Finance

Stocks fall on rate hike bets, yen drops to 24-year low

European stock markets opened in the red on Wednesday after U.S. economic data prompted traders to ramp up Federal Reserve…

3 years ago

Putin says wants to restrict destinations for Ukraine’s grain exports

Russian President Vladimir Putin on Wednesday warned of a looming global food crisis and said he would discuss amending a…

3 years ago

Japan’s services sector shrinks for first time in five months in August – PMI

Japan's services sector activity shrank for the first time in five months in August as a resurgence of COVID-19 infections…

3 years ago

Evergrande winding-up lawsuit in Hong Kong adjourned to Nov 7

Hong Kong's High Court approved on Monday an application by China Evergrande Group (3333.HK) and its major offshore credit group to adjourn…

3 years ago

EXCLUSIVE Hollysys management to lead take-private deal at $1.8 bln valuation -sources

A consortium led by China's Hollysys Automation Technologies management plans to take the U.S.-listed automation and control system maker private…

3 years ago

Bank of Canada expected to push interest rates into restrictive territory

The Bank of Canada is widely expected to deliver yet another oversized interest rate hike next week, lifting its policy…

3 years ago

Analysis: U.S., China audit agreement not yet a done deal, lawyers warn

There was much relief for investors in U.S.-listed Chinese firms after Beijing and Washington struck a long-pending audit deal, but…

3 years ago

Gap posts surprise profit on Banana Republic boost; withdraws forecasts

Gap Inc (GPS.N) reported a surprise quarterly profit on Thursday on demand for dressier clothes at its Banana Republic brand, while an…

3 years ago

European shares drop as policymakers seek to tame hot inflation

European shares dropped on Monday, while bond yields surged as comments from central bank policymakers heightened fears of aggressive measures…

3 years ago

Canada’s TD, CIBC profits beat estimates; loan growth offsets higher costs, provisions

Toronto-Dominion Bank (TD.TO) and Canadian Imperial Bank of Commerce (CM.TO) posted better-than-expected third-quarter profits on Thursday, with the former driven by lower provisions for…

3 years ago