Category Archives:
Analysis-Decade of central bank largesse haunts taxpayers as losses loom
By Francesco Canepa FRANKFURT (Reuters) - For more than a decade since the global financial crisis, central bankers pumped trillions of dollars of cheap money into the financial system to keep the eco...
Oct 25, 2022
Marketmind: Delayed, not denied
A look at the day ahead in European and global markets from Ankur Banerjee Less than two months after Rishi Sunak lost the race to become Britain's Prime Minister, the 42-year-old former finance minis...
Oct 25, 2022
UBS third-quarter profit slides but beat expectations
ZURICH (Reuters) - UBS on Tuesday reported a 24% fall in third-quarter net profit on a decline in market activity, although it beat expectations due to a rise in client funds. UBS results follow a mix...
Oct 24, 2022
HSBC Q3 pretax profit slides 42% on France sale, credit losses
SINGAPORE (Reuters) -HSBC reported on Tuesday a drop of 42% in third-quarter profit, on the back of rising credit loss provisions and other impairments, but its net interest income surged as banks ben...
Oct 24, 2022
Rising U.S. rates pose biggest risk for Japan but recession unlikely: Reuters poll
By Kantaro Komiya TOKYO (Reuters) - The biggest risk to Japan's economy over the next year is a prolonged period of U.S. monetary tightening, although the world's third-largest economy is unlikely to ...
Oct 24, 2022
U.S. oil companies’ cash flow to rise by 68% per barrel in 2022 – Deloitte
By Sabrina Valle HOUSTON (Reuters) - U.S. upstream oil companies are expected to bank 68% higher free cash flows per barrel produced in 2022 as surging prices fuel profits, while output growth lingers...
Oct 24, 2022
China’s Giant Biogene slashes Hong Kong IPO size – sources
By Scott Murdoch HONG KONG (Reuters) - China's Giant Biogene Holding Co Ltd launched on Tuesday an initial public offering (IPO) in Hong Kong to raise up to $80 million, a term sheet showed, sharply l...
Oct 24, 2022
China to promote foreign investment in manufacturing
BEIJING (Reuters) - China said on Tuesday it will promote foreign investment with a focus on manufacturing industries, after President Xi Jinping called in China to "win the battle" in core technologi...
Oct 24, 2022
Asian stocks ease to 2-1/2-year lows, pound lifted by Sunak’s victory
By Anshuman Daga SINGAPORE (Reuters) - Asian equities fell to new 2-1/2-year lows on Tuesday as early gains inspired by a rally on Wall Street on hopes the Federal Reserve could be nearing the end of ...
Oct 24, 2022
Dollar eases amid bets on less hawkish Fed; sterling firm
By Kevin Buckland TOKYO (Reuters) - The safe-haven U.S. dollar eased against peers on Tuesday amid signs Federal Reserve rate hikes are already putting the brakes on the world's biggest economy, while...
Oct 24, 2022
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