Italy’s Windfall Profits Tax on Banks Spooks Markets
Italy’s right-wing government spooked markets with an unexpected tax on banks’ windfall profits, sending the country’s leading lenders
1970-01-01 08:00
Citi’s Montagu Says US Stocks Can Rise as Positioning Risk Drops
The “orderly” pullback in US stocks last week has reduced the risk of a chaotic selloff and set
1970-01-01 08:00
Modi May Give Farm Handouts as Food Export Bans Hit Rural India
Prime Minister Narendra Modi may offer handouts to Indian farmers ahead of the elections as food commodity export
1970-01-01 08:00
Wanda Executive Taken Away by China’s Police, Local Media Says
A senior executive of Dalian Wanda Group Co. was taken away by police in China, according to a
1970-01-01 08:00
Graffiti Battle Erupts on London Street Over Chinese Politics
A group of artists apparently from China whitewashed a wall long decorated by artists in London and then
1970-01-01 08:00
China’s Trade Plunges More Than Forecast in Blow to Recovery
China’s exports fell for a third straight month in July amid a slump in global demand, while imports
1970-01-01 08:00
Hong Kong Government to Appeal Failed Bid to Ban Protest Song
Hong Kong will appeal the High Court’s decision to reject its request to wipe a controversial protest song
1970-01-01 08:00
China Deflation Threat Grows as Companies Cut Prices to Survive
When China abandoned pandemic restrictions after three years of stringent controls, Nie Xingquan was expecting booming sales for
1970-01-01 08:00
UBS Names Heads From Credit Suisse for Asia Global Banking Team
UBS Group AG reshuffled its Asia global banking division, appointing some senior Credit Suisse Group veterans to help
1970-01-01 08:00
Australian Consumer Sentiment Slips as Price Pressures Mount
Australia’s consumer confidence slipped further into “deeply pessimistic” territory as elevated inflation combined with high interest rates intensifies
1970-01-01 08:00
Moody’s Has More Gloomy View on US Banks Amid Several Strains
US banks including Capital One, PNC Financial Services Group and Fifth Third Bancorp had their debt-rating outlooks cut
1970-01-01 08:00
Asian Shares Look Mixed After US Equities Rebound: Markets Wrap
Asian stocks were set for a mixed opening after shares in the US rebounded from their worst week
1970-01-01 08:00