Japan's SMFG lifts profit forecasts after Q2 net income rises 27%

Sumitomo Mitsui Financial Group forecasts a record annual net profit of 1.16 trillion yen, driven by a 27% rise in second-quarter earnings due to higher interest rates.

OpenAI secures $4 billion credit line after big funding round

Exclusive-ANZ, Gunawan family consider selling control of Indonesia's Panin Bank, sources say

UBS in talks on Indian minority-owned wealth joint venture, say sources

UBS is negotiating a wealth management joint venture with 360 One WAM to target high net worth individuals in India, expanding its asset management services in the region.

U.S. Steel's proposed $14.9 billion merger with Nippon Steel

President Biden plans to block Nippon Steel's $14.9 billion bid for U.S. Steel due to national security concerns, facing bipartisan political resistance.