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DBS Bank Eyes 2025 Profit Upside Amid Trumps Tighter Fed Rate Outlook

Since Trumps administration may lead to fewer Fed rate reductions, which would strengthen net interest margins, DBS Bank, the biggest lender in Singap

Since Trumps administration may lead to fewer Fed rate reductions, which would strengthen net interest margins, DBS Bank, the biggest lender in Singapore, expects a possible increase in 2025 earnings. Piyush Gupta, the CEO, emphasised that Trumps stricter immigration and trade plans may cause inflation, which might keep the Feds rates tight. However, DBSs net profit in 2025 is anticipated to be smaller than in 2024 due to Singapores new global minimum corporation tax. Increased fee income and earnings from market trading helped DBS announce a net profit of S$3.03 billion for the third quarter of 2024. Read More..

B2B Tech News | 3 months ago          

US Federal Reserve Cuts Rates by 25bps, but Chairman Powell Cautions Over Uncertainty

Chairman Jerome Powells cautious stance, which cited uncertainty about future rate decisions, disappointed markets with the US Federal Reserves 25 bas

Chairman Jerome Powells cautious stance, which cited uncertainty about future rate decisions, disappointed markets with the US Federal Reserves 25 basis point rate drop on November 7. Trumps possible plans, such fiscal expansion, are cited by experts as having the ability to affect future rate reduction and drive inflation. The pace of rate decreases in 2025 is predicted to vary, while some anticipate a sustained emphasis on inflation. In a similar vein, the Reserve Bank of India RBI is probably going to keep interest rates unchanged until at least February 2025 because of the ongoing inflation. Read More..

B2B Tech News | 3 months ago          

Niti Aayog CEO Advocates for Indias Inclusion in RCEP and CPTPP to Boost MSMEs

With an emphasis on the advantages for Indias Micro, Small, and MediumSized Businesses MSMEs, Niti Aayog CEO BVR Subrahmanyam has pushed for Indias in

With an emphasis on the advantages for Indias Micro, Small, and MediumSized Businesses MSMEs, Niti Aayog CEO BVR Subrahmanyam has pushed for Indias inclusion in the Comprehensive and Progressive Agreement for TransPacific Partnership CPTPP and the Regional Comprehensive Economic Partnership RCEP. It is imperative that India lower its tariffs in order to become more integrated into global supply chains and take advantage of opportunities such as "China plus one." Additionally, Subrahmanyam pointed out that although Indias economic development trajectory is still solid, private sector investment is occurring more slowly than expected. Read More..

B2B Tech News | 3 months ago          

ANZ Reports 8% Drop in Annual Profit to A$6.73 Billion Amid Rising Loan Delinquencies

ANZs yearly earnings fell 8% to A$6.73 billion, below expectations, as margins were cut by competition and loan repayments that were more than 90 days

ANZs yearly earnings fell 8% to A$6.73 billion, below expectations, as margins were cut by competition and loan repayments that were more than 90 days past due increased by 47%. High interest rates and living expenses have put pressure on the bank, just like they have on other significant Australian lenders. The first rate drop in over five years is anticipated by ANZ in February 2025. Notwithstanding the weak performance, the bank stressed its efforts to manage nonfinancial risks and regulatory obligations while proposing a final dividend of 83 cents per share. Read More..

B2B Tech News | 3 months ago          

Windows 11 Insider Preview Build 27744 Boosts Arm Device Compatibility with Updated Prism Emulator

An upgraded Prism emulator for Arm devices, which supports more CPU extensions like AVX and AVX2, is introduced in the most recent Windows 11 Insider

An upgraded Prism emulator for Arm devices, which supports more CPU extensions like AVX and AVX2, is introduced in the most recent Windows 11 Insider Preview Build 27744. Arm PCs can now run games like Starfield and Helldivers 2 and programs like Adobe Premiere Pro 2025 thanks to this update. Better navigation and typing are also provided via the new onscreen gamepad keyboard included in the release, particularly for touchscreen devices and gaming handhelds. Read More..

B2B Tech News | 3 months ago          

ToxicPanda New Android Banking Malware Targets Users in Italy, Portugal, and Beyond

A new type of Android banking virus called ToxicPanda is made to carry out fraudulent banking transactions by getting around security features includi

A new type of Android banking virus called ToxicPanda is made to carry out fraudulent banking transactions by getting around security features including twofactor authentication. In order to acquire credentials and start illegal money transfers, it mainly targets users in Italy, Portugal, and other countries by impersonating wellknown apps. In order to obtain enhanced permissions and obtain information from apps, including OTPs, the virus makes use of Androids accessibility features. Many of its traits are taken from the TgToxic malware family, which researchers feel indicates it is still in its early stages of development. Read More..

B2B Tech News | 3 months ago          

Skype Introduces Live Warnings to Combat "Digital Arrest" Scams, Targeting Fake Law Enforcement Impersonations

A increase in fraudulent impersonations of Indian law enforcement prompted Skype to implement live warnings to caution users against "digital arrest"

A increase in fraudulent impersonations of Indian law enforcement prompted Skype to implement live warnings to caution users against "digital arrest" schemes. It is clear from these warnings that Indian officials will never use Skype to get in touch with people. Other safety precautions include the ability to ban problematic contacts, manage incoming calls, and report questionable texts. A number of fraudulent accounts that were posing as the CBI and Enforcement Directorate have also been disabled by the platform. This program aids in the Government of Indias endeavours to stop these types of scams and inform the public on how to avoid them. Read More..

B2B Tech News | 3 months ago          

Microsoft Tests AIPowered "Rewrite" Feature in Notepad for Windows 11 with GPTBased Rewriting Capabilities

A "Rewrite" function powered by AI is being tested by Microsoft in Notepad for Windows 11 and is accessible to a restricted group of Windows Insiders

A "Rewrite" function powered by AI is being tested by Microsoft in Notepad for Windows 11 and is accessible to a restricted group of Windows Insiders in the US, UK, and EU. A GPTbased AI model allows users to highlight text and edit it by changing its length, tone, or wording. This functionality makes sure that content is filtered for objectionable or dangerous information while processing text in the cloud using Azure. A credit system restricts access, providing 50–60 credits monthly based on the users membership. Read More..

B2B Tech News | 3 months ago          



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