The 40-year bull market in U.S. bonds is dead. Long live the bond bull market.
South Korean energy group SK Innovation Co Ltd (096770.KS) warned its battery unit turnaround could take longer than past guidance indicated, taking the shine off a near-threefold jump in first-quarter profit and sending shares down as much as 5.1%.
Singapore lenders DBS Group (DBSM.SI) and OCBC (OCBC.SI) gave cautious outlooks on Friday after reporting 10% declines in quarterly profits amid weaker economic growth, though their performances still beat analysts’ estimates.
LONDON, April 29 (Reuters) – British lender NatWest (NWG.L) posted a 41%
This month’s dive in China’s currency has revived memories of past routs but market participants say increased foreign holdings of yuan assets mean authorities are much less likely to curb the selling than they were in previous years.
Chipmakers are divided over how aggressively to oppose a legislative proposal that would give the U.S. government sweeping new powers to block billions in U.S. investment into China, according to documents seen by Reuters.
PayPal Holdings Inc (PYPL.O) shares traded higher Wednesday even after the company lowered its full-year profit outlook, signaling that payments volumes could take a hit from surging inflation and the conflict in Ukraine.
Exxon Mobil Corp (XOM.N) said on Wednesday its Russian unit Exxon Neftegas Ltd has declared force majeure for its Sakhalin-1 operations due to sanctions on Russia that have made it increasingly difficult to ship crude to customers.
Singapore’s Sembcorp Marine (Sembmarine) (SCMN.SI) has agreed to a S$8.7 billion ($6.29 billion) merger with Keppel Corp’s (KPLM.SI) larger offshore and marine unit, a year after the Temasek-backed firms began deal talks amid an industry downturn.
With inflation running at its highest levels in four decades, Utah business owner Steve Allred is concerned about the declining purchasing power of the U.S. dollar.
The 40-year bull market in U.S. bonds is dead. Long live the bond bull market.
South Korean energy group SK Innovation Co Ltd (096770.KS) warned its battery unit turnaround could take longer than past guidance indicated, taking the shine off a near-threefold jump in first-quarter profit and sending shares down as much as 5.1%.
Singapore lenders DBS Group (DBSM.SI) and OCBC (OCBC.SI) gave cautious outlooks on Friday after reporting 10% declines in quarterly profits amid weaker economic growth, though their performances still beat analysts’ estimates.
LONDON, April 29 (Reuters) – British lender NatWest (NWG.L) posted a 41%
This month’s dive in China’s currency has revived memories of past routs but market participants say increased foreign holdings of yuan assets mean authorities are much less likely to curb the selling than they were in previous years.
Chipmakers are divided over how aggressively to oppose a legislative proposal that would give the U.S. government sweeping new powers to block billions in U.S. investment into China, according to documents seen by Reuters.
PayPal Holdings Inc (PYPL.O) shares traded higher Wednesday even after the company lowered its full-year profit outlook, signaling that payments volumes could take a hit from surging inflation and the conflict in Ukraine.
Exxon Mobil Corp (XOM.N) said on Wednesday its Russian unit Exxon Neftegas Ltd has declared force majeure for its Sakhalin-1 operations due to sanctions on Russia that have made it increasingly difficult to ship crude to customers.
Singapore’s Sembcorp Marine (Sembmarine) (SCMN.SI) has agreed to a S$8.7 billion ($6.29 billion) merger with Keppel Corp’s (KPLM.SI) larger offshore and marine unit, a year after the Temasek-backed firms began deal talks amid an industry downturn.
With inflation running at its highest levels in four decades, Utah business owner Steve Allred is concerned about the declining purchasing power of the U.S. dollar.
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