Goldman Sachs Asset Management makes $600 million bid for Norway’s Froy
OSLO (Reuters) – Goldman Sachs Asset Management (GSAM) has offered 6.6 billion Norwegian crowns ($598.8 million) in cash to buy…
2023
Morgan Stanley sees ECB ending its rate hike cycle in July at 3.75%
PARIS (Reuters) – U.S. investment bank Morgan Stanley said on Monday that it expected the European Central Bank (ECB) to…
UBS Expects To Seal Credit Suisse Takeover As Soon As June 12
By John Revill ZURICH (Reuters) – UBS said on Monday it expected to complete its takeover of Credit Suisse “as…
Police detain 23 people in Hong Kong on Tiananmen anniversary
By Jessie Pang and Ben Blanchard HONG KONG/TAIPEI (Reuters) – Hong Kong police said they detained 23 people on Sunday…
Indonesia inflation eases to central bank target sooner than expected
By Stefanno Sulaiman and Gayatri Suroyo JAKARTA (Reuters) – Indonesia’s annual inflation rate eased to 4% in May, matching the…
Mexican president’s party to win key state in election
By Dave Graham and Alberto Fajardo MEXICO CITY (Reuters) – The party of Mexican President Andres Manuel Lopez Obrador was…
Analysis – Dollar bears bide their time as U.S. economic strength persists
By Saqib Iqbal Ahmed NEW YORK (Reuters) – A strong U.S. economy is giving an unexpected boost to the dollar,…
Countdown to mega merger – how Credit Suisse wobbled and UBS rushed to rescue
ZURICH(Reuters) – UBS Group takeover of Credit Suisse, arranged by the Swiss authorities to stave off a broader banking crisis,…
India rail crash probe focuses on electronic track management system
By YP Rajesh NEW DELHI (Reuters) – Investigators are probing an electronic track management system that they suspect malfunctioned and…
Marketmind: Hawkish Pause For Thought?
A look at the day ahead in European and global markets from Kevin Buckland: All eyes are on interest rates…