UniCredit pledged on Tuesday to return 5.25 billion euros ($5.69 billion) to investors based on […]
Month: January 2023
Asia FX Muted, Dollar Steadies As Fed Meeting Looms
Most Asian currencies moved little on Tuesday, while the dollar retained recent gains as caution […]
Oil prices Tread Water As Markets Weigh China Recovery, Fed Caution
Oil prices were muted in early trade on Tuesday as optimism over better-than-expected economic data […]
Rising Interest Rates Have a Sting in The Tail For Europe’s Banks
Rising borrowing costs are giving a long-awaited lift to Europe’s beleaguered banks, but they come […]
Asian Stocks Sink As Fed Week Begins, China Reopens Strong
Most Asian stock markets sank on Monday as caution kicked in ahead of a Federal […]
Chinese Stocks Surge After Week-Long Holiday
Chinese stock markets rose sharply on Monday as they resumed trade after the Lunar New […]
MSCI Seeks Feedback On Adani Group Over Hindenburg Report
Index provider MSCI said on Saturday it was seeking feedback on Adani Group and associated […]
Fashion Retailer H&M’s Profit Tumbles As Costs Bite
Sweden’s H&M reported on Friday a much larger than expected drop in September-November profit, hit […]
Asian Stocks Rise Tracking Positive U.S. GDP, Adani Extends Losses
Most Asian stock markets rose on Friday as appetite for risk-driven assets was supported by […]
Oil Treads Water Ahead of OPEC+ Panel Meeting, PCE Inflation Data
Oil prices moved little on Friday and were set to end the week flat amid […]