BEIJING (Reuters) – Some of China’s most affluent regions reported slower growth in the first three quarters of the year…
Explainer-What’s behind Hong Kong’s tightening cash conditions?
By Georgina Lee HONG KONG (Reuters) – A weak Hong Kong dollar and capital outflows have pushed the city’s interbank…
Robinhood posts smaller loss as higher rates boost margin trading business
By Mehnaz Yasmin (Reuters) -Robinhood Inc posted a smaller-than-expected quarterly loss on Wednesday as the brokerage’s margin trading business benefited…
BMW expects sales dent as inflation hits consumer buying power
By Paul Carrel and Nick Carey BERLIN (Reuters) -German premium carmaker BMW reported better than expected quarterly net profit on…
Zalando sees FY results at lower end of target range
FRANKFURT (Reuters) -Zalando, Europe’s biggest online fashion retailer, said it now expects its full-year revenues and operating profit to reach…
Russia services sector shrinks in Oct as employment falls -PMI
MOSCOW (Reuters) – Russia’s service sector contracted sharply in October, dragged down by weak domestic and foreign demand, as well…
Marketmind: One central bank drama after another
SYDNEY (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. So, Jerome Powell…
Hong Kong raises rates after Fed, flags more increases in borrowing costs
By Donny Kwok and Clare Jim HONG KONG (Reuters) -The Hong Kong Monetary Authority (HKMA) on Thursday raised its base…
Analysis-Weary investors see little respite to Fed hike gloom
By Davide Barbuscia and David Randall (Reuters) – Investors trying to navigate this year’s relentless interest rate rises have more…
HSBC raising best lending rate to 5.375% after Hong Kong rate hike
HONG KONG (Reuters) – HSBC Holdings said on Thursday it is raising its best lending rate in Hong Kong by…