Blue Heron Asset Management and design firm Cline will begin work soon on a 269-unit apartment project in Raleigh. The project, called Rosewood, will be at 611 West South Street. Blue Heron completed the $12.85 million land acquisition earlier this year. Spanning 399,000 square feet across two buildings and a central public plaza, Rosewood will comprise units…
(From left) CIMB Group consumer banking CEO Haniz Nazlan and, CIMB Malaysia consumer banking head Daniel Cheong. Credit: CIMB Group. Malaysia’s CIMB Bank Berhad has introduced CIMB Private Wealth, a wealth segment targeted at affluent clients in ASEAN. The Business Times reported that CIMB Group intends to roll out the private wealth business in Singapore…
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Shares of Karur Vysya Bank rallied as much as 10.6% to their day’s high of Rs 333 on the BSE on Tuesday after the lender reported a 44.92% YoY jump in net profit to Rs 756 crore in the first quarter, compared with Rs 521 crore a year earlier. Pre-provision operating profit (PPOP) rose 36.15%…
Data and AI focused Databricks has signed a term sheet for a significant strategic funding round that values the company at approximately $188 billion. This latest move, expected to close later in the summer of 2026, reflects the company’s rapid evolution from a specialized data analytics platform into a powerhouse enabling sophisticated AI applications for…
Shares of Netflix (NFLX 1.96%) recently closed at approximely $69, putting the streaming giant down 26% in 2026. The slide is part of a longer and more painful 48% decline over the past year or so. Netflix has generated life-changing returns for investors, so it has a strong reputation on Wall Street and hasn’t fallen…
21 July 2026 Credit standards tightened moderately for firms amid higher perceived risks Business loan demand rose slightly, while household loan demand decreased Credit standards tightened most in sectors such as the car industry and energy-intensive manufacturing According to the July 2026 bank lending survey (BLS), euro area banks reported a moderate net tightening of…
Shares of leading private lender HDFC Bank fell 1.5% to Rs 766 on Tuesday, extending their decline to over 6% in two sessions, after the bank reported a 5% YoY increase in standalone net profit for the April-June quarter of FY27. The bank posted a standalone net profit of Rs 19,060 crore for the quarter,…
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. A federal judge ruled Friday that the Trump administration violated the law when it fired former Federal Emergency Management Agency CFO Mary Comans last year without providing the procedural protections afforded to career federal employees. Instead of…
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