Income Statement (ASIA/UNITED/BANK)

ASIA/UNITED/BANK NEWS

China is now the biggest debt collector in the developing world, report says By Scott - 4 weeks ago

China has dramatically curtailed its lending in recent years. Now, it's emerging as the largest debt collector for many of the world's poorest nations a shift that threatens to undermine poverty redu… [+4587 chars]...

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Why People Around the World Are Having Fewer Kids, Even If They Want Them By Chantelle - 1 week ago

People across the world have been having fewer and fewer children, and its not always because they dont want them. The global fertility rate has, on average, dropped to less than half what it was in… [+7645 chars]...

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HSBC to close its US business banking unit to simplify operations By Jaiveer - 3 weeks ago

By Jaiveer Shekhawat and Saeed Azhar (Reuters) -HSBC is exiting its business banking portfolio in the United States, as it continued to simplify operations and shift its focus to Asia and Middle Eas… [+1167 chars]...

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What is the ‘revenge tax’ in the US tax bill? By Andy - 3 weeks ago

Tucked within the proposed Big Beautiful Bill, the more than 1,000-page tax and spending overhaul that United States President Donald Trump wants to see enacted in law, is a provision that is being r… [+5709 chars]...

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Southeast Asia’s Largest Companies 2025: The Region Makes Its Mark On The Global 2000 With Banks Leading The Way By Site Author - 1 week ago

DBS is the top-ranked company in Southeast Asia on the Global 2000. OSLAN RAHMAN/AFP via Getty Images Southeast Asian countries reaped a windfall after U.S. President Donald Trump imposed tariffs o… [+5406 chars]...

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Why all eyes are on the Strait of Hormuz, a 90-mile strip critical to global oil prices By Site Author - 4 days ago

Global investors are on alert about a 90-mile sea passage in the Middle East, fearing that any block of the Strait of Hormuz could derail global shipping and oil. Tensions in the Middle East escalat… [+4874 chars]...

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