Won Breaches Key Support Levels as Sentiment Sours
The won was the worst affected Asian currency amid last week’s bond market turmoil and some analysts expect
2023-08-08 15:52
Italian Stocks Lead Losses in Europe After Windfall Tax on Banks
European stocks fell after Italy surprised investors with a new tax on bank profits, sending lenders’ shares plunging.
2023-08-08 15:22
Abrdn’s Assets Reach New Low as Clients Withdraw More Funds
Abrdn Plc saw its assets drop to a new low after clients pulled more money from its funds.
2023-08-08 14:49
Bayer Lowers Revenue Forecasts for Crops and Drugs Units
Bayer AG reduced its sales forecasts for its crop science and pharma divisions this year, accounting for the
2023-08-08 14:30
Glencore Mid-Year Profit Plunges 50% as Commodity Prices Retreat
Glencore Plc reported a steep drop in first-half profit and slashed returns to its shareholders after disappointing Chinese
2023-08-08 14:20
Europe’s Inflation-Risk Gauge Flashing Red Is a Headache for ECB
Market measures of inflation risk in Europe are testing record highs and posing a challenge to European Central
2023-08-08 14:19
Wanda Executive Taken Away by China’s Police, Local Media Says
A senior executive of Dalian Wanda Group Co. was taken away by police in China, according to a
2023-08-08 13:52
Li Ka-Shing’s Discounted Apartments Draw Interest During Glut
Homebuyers flocked to CK Asset Holdings Ltd.’s latest project in Hong Kong after it slashed prices to a
2023-08-08 12:58
HSBC Denies Poaching SVB Employees During First Citizens Takeover
HSBC Holdings Plc denied wrongdoing in its hiring of dozens of employees of the former Silicon Valley Bank
2023-08-08 12:28
Myanmar Tightens FX Rules for Companies to Curb Black Market
Myanmar toughened its rules on the purchase of foreign exchange by importers and exporters as the nation seeks
2023-08-08 11:59
China’s Trade Plunges More Than Forecast in Blow to Recovery
China’s exports fell for a third straight month in July amid a slump in global demand, while imports
2023-08-08 11:58
Lazard Sees Further Gains for Japan Banks as BOJ Tweaks
Japanese lenders still have room to rise after the Bank of Japan’s surprise policy tweak last month put
2023-08-08 11:54