Thanks to swift central bank action to stamp out financial sector troubles, the investment case for European bank shares could be set for a complete reset. One where bulls are back in charge.
More than half of Britons believe the Conservative government has failed to fix problems created by former Prime Minister Liz Truss’s so-called mini-budget, which resulted in a drop in the pound and higher mortgage rates.
Two of China’s top-performing fund managers see a rout in green stocks as overdone, holding on to their bets on the sector amid low valuations and the ongoing energy transition.
Additional Tier 1 bonds issued by banks in Asia Pacific rebounded, with shares also rising, as reassurances by regulators helped restore some confidence in the risky debt after a market rout.
Bank of America Corp. has named Akshay Sawhney and Kevin Su as co-heads for equity capital markets in Asia Pacific, according to a memo seen by Bloomberg News.
Hong Kong tycoon John Lau is considering options including a sale of his logistics assets amid interest from potential buyers, according to people familiar with the matter.
Xi Jinping’s new chief of staff is the highest ranking Communist Party official in four decades to take the job — in a sign of the Chinese leader’s tightening grip on power in the world’s No. 2 economy.
A deadly drug-resistant fungus spreading across the US saw a dramatic uptick in cases during the Covid pandemic, with more than half of all states now reporting cases.
Barclays Plc has hired Deutsche Bank AG investment banker Jiongting Lim to lead its client coverage in Singapore, according to people with knowledge of the matter.
Mario Lopez Estrada, Guatemala’s first billionaire, has died. He was 84.
