Japan and South Korea are part of a complex and tightly linked supply chain that produces electronic goods such as smartphones and laptops.Technologyread more
A different oil pricing dynamic has been evolving with new supply calculations based on the U.S. as the world's largest producer.Market Insiderread more
The Massachusetts senator's alarm-sounding on consumer debt neglects to measure it against the growth in the economy and the ability to pay.Economyread more
Stocks in Asia Pacific were edged up on Tuesday following overnight gains on Wall Street as the earnings season rolls on.Asia Marketsread more
More than half of Venezuela's 23 states lost power on Monday, according to Reuters witnesses and reports on social media, a blackout the government blamed on an...World Politicsread more
Equifax will give consumers a range of options for monitoring their credit or making claims of fraud or data misuse, part of a $425 million restitution fund.Technologyread more
The deal between the White House and Democrats was earlier expected to raise the debt ceiling for two years and permanently end the sequester.Politicsread more
Britain's Antstream is jumping into the cloud gaming battle with a streaming platform for retro titles. And Tencent just backed the company.Technologyread more
American comedian Hannibal Buress, who stars in "The Eric Andre Show," has made a recent transition into the world of business as an angel investor — but there's an important...How I Made Itread more
The deal could be announced as soon as next week, according to the report.Technologyread more
President Donald Trump held "constructive" discussions on a range of economic issues including trade and national security issues.Technologyread more
line@ (Adds new CFO appointment)
OSLO, July 11 (Reuters) - Norway's DNB said it had seen growth in all business areas as the Nordic region's biggest bank by market value reported second-quarter results in line with expectations on Thursday.
DNB's net interest income rose to 9.6 billion crowns ($1.1 billion) in the second quarter, up from 9.1 billion crowns in the same period a year earlier. The average forecast from eight analysts compiled by Refinitiv was 9.7 billion crowns.
DNB overtook Nordea as the region's biggest bank by market capitalisation in June helped by Norway's expanding economy and more efficient operations. It also avoided money-laundering scandals that have knocked some peers.
DNB's Chief Financial Officer Kjerstin Braathen replaces outgoing Chief Executive Rune Bjerke on Sept. 1.
To replace her as CFO, DNB appointed Ottar Ertzeid, the previous head of DNB Markets.
Carnegie analyst Johan Stroem said Ertzeid had a "strong reputation" and should be positively received by investors.
At the close of trading on Wednesday, DNB's market capitalisalion was 27.09 billion euros ($30.53 billion), compared with 27.02 billion euros for Nordea. (Reporting by Gwladys Fouche; Editing by Mark Potter and Edmund Blair)