Major Chinese banks cut high-yield deposit products to ease margin pressure
Some major Chinese commercial banks have removed five-year, large-scale certificates of deposit that carry a high yield from their…
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Some major Chinese commercial banks have removed five-year, large-scale certificates of deposit that carry a high yield from their…
MILAN, Dec 1 (Reuters) - Stellantis Chief Executive Antonio Filosa on Monday welcomed Berlin's call to soften European Union car…
The Asian nation has justified its latest curbs as a response to an expansion of US controls Chinese officials tried to ease concerns over…
France's recently reappointed Prime Minister Sébastien Lecornu unveiled a new Cabinet on Sunday evening, the Élysée Palace announced, as…
Oil prices slipped in early Asian trade on Monday as the United States did not exert more pressure on Russia to end the Ukraine war by…
Gold prices dipped in early Asian trade on Thursday (Jul 17), pressured by a firmer US dollar and easing market tensions after US…
European stocks closed at an over one-week high on Friday (Jun 27), fuelled by a rally in automakers, as investors took more risks on…
Large US global banks can expect as much as US$6 trillion in additional balance sheet capacity and billions in freed up capital under a…
Wall Street’s S&P 500 and Nasdaq indexes rose on Wednesday (Jun 25), hovering near a record peak, as a ceasefire between Israel and Iran…
Oil prices settled down on Friday (Jun 20) as the US imposed new Iran-related sanctions, marking a diplomatic approach that fed hopes of a…
EUROPEAN shares eased on Thursday as initial relief that a US trade court had blocked some of President Donald Trump’s tariffs fizzled…
Asian equities rose on Wednesday following a Wall Street rally as traders cheered forecast-beating US consumer confidence data and a drop…
Oil prices settled 1 per cent lower on Tuesday as investors worried about a supply glut after Iranian and US delegations made progress in…
EUROPEAN stocks were little changed on Wednesday as gains in broader stocks outweighed declines in luxury and retail stocks, while…
Canada's new prime minister, Mark Carney, won the job with a promise to confront the increased aggression shown by President Trump -- and…
Chinese companies listed in Hong Kong are bringing forward dividend payments to the second quarter, a move that may smooth out yuan…
The Trump administration said it plans to announce measures as early as Tuesday to ease the impact of tariffs on imported cars and car…
European shares ended at a three-week high on Friday (Apr 25), notching up their second straight weekly gain as signs of a potential…
European shares climbed to a near three-week high on Wednesday (Apr 23), boosted by strong earnings from Europe’s largest software maker…
Asian stocks rallied with Wall Street on Wednesday (Apr 23) after Donald Trump said he had “no intention” of firing the head of the…
ADDIS ABABA, Ethiopia (AP) — Ethiopia ’s Prime Minister Abiy Ahmed on Wednesday asked people in the northern Tigray region to nominate a…
A FURTHER reduction in Thailand’s policy interest rate will help shore up low inflation and ease the burden for local borrowers, according…
OIL prices settled down on Friday (Feb 14) on prospects for a peace deal between Russia and Ukraine that could ease global supply…
Significant investments are needed for these hospitals to make returns, observers say THE Chinese government’s recent move to allow…