Standard Chartered’s India operations saw a 15% rise in profit before tax to $542 million in 2025, driven by lower expenses and provisions, despite a 3% drop in operating income. India climbed to the fourth position in profit contribution, aided by a 24% decline in China profits. Total loans fell 5% to $12.28 billion, while global pre-tax profit increased 16% to $7.90 billion, boosted by a $238 million gain from the sale of Solv India.
US stocks today: US stocks end higher as investors turn to earnings season
US markets ended higher with the S&P 500 near record levels, driven by SK Hynix’s strong Nasdaq debut and renewed momentum in AI-linked chip stocks.