Tuesday , 16 December 2025

Recent Posts

Hong Kong borrowing costs set to stay high

Bloomberg Hong Kong borrowing costs are expected to remain stubbornly high over the rest of the quarter, supporting the local currency. That’s according to Carie Li, an economist at OCBC Wing Hang Bank Ltd., who says the city’s shrinking cash pool is making banks more reluctant to lend. The one-month interbank rate, known as Hibor, has climbed to 2.07 percent, …

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Goldman’s Marcus launch delayed in Germany over Brexit

Bloomberg Goldman Sachs has put off the German launch of its consumer bank — Marcus until next year because of the delay in Brexit proceedings as well as cost constraints, the Financial Times reported on Sunday, citing two people familiar with the situation. Had Brexit taken place on March 29 as it was planned earlier, Goldman Sachs would have “wanted …

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‘Range of factors may explain 737 runway skid’

Bloomberg The National Transportation Safety Board (NTSB) will evaluate a range of factors that could help explain how a Boeing 737-800 plane arriving from Cuba slipped into a river after skidding off a runway in Florida, from human error to the weather to the airport’s systems. “We are very early in the beginning phase of this investigation,” Bruce Landsberg, NTSB …

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