Hedge fund Verition joins rush to Dubai financial hub
By Hadeel Al Sayegh DUBAI U.S.-based Verition Fund Management is opening an office in Dubai, joining a raft
2023-07-06 16:58
European Stocks Drop by Most in Two Weeks on Hawkish Fed Minutes
European stocks retreated by the most in two weeks following hawkish minutes from the Federal Reserve’s last policy
2023-07-06 16:58
Malaysia's central bank hits pause on rates as price pressures ease
By A. Ananthalakshmi and Rozanna Latiff KUALA LUMPUR (Reuters) -Malaysia's central bank kept benchmark interest rates unchanged on Thursday, as
2023-07-06 16:46
Traders Lift Bets on BOE Hiking Interest Rate to 6.5% by March
Bets on the trajectory of the Bank of England’s key interest rate surged to the highest level in
2023-07-06 16:18
Currys Shares Fall as UK Retailer Cuts Dividend to Save Up Cash
Currys Plc shares fell after the UK electronics retailer canceled its final dividend and lowered pension contributions in
2023-07-06 15:54
Savers should be cheering higher interest rates. So why are they unhappy?
When central banks raise interest rates, mortgage borrowers can expect higher monthly repayments, while savers are supposed to be rewarded with bigger returns on their deposits. Or so the theory goes.
2023-07-06 15:46
Malaysia Stays Pat on Key Rate to Support Slowing Growth
Malaysia left its benchmark interest rate unchanged on Thursday, maintaining support for the economy amid slowing exports and
2023-07-06 15:15
Moderna inks deal to make mRNA medicines in China
US drugmaker Moderna has signed a deal to make mRNA medicines in China as part of its first major investment in the country, despite escalating trade and political tension between Washington and Beijing.
2023-07-06 14:49
ESG Veteran Says Recession Odds Expose Leverage Trap in Strategy
A recession is coming, and ESG investors may be among those who stand to lose the most. That’s
2023-07-06 14:46
Scholz’s Coalition Suffers Court Blow on Contentious Climate Law
Chancellor Olaf Scholz’s ruling coalition suffered an embarrassing blow over key climate legislation after Germany’s top court stopped
2023-07-06 14:45
German industrial orders rise more than expected in May
(Reuters) -German industrial orders rose significantly more than expected in May, due to large scale orders of ships, spacecraft and
2023-07-06 14:25
Beijing orders outdoor work to be halted as scorching summer heat soars
Employers in Beijing have been ordered to stop outdoor work after scorching summer heat in the Chinese capital was forecast to reach 40 degrees centigrade (104 Fahrenheit)
2023-07-06 13:57