Friday, February 3, 2023

South Korea ‘Reviewing Various Plans’ To Stabilise The Won

South Korea said it was reviewing “contingency plans” to deal with currency volatility, with the Korean won hovering at a 13-year low against the...
Stock market or forex trading graph in graphic concept

Stock markets down amid Russia-Ukraine tensions

Stock futures fell slightly Tuesday morning, reversing much sharper declines earlier, as traders monitor brewing tensions between Russia and Ukraine. Futures tied to the Dow...

As oil falls Asia shares pare gains on caution

Asia stocks reversed early gains on Tuesday, with traders sidelined ahead of U.S. inflation data and a European monetary policy meeting this week while...

Turkey’s plunging lira and why it wont stop

The Turkish lira has once again made global headlines, with a steep drop of 15% on March 22, running from below 7.20 to the...

Global Debt at Risk of “Qualitative Change”

Global markets, spurred by policies, have emerged from the March panic during the spread of the COVID-19 pandemic. For now, all major economies, including Europe and the United...

Latin American borrowers double down on their efforts for sustainable finance

Latin America’s largest corporate borrowers are doubling down on their commitment to sustainable finance, tying new bank loans to key performance indicators that ensure...

Euro zone put a halt on credit as fresh pandemic arises again

Euro zone banks are tightening access to corporate credit amid a resurgence of the coronavirus pandemic, fresh data showed on Tuesday, adding to already...

BP comes back into profit despite pandemic uncertainty

BP BP.L swung back to a small profit in the third quarter but warned the pace of recovery from the pandemic remains uncertain and continued to...

EU looks to markets to absorb bank loans hit by coronavirus

The European Union is developing plans for markets to help banks offload a “resurgence” in coronavirus-hit loans and avoid choking economic recovery, the bloc’s...

SoftBank Behind The Billion Dollar Tech Rally on The Nasdaq

SoftBank this week bought billions of dollars’ worth of US equity derivatives in a series of trades that stoked the fevered rally in big...

Commerzbank takes bigger hit on loans from Wirecard than Covid-19 debt

Commerzbank took a greater hit from the collapse of Wirecard in the second quarter than from the economic fallout of the coronavirus pandemic, according...
hong kong

The Imminent Tough Times for Hong Kong’s Financial Sector

After the implementation of the Hong Kong National Security Law, the geopolitical game between China and the Western countries led by the United States...


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