MILAN (Reuters) – Morgan Stanley expects the Bank of England (BoE) to cut interest rates by 150 basis points in…
Sorrell’s S4 Capital defies tech turmoil to maintain momentum
By Paul Sandle LONDON (Reuters) – Martin Sorrell said his digital ad group S4 Capital had maintained momentum in a…
Crypto.com says balance sheet strong, exchange not in trouble
By Ankur Banerjee and Vidya Ranganathan SINGAPORE (Reuters) – Singapore-based crypto exchange Crypto.com’s chief executive said the firm will prove…
China allows property developers to access some pre-sale funds
BEIJING (Reuters) – China’s financial regulator will allow property developers to access some pre-sale housing funds, it said in a…
Asia’s coal phase-out must be gradual, says Mitsubishi Heavy head
By Leika Kihara NUSA DUA, Indonesia (Reuters) – Asia must phase out coal power gradually while still making use of…
BOJ inflation target to be scrutinised at government forum
(Reuters) – A government-affiliated think tank will host a forum next month to discuss the Bank of Japan’s 2% inflation…
Roche’s Alzheimer’s drug fails to meet goal in long awaited trial
By Ludwig Burger (Reuters) -Roche’s Alzheimer’s drug candidate could not be shown to slow dementia progression in two drug trials,…
Goldman Sachs expects “significant” decline in U.S. inflation in 2023
(Reuters) – Goldman Sachs said it expects a “significant” decline in U.S. inflation next year due to easing in supply…
China further extends loan repayment for small firms hit by COVID
BEIJING (Reuters) -China will extend loan repayment dates for small firms hit by COVID-19 and encourage financing institutions with government…
Russian rouble firms near 60 vs dollar as tax period nears
(Reuters) – The Russian rouble was trading higher on Monday, holding close to last week’s level of 60 against the…