on the project from this October. The Thane line will begin after the first line and will be commissioned in 2027," a senior company official, who did not want to be quoted, told PTI.

DBS bets big on China s record wealth piled after GBA investors spooked by dismal run of property and stocks

DBS opens strategically located new outlet in Central to focus on customers coming from mainland ChinaChina’s savings have struck a historical peak after the property sector crash and a stock market underperformance soured investor’s risk appetite

dbs bank: DBS Bank, Infor Nexus join hands to enable pre-shipment finance for SMEs

DBS Bank has partnered with Infor Nexus to aid small and medium-sized enterprise suppliers with pre-shipment financing, the companies said on Friday. The offering will use data from the Infor Nexus platform, a supply chain ecosystem, to provide data-based lending solutions. Suppliers will be able to use enhanced cashflows to fulfil orders before products are shipped.

DBS bets big on China s record wealth piled after GBA investors spooked by dismal run of property and stocks

DBS Bank is bulking up its presence in the Greater Bay Area to tap China's wealthy who are sitting on hoards of cash after their traditional investment areas - property and stocks - turned in dismal performances. The opening of a strategically located new outlet in Central will add to the Singapore lender's network of conveniently placed branches in Tsim Sha Tsui, Causeway Bay and Central, to focus on customers coming from mainland China. The new shop will be the flagship store of DBS Treasures,

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