China Construction Bank H1 profit up 3.36%
BEIJING/SHANGHAI China Construction Bank Corp (CCB), the first of the country's Big Five lenders to report half-year results
2023-08-23 18:58
Euro-Area Downturn Quickens as Service Activity Starts Shrinking
The contraction of private-sector activity in the euro area intensified in August as services ceased being a bright
2023-08-23 16:54
StanChart’s Asia CEO Ready for Bumpy Road, Bets on China Wealth
Standard Chartered Plc’s Asia Chief Executive Officer Benjamin Hung is convinced the Chinese wealth spigots will keep on
2023-08-22 08:22
Deepfake Imposter Scams Are Driving a New Wave of Fraud
(Bloomberg Markets) -- Computer-generated children’s voices so realistic they fool their own parents. Masks created with photos from social media
2023-08-22 07:27
China Local Governments to Sell $206 Billion of Financing Debt
China is taking stronger action to address financial risks of local governments, with Caixin reporting on a plan
2023-08-21 11:16
Chinese Banks Disappoint With Smaller Lending Rate Cuts
Chinese banks made a smaller-than-expected cut to their benchmark lending rate on Monday and avoided trimming the reference
2023-08-21 10:17
Fed Can’t Celebrate Yet as Investors Expect Rates, Inflation to Remain Elevated
If they’d been offered today’s economy a year ago – with inflation downgraded from emergency to mere headache,
2023-08-21 08:28
Westpac Bank Sees Modest Increase in Stress Amid Inflation Rise
Westpac Banking Corp. said it’s seeing a modest increase in customer stress, while inflationary pressures are causing expenses
2023-08-21 06:27
All Eyes on Fed Chief Powell in Jackson Hole: Eco Week Ahead
It’s late August, which means we’re headed to Jackson Hole for the Kansas City Fed’s annual symposium, attended
2023-08-20 04:15
Bonds Gain as Investors Spot Value After Sector’s Pummelling
Global bonds won some respite Friday from the selloff that lifted yields to multiyear highs as stock market
2023-08-18 23:46
ECB Readies Complaint to Italy on Bank Tax, Corriere Says
The European Central Bank is set to send a letter of complaint to the Italian government about a
2023-08-18 15:47
ECB to write to Italy raising objections over windfall tax on banks - press
ROME The European Central Bank (ECB) is preparing to send a letter to Italy raising objections about the
2023-08-18 13:53