Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. REUTERS/Mike Segar/File Photo/File Photo ... ( read original story ...)
Chinese nickel buyers seek Shanghai not LME pricing for 2023
Global trade in metals is typically priced on the basis of London Metals Exchange (LME) contracts, but unprecedented volatility in LME nickel trading in March forced the exchange to halt trade for a ... ( read original story ...)
A Singapore Banking Family Can Teach Japan the Secret of Youth
UOB, controlled by a nonagenarian financier, has shown how to profit from Southeast Asia’s young demographics. ( read original story ...)
HSBC Philippines set to absorb retail banking arm
HSBC PHILIPPINES is set to absorb its retail banking unit HSBC Savings Bank as the lender aims to streamline its operations in the country. ( read original story ...)
China’s IPO Market to Hit New High This Year; Shanghai Is World’s Biggest, PwC Says
China’s stock markets have outperformed those in other countries both in the number of IPOs and the amount raised, according to a report published by UK professional services firm Pricewaterhouse ... ( read original story ...)
Tesla Falls on Plan to Cut Output of EVs at Shanghai Factory
Tesla Inc. plans to lower production at its Shanghai factory, according to people familiar with the matter, in the latest sign demand in China isn’t meeting expectations. The company’s shares fell in ... ( read original story ...)
Stock Market Today: Stocks Drift Lower, Dollar Weakens On Renewed Recession Risks
Traders are fading last week's solid jobs report, as well as loosening Covid restrictions in China, as recession concerns continue to weigh on U.S. stocks. ( read original story ...)