[Asia Economy Reporter Minwoo Lee] Recent measures by financial authorities instructing commercial banks to increase their loan loss reserves are analyzed to have little accounting impact. Unlike loan ...

It's a sad but inevitable fact of business that occasionally a deadbeat customer won't pay a bill. As a business owner, you record and track in accounts receivable, or A/R, the money owed you for ...

Reading the financial statements of a business helps with evaluating financial strength and stability. The balance sheet shows the financial condition of the business at a specific point in time.

Bank of Nova Scotia and Bank of Montreal (BMO) beat analysts' estimates for fourth-quarter profit on Tuesday as they set ...

MUSCAT, July 28 (Reuters) - Bank Dhofar , Oman's third-largest lender by market value, posted its second-biggest quarterly profit ever in the second quarter as lending grew and the bank set less money ...

Shanghai Electric Group Company ( ($HK:2727) ) just unveiled an announcement. Shanghai Electric Group Company Limited announced a provision for ...