Archive for the August 26, 2019
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China Petroleum and Chemical Corp, or Sinopec Corp , reported a 24.7 percent drop in earnings in the first half of 2019 on Sunday, dampened by rapid growth of domestic refining capacity and waning demand
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China will set lower limits on mortgage rates, the central bank said on Sunday, in an apparent bid to curb housing risks following its reform to switch to a market-based reference rate. The government has
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Global central bank chiefs know their job is to keep the economy out of the ditch. What became clear at the US Federal Reserve's central banking conference in Jackson Hole, Wyoming, over the past couple
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Japan's biggest asset manager plans to expand into the United States for the first time as part of efforts to win more money from overseas clients, its chief executive told Reuters. Sumitomo Mitsui Trust Asset
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Japan's biggest asset manager plans to expand into the United States for the first time as part of efforts to win more money from overseas clients, its chief executive told Reuters. Sumitomo Mitsui Trust Asset
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Latin American currencies weakened against the US dollar on Friday after China imposed retaliatory tariffs on US goods, renewing fears of a global slowdown, while the Mexican peso dropped to near 8-month lows on worrying
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Japan's craze for overseas insurance products, driven by a need for better yield than the near-zero ones at home, has been a long-standing headwind for the yen as domestic insurers bought foreign bonds. But demand
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Most Middle East markets dropped on Sunday amid thin trading volumes, mirroring a tumble in global stocks last week and weighed down by sliding oil prices. Brent crude futures fell 58 cents on Friday, or
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Napier Port Holdings, the operator of New Zealand's fourth-largest port by container volume, debuted at a 12% premium to its offer price on Tuesday, as investors scooped up shares in a rare listing on the
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Napier Port Holdings, the operator of New Zealand's fourth-largest port by container volume, debuted at a 12% premium to its offer price on Tuesday, as investors scooped up shares in a rare listing on the
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