UniCredit pledged on Tuesday to return 5.25 billion euros ($5.69 billion) to investors based on its…
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 kicked…
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 from…
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 with…
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 Reserve…
Chinese Stocks Surge After Week-Long Holiday
Chinese stock markets rose sharply on Monday as they resumed trade after the Lunar New Year…
MSCI Seeks Feedback On Adani Group Over Hindenburg Report
Index provider MSCI said on Saturday it was seeking feedback on Adani Group and associated securities…
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 by…
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 better-than-expected…
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 caution…