Business

China says market views of monetary policy moves too ‘simplistic’

A Chinese newspaper run by the State Council, or cabinet, warned the market against “simplistic” interpretations of monetary policy moves as easing expectations gathered steam, suggesting China is not about to unleash a huge wave of credit in panic.

London Stock Exchange acquires Quantile

London Stock Exchange Group (LSEG) said on Monday it had acquired Quantile Group to expand its range of post-trade risk management solutions.

CBI cuts UK economic growth forecasts on supply chain hit

Britain’s economy looks set to grow more slowly than previously thought this year and in 2023 due to global supply chain problems and the government must encourage longer-term business investment, an employers group said on Monday.

Oil rebounds above $71 on Omicron hopes, Iran talks

Oil rose by more than $1 a barrel to above $71 on Monday as hopes that the Omicron coronavirus variant may cause mostly mild symptoms boosted riskier assets and as the prospect of an imminent rise in Iranian oil exports looked less likely.

Alibaba overhauls e-commerce businesses, names new CFO

Alibaba Group Holding Ltd (9988.HK) said it will reorganise its international and domestic e-commerce businesses and replace its CFO – changes that come as the tech giant grapples with an onslaught of competition, a slowing economy and a regulatory crackdown.

U.S. & European stock futures rise, oil bounces

U.S. and European stocks futures moved higher on Monday as Asian markets lagged, while bonds surrendered some of their recent gains and oil rallied as Saudi Arabia lifted its crude prices.

China says market views of monetary policy moves too ‘simplistic’

A Chinese newspaper run by the State Council, or cabinet, warned the market against “simplistic” interpretations of monetary policy moves as easing expectations gathered steam, suggesting China is not about to unleash a huge wave of credit in panic.

London Stock Exchange acquires Quantile

London Stock Exchange Group (LSEG) said on Monday it had acquired Quantile Group to expand its range of post-trade risk management solutions.

CBI cuts UK economic growth forecasts on supply chain hit

Britain’s economy looks set to grow more slowly than previously thought this year and in 2023 due to global supply chain problems and the government must encourage longer-term business investment, an employers group said on Monday.

Oil rebounds above $71 on Omicron hopes, Iran talks

Oil rose by more than $1 a barrel to above $71 on Monday as hopes that the Omicron coronavirus variant may cause mostly mild symptoms boosted riskier assets and as the prospect of an imminent rise in Iranian oil exports looked less likely.

Alibaba overhauls e-commerce businesses, names new CFO

Alibaba Group Holding Ltd (9988.HK) said it will reorganise its international and domestic e-commerce businesses and replace its CFO – changes that come as the tech giant grapples with an onslaught of competition, a slowing economy and a regulatory crackdown.

U.S. & European stock futures rise, oil bounces

U.S. and European stocks futures moved higher on Monday as Asian markets lagged, while bonds surrendered some of their recent gains and oil rallied as Saudi Arabia lifted its crude prices.

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