Posted at 11:12h
in
News
by KMFSLLP
Hong Kong's economy grew less
than expected in the second quarter as the U.S.-China trade war
escalated, and pressure looks set to intensify as mass
anti-government protests rock the Asian financial centre.
...
Posted at 11:08h
in
News
by KMFSLLP
French bank BNP Paribas
posted forecast-beating quarterly profit on Wednesday, boosted
by its corporate and investment banking (CIB) business, lifting
its share price by more than 3%.
...
Posted at 11:03h
in
News
by KMFSLLP
Untethered from reality, enthusiasm sets people up for a greater let-down
...
Posted at 10:57h
in
News
by KMFSLLP
China's central bank said on
Wednesday it will increase its relending quota for small and
medium-sized banks by 50 billion yuan ($7.27 billion) to boost
credit for small and private firms.
...
Posted at 10:56h
in
News
by KMFSLLP
Baker Hughes' quarterly
adjusted profit more than doubled on Wednesday, boosted by
higher demand for its oilfield services in international markets
as well as more orders for LNG projects.
...
Posted at 10:31h
in
News
by KMFSLLP
Carlyle Group LP emulated its
peers on Wednesday with plans to convert from a publicly traded
partnership into a corporation, and went one step further by
announcing it will become the first U.S. private equity firm to
hold shareholder votes.
Posted at 10:28h
in
News
by KMFSLLP
General Electric Co swung back to
a financial loss in the second quarter, as the restructuring of
its ailing power business drained more cash than expected from
its otherwise profitable industrial unit.
...
Posted at 10:20h
in
News
by KMFSLLP
Singapore Exchange Ltd
reported record revenue for the quarter ending June
and its net profit rose 24%, boosted by strong performance at
its derivatives business, while its securities business also
improved.
...
Posted at 10:12h
in
News
by KMFSLLP
* GrandVision shares jump 6%, EssilorLuxottica up 3.5%
(Adds details, comment, shares)
...
Posted at 10:12h
in
News
by KMFSLLP
Tory leader meets with five local parties during first visit as prime minister to region
...