Bloomberg Singapore’s big three banks have invested heavily in their wealth-management businesses over the past year and the results are starting to show. Higher income from servicing Asia’s more well-heeled individuals helped DBS Group Holdings Ltd., Oversea-Chinese Banking Corp. (OCBC) and United Overseas Bank Ltd. (UOB)offset bad-loan provisions and weaker loan margins to post better-than-expected first-quarter profits. OCBC’s wealth-management revenue …

Bloomberg North Korea fired a ballistic missile early Sunday, its seventh such test this year, just days after South Korea elected a president who vowed to engage with Kim Jong Un’s regime to defuse tensions over its nuclear weapons program. The missile was launched at 5:27 a.m from the city of Kusong, northwest of the capital Pyongyang, and flew about …

Bloomberg Russian interference in the 2016 US election has been “well documented,” but it’s still in the interests of the US to attempt to improve relations with Moscow, Secretary of State Rex Tillerson said. “I don’t think there’s any question that the Russians were playing around in our electoral processes,” Tillerson said in an interview on NBC’s “Meet the Press …