UK Bank Stocks ‘Back in Danger Zone’ as Rates Climb, Says Exane
British lenders are facing a “pain game” as interest rate hikes hurt the outlook for both loans and
2023-06-21 17:25
FedEx’s Forecast Falls Short of Estimates Amid Weak Demand
FedEx Corp. gave a 2024 profit outlook below analyst expectations as a drop in package demand offsets Chief
2023-06-21 17:15
El Nino Raising Risk of Southeast Asia Haze Crisis This Year
Singapore, Indonesia and Malaysia may face the most severe haze in at least five years due to the
2023-06-21 16:26
South African Consumer Inflation Slows to 13-Month Low in May
South African inflation slowed to a 13 month-low, easing pressure on the central bank to continue raising interest
2023-06-21 16:23
BOE Rate Seen Rising Beyond 6% After Shock Inflation Reading
Traders ramped up bets for further Bank of England interest-rate hikes after another shock inflation reading, pricing the
2023-06-21 15:49
Warnings of Mortgage Crisis Overblown, Says Top BOE Official
Most UK mortgage borrowers can cope at current interest rates and warnings of a housing crisis are overblown,
2023-06-21 15:45
UK Inflation Overshoots Again, Heaping Pressure on BOE
UK inflation remained higher than expected for a fourth month, ratcheting up pressure on the Bank of England
2023-06-21 14:52
Shein Deal to Re-Enter India Comes With Strict Licensing Rules
Chinese-founded online fast-fashion giant Shein won approvals to re-enter India only after agreeing to a stringent licensing deal
2023-06-21 14:51
Canal+ to Buy Minority Stake in PCCW’s Viu Unit for $300 Million
Canal+, the French broadcaster owned by billionaire Vincent Bollore’s Vivendi SE, has agreed to buy a significant minority
2023-06-21 13:58
China Stimulus Calls Mount From State Media, Top Advisers
Chinese policymakers are facing growing calls for economic stimulus, this time from several prominent state media and top
2023-06-21 13:50
Singapore Defends Climate Commitment After Kempen ESG Exclusion
The government of Singapore has defended its commitment to climate action following a decision by Van Lanschot Kempen
2023-06-21 13:21
Asia wary in case Powell embraces his inner hawk
By Wayne Cole SYDNEY Asian stocks struggled on Wednesday as a lack of new stimulus steps from Beijing
2023-06-21 13:20