UBS to Impose Risk Limits on CS With Deal Set to Close, FT Says
UBS Group AG will impose strict restrictions on bankers from Credit Suisse Group AG, including a ban on
2023-06-12 10:53
Several Chinese lenders cut yuan deposit rates from Monday
BEIJING Several Chinese commercial banks cut interest rates on a range of yuan deposits from Monday, following their
2023-06-12 10:51
Iron Ore Sheds Nearly 5% After Goldman’s China Property Warning
Iron ore fell for the first time in nine sessions as Goldman Sachs Group Inc. warned that property
2023-06-12 10:49
US Economy Remains ‘Very, Very Hot,’ Larry Summers Says
The US economy remains “very, very hot,” though not as much as it was six to 12 months
2023-06-12 10:46
China struggles with weak post-COVID economic recovery
China's manufacturing and consumer spending are weakening after a strong start to 2023 after anti-virus controls ended
2023-06-12 10:24
Goldman Expects ‘L-Shaped’ Recovery in China’s Property Market
China’s struggling real estate industry is expected to see an L-shaped recovery in the coming years, placing a
2023-06-12 10:23
Ex-Deputy Governor Sees No BOJ Normalization in Coming Months
The Bank of Japan is likely to stick with rock bottom interest rates in the near future including
2023-06-12 10:20
China's Nio cuts prices for all models, ends free battery swapping services
SHANGHAI China's electric vehicle maker Nio said on Monday it would cut prices by 30,000 yuan ($4,198.74) for
2023-06-12 10:16
Dollar steady, with Fed pause eyed in busy central bank week
By Rae Wee SINGAPORE The dollar held its ground on Monday but was still near multi-week lows against
2023-06-12 09:51
AMLO’s Party to Announce Mexican Presidential Candidate Sept. 6
Mexican President Andres Manuel Lopez Obrador’s ruling Morena party will announce its candidate for the 2024 Mexican presidential
2023-06-12 09:46
Oil edges lower ahead of Fed meeting
By Florence Tan SINGAPORE Oil prices edged lower on Monday ahead of a Federal Reserve meeting as investors
2023-06-12 09:24
Eisai, Biogen Clinch FDA Advisers’ Support for Alzheimer’s Drug
Eisai Co.’s Alzheimer’s disease drug developed with Biogen Inc. gained support from advisers to US regulators, paving the
2023-06-12 09:22