Morgan Stanley profit jumps 60% on higher trading revenue

Last Updated: Monday, April 20, 2015, 17:24

Wall Street investment bank Morgan Stanley reported a 60 percent rise in quarterly profit, boosted by higher revenue from trading bonds and equities.

Goldman Sachs earnings surge on strong trading results

Last Updated: Thursday, April 16, 2015, 19:32

Goldman Sachs` profits soared in the first quarter on heavy merger and acquisition activity and strong trading levels in financial markets, earnings released Thursday showed.

China-led AIIB will be lean, clean and green: Official

Last Updated: Sunday, April 12, 2015, 10:56

The bank has seen more than 40 prospective founding members by Saturday, with Spain, South Korea and Austria as the most recent prospective founding members.

Taiwan welcome to join AIIB under an "appropriate name": China

Last Updated: Wednesday, April 1, 2015, 16:28

China welcomes Taiwan's participation in the AIIB under an appropriate name, an official Chinese spokesman in-charge of Taiwan affairs said.

US ready to accept China-led infrastructure bank: US Treasury Secretary

Last Updated: Wednesday, April 1, 2015, 10:25

China and 20 other countries signed a memorandum of understanding to establish the Beijing-headquartered bank in October.

30 countries approved to join AIIB as founding members: China

Last Updated: Tuesday, March 31, 2015, 20:34

China on Tuesday said 30 countries, including India, have been appointed as prospective founding members of the Asian Infrastructure Investment Bank (AIIB) even as it indicated that arch-rival Taiwan's surprise bid to join the Beijing-based institution may not be approved.

Japan denies plan to join China-led development bank

Last Updated: Tuesday, March 31, 2015, 11:21

Japan on Tuesday ruled out any immediate plan to join the Beijing-backed Asian Infrastructure Investment Bank (AIIB), categorically denying a news report that its ambassador to China said Tokyo is likely to take part.

Morgan Stanley upgrades RIL, cites downstream expansion, telecom outlook

Last Updated: Tuesday, March 31, 2015, 10:47

Morgan Stanley said it expected earnings to grow 50 percent over the fiscal years 2015 to 2018.

Beijing says Denmark applies to join China-backed AIIB investment bank

Last Updated: Sunday, March 29, 2015, 12:56

The Ministry of Finance said that Denmark has written to China to "announce its intention to apply to be a founding member" of the AIIB.

More countries say to join China-backed AIIB investment bank

Last Updated: Saturday, March 28, 2015, 21:19

Russia, Australia and the Netherlands on Saturday became the latest three countries to say they plan to join the China-led Asian Infrastructure Investment Bank (AIIB), adding clout to an institution seen as enhancing China`s regional and global influence.

Australia, Russia sign up for China-led AIIB

Last Updated: Saturday, March 28, 2015, 18:48

Australia and Russia on Saturday announced their decision to join the China-funded Asian Infrastructure Investment Bank (AIIB), joining the last-minute rush to sign up to the USD 50 billion bank before the March 31 deadline amid speculation that the US too may apply.

US caught off guard by success of new China-led bank

Last Updated: Thursday, March 26, 2015, 11:39

The success of the new China-led development bank has caught the United States off guard, after it fought the project and now finds itself increasingly isolated.