Asian Stocks Sink, Dollar Buoyant After Hawkish Powell Comments
(Corrects paragraph 5 to show the Fed raised rates by 25 bps in February and 50 bps in December) By…
March 8, 2023
Taking Fed’s lead, UK investors fully price in BoE hike in March
LONDON (Reuters) – British investors on Wednesday fully priced in a 0.25 percentage point increase in Bank of England interest…
Analysis-China’s Financial Regulatory Revamp Raises Hope, Some Concern Over Control
By Xie Yu, Selena Li and Carolina Mandl HONG KONG/NEW YORK (Reuters) – A new Chinese financial watchdog will help…
Adidas To Slash Dividend After Kanye West Split
By Alexander Hübner BERLIN (Reuters) -Adidas will slash its 2022 dividend, it said Wednesday, warning a split with rapper and…
GQG Partners Likely To Grow Adani Investment, Says Founder
SYDNEY (Reuters) – GQG Partners’ founder Rajiv Jain said on Wednesday the fund manager would likely expand its $1.9 billion…
Cathay Looks To ‘rebuild’ After Brutal Pandemic Losses
HONG KONG (Reuters) -Cathay Pacific Airways Ltd is ready to rebuild the airline and Hong Kong’s hub status as it…