By Yantoultra Ngui SINGAPORE (Reuters) - DBS Group plans to boost assets under management for its wealth business to S$500 billion ($369.7 billion) by the end of 2026, said the unit's head, as the top Singaporean bank bets on robust inflows into the city state. Wealth assets at DBS grew 23% to a record S$365 billion last year, as Singapore...

04:57 AM EDT, 06/12/2024 (MT Newswires) -- (Updates with the stock move in the headline and the first paragraph.) Oracle (ORCL) shares were up 9% in premarket activity Wednesday after the company reported overnight an increase in fiscal Q4 sales and unveiled partnerships with Microsoft ( MSFT ) and Alphabet's (GOOG, GOOGL) Google ( GOOG ). The company reported fiscal...

BEIJING (Reuters) - China will take all necessary measures to firmly safeguard its lawful rights and interests after a newspaper reported that the European Commission would impose tariffs of up to 25% on imported Chinese electric vehicles (EVs), its foreign ministry said on Wednesday. After an eight-month long investigation, the Commission, which oversees trade policy for the 27-nation European Union,...

04:54 AM EDT, 06/12/2024 (MT Newswires) -- Belite Bio ( BLTE ) said Wednesday its oral tablet tinlarebant for the treatment of Stargardt disease has secured Sakigake, or pioneer drug designation, by the Ministry of Health, Labor and Welfare in Japan. Sakigake designation is intended to accelerate the drug approval process in Japan for innovative drugs with prominent effectiveness targeting...