Asian shares spooked by rising US yields, cost worries
Asian shares were under pressure on Wednesday, with a rise in U.S. bond yields above the 3 percent threshold and warnings from bellwether U.S. companies of higher costs driving fears that corporate earnings growth may peak soon.
KUALA LUMPUR: Public Bank Bhd’s net profit grew 4.83% to RM1.39bil in the second quarter ended June 30, compared with RM1.33bil in the same period last year mainly due to higher net interest income, higher income from Islamic banking business, lower loan impairment allowance and higher net fee and commission income.
Full decentralisation is seemingly the only way to go in order to provide transparency, free access to revenues and a wider market reach App developers have had enough. This time, they’re taking their fight all the way to the highest court in the U.S. Apple has been called to appear before Supreme Court judges to […]
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