Swedish Economy Stagnates as Rate Hikes Weigh on Output
Sweden’s economy was stagnant last quarter, as rising borrowing costs and growing unemployment hurt spending in the Nordic
2023-10-30 17:22
SNB Will No Longer Pay for Deposits Held to Meet Reserve Needs
The Swiss National Bank is cutting the amount of money commercial lenders can get by parking funds at
2023-10-30 16:50
HSBC Plans $3 Billion Share Buyback, CEO Touts Capital Strength
HSBC Holdings Plc announced a fresh buyback program and hinted at the potential for further returns to investors
2023-10-30 16:27
China’s Hot-and-Sour Noodle Chain Picks Banks for Hong Kong IPO
Chinese hot-and-sour noodle chain Maliuji has selected banks for a potential initial public offering in Hong Kong that
2023-10-30 15:25
HSBC May Lift Variable Pay By $300 Million, Costs to Rise
HSBC Holdings Plc said it may increase some variable pay, resulting in higher expenses, after it announced a
2023-10-30 15:22
Dubai’s RTA Seeks About $300 Million From Taxi IPO
Dubai Taxi Corp., a unit of the emirate’s transport authority, is seeking to raise about $300 million from
2023-10-30 15:20
Tax Shortfall Lumps South Africa With No-Good-News Budget
South African Finance Minister Enoch Godongwana is in a bind as he reworks the nation’s budget in the
2023-10-30 13:56
Africa unlikely to follow East Asia's manufacturing growth path -study
WASHINGTON African countries are less likely to follow East Asia's development model of expanding manufacturing to pull people
2023-10-30 12:57
Evergrande Liquidation Hearing Delayed in ‘The Last Adjournment’
China Evergrande Group, the world’s most indebted developer, got a final chance to get what could be the
2023-10-30 11:45
More China companies buyback shares as Beijing seeks to stabilise market
SHANGHAI More than 30 Chinese listed companies unveiled share buyback and purchase plans over the weekend while major
2023-10-30 10:22
Sumitomo Mitsui Trust Said to Halve Profit Outlook; Shares Drop
Sumitomo Mitsui Trust Holdings Inc. plans to halve its profit forecast for the current fiscal year to around
2023-10-30 10:17
Strong Dollar Keeps Rate Hikes on Table for Asian Central Banks
Asian central banks are seen to raise interest rates over the next six months, with a stronger dollar
2023-10-30 10:16