By Suzanne McGee and Megan Davies (Reuters) – Three straight years of losses from Chinese markets and anti-Beijing rhetoric from Washington have not deterred some U.S. asset managers from introd[...]
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February 20, 2024
China’s securities watchdog solicits proposals to revive market
BEIJING/SHANGHAI (Reuters) -China’s securities watchdog said it held a series of seminars on Sunday and Monday with market participants who proposed tighter scrutiny of company listings and trad[...]
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Munich’s mountains and tech tempt big banks from Frankfurt
By Alexander Hübner and Emma-Victoria Farr MUNICH (Reuters) -Munich is starting to steal some of German financial hub Frankfurt’s limelight as foreign banks flock to the southern city, which on[...]
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Virgin Australia CEO Hrdlicka steps down ahead of IPO preparations
By Roushni Nair and Praveen Menon (Reuters) -Virgin Australia’s Jayne Hrdlicka stepped down as chief executive on Tuesday, ahead of plans to relist Australia’s second largest carrier that[...]
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Marketmind: Wages will test wagers on rates
A look at the day ahead in European and global markets from Tom Westbrook Europe’s central bank has singled out wages as the single biggest risk to its crusade to contain inflation. Fourth-quart[...]
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Tibet Airlines finalises orders for 40 C919, 10 ARJ21 jets from China’s COMAC
By Brenda Goh SINGAPORE (Reuters) -China’s Tibet Airlines on Tuesday finalised an order for 40 C919 and 10 ARJ21 jets from COMAC designed to be suitable for high-altitude plateaus, becoming the[...]
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Market reaction to approval for ANZ buyout of Suncorp unit
SYDNEY (Reuters) – Australia’s Competition Tribunal approved ANZ Group’s A$4.9 billion ($3.2 billion) buyout of Suncorp’s banking business on Tuesday, allowing the bank to pres[...]
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BHP half-year profit beats expectations, inflation impact recedes
By Sameer Manekar and Melanie Burton (Reuters) -BHP Group on Tuesday logged first-half underlying profit that slightly beat analyst expectations, buoyed by strong iron ore prices, and said inflationar[...]
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Australia’s Star Entertainment hits record low on second inquiry into Sydney casino
(Reuters) – Shares of Australia’s Star Entertainment Group tumbled nearly 26% to a record low on Tuesday, a day after the New South Wales casino regulator said it would undertake a second[...]
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