finance

Stocks ease as Ukraine attacks and rate outlook spark flight to havens

Global shares dropped on Monday after Russian missiles pounded cities across Ukraine and as renewed concern about the economic outlook…

3 years ago

China tech shares sink as U.S. export curbs raise chip sector hurdles

Shares in Chinese tech giants Alibaba Group (9988.HK) and Tencent (0700.HK) as well as in chipmakers slumped on Monday, as investors were spooked by…

3 years ago

Exclusive: India demands nearly $250 million from Pernod for undervaluing imports

Indian authorities have demanded $244 million from the local unit of French spirits giant Pernod Ricard for undervaluing concentrate imports for…

3 years ago

Exclusive: Indian car makers propose tax cut on imports in trade deal with Britain

Indian car makers have proposed cutting to 30% the tax rate on imported cars as part of a trade deal…

3 years ago

Exclusive: Samsung, SK Hynix to be spared brunt of China chip crackdown by U.S.

The Biden administration plans to spare SK Hynix and Samsung from the brunt of new restrictions on memory chipmakers in China aimed…

3 years ago

Credit Suisse pays down debt to calm investors

Credit Suisse will buy back up to 3 billion Swiss francs ($3 billion) of debt, an attempt by the Swiss bank…

3 years ago

Samsung quarterly profit set to slump 25%, first decline in nearly three years

Samsung Electronics Co Ltd's (005930.KS) third-quarter profit could tumble 25%, the first year-on-year decline in nearly three years, as an economic downturn…

3 years ago

Analysis: As British lender HSBC considers Canada unit sale, antitrust issues loom

As British lender HSBC Plc explores a potential sale of its Canadian unit, lawyers and analysts say the country's concentrated…

3 years ago

Global bond funds see biggest outflows in two decades

Global bond funds saw the biggest outflows in two decades in the first three quarters of this year as hefty…

3 years ago

Morning Bid: Oil and jobs

World markets calmed a bit on Wednesday after a tumultuous couple of weeks - but a focus on energy prices…

3 years ago