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When the Great Recession hit, China didn’t hesitate to open up the fiscal taps. But ...
Read More »China stimulus measures went the wrong way
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Nomura needs offshore focus to keep post-earnings glow
Nomura Holdings Inc. turned in laudable first-quarter results Friday, but Japan’s largest brokerage needs to ...
Read More »Governments’ promises won’t kill internal combustion engine
European governments are making big promises to ban the sale of cars with combustion engines: ...
Read More »Stocks advance as growth optimism boosts metals
Bloomberg European stocks headed for the first gain in three days, spurred by raw-material producers ...
Read More »Saudi dips on weak Q2 while blue chips support Dubai
DUBAI / Reuters Saudi Arabia’s stock market index recorded its sixth straight session of declines ...
Read More »Politics to weigh on South Africa’s central bank: Moody’s
Bloomberg South Africa’s central bank is under increasing political pressure to maintain “expansionary†monetary policy, ...
Read More »HSBC first big bank to spell out Brexit bill: $300 million
Bloomberg HSBC Holdings Plc faces as much as $300 million in legal and relocation fees ...
Read More »Inflation hits low bar ECB’s Draghi set
Bloomberg Italian economist Mario Draghi kept expectations low for inflation this summer, and July’s number ...
Read More »Bond Connect lures China offshore money back home to credit
Bloomberg Turns out that China’s new Bond Connect with Hong Kong isn’t just good for ...
Read More »HSBC rises as 2nd quarter growth backs its turnaround
Bloomberg After posting a second quarter of revenue growth and with plans to return another ...
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