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Asia shares turn lower as recovery concerns resurfaceMSCI’s broadest index of Asia-Pacific shares outside Japan was last down 0.59 per cent.
- Wall Street fumes over last-minute rule from Trump bank watchdog
Brooks, who plans to step down after he finishes the regulation, has also angered banks by granting federal banking licenses to technology ...
- When to trade bitcoin? When Saturn crosses Mercury, of course
For the uninitiated, Mercury represents bitcoin's price data and Saturn is a restricting indicator.
- Wall Street Week Ahead: Focus may return to earnings, data as political risk fades
For months, earnings and economic data have largely taken a backseat as investors grappled with two overarching uncertainties and their ult...
- Citi cuts ‘Expensive’ US stocks to neutral, favors EM, UK
A team including Robert Buckland cut its recommendation on American shares and upgraded stocks from developing economies to overweight in a...
- Wall Street poised for $11 billion in buybacks with Fed decision
JPMorgan Chase & Co. and Morgan Stanley said in statements they plan to resume buybacks starting next quarter.
- An epic year of market events shook China, Hong Kong, Taiwan
In Hong Kong, colonial stalwart HSBC Holdings Plc fell to its lowest price since 1995 before becoming one of the city’s best trades.
- Singapore’s top stock of 2020 faces a rougher ride next year
The utilities firm is 2020’s top gainer on the benchmark Straits Times Index, after being the worst performer in the preceding five-year pe...
- Citigroup trial reveals chain of gaffes that led to the $900 million blunder
At the heart of the breakdown was a system known inside the bank as the “six eyes” approval process. Under the six-eyes protocol, three peo...
- Australia shares extend rally to sixth day as business sentiment improves
The S&P/ASX 200 index rose 0.2% to 6,687.7, adding about 3% in the past six sessions.
- FPIs may hit pause on India F&O markets from tomorrow
From Tuesday, market participants will be subject to peak margin reporting, which involves routine checks by clearing corporations associat...
- Schneider Electric taps Citigroup Capital Markets to offload Luminous Power
Schneider has grown its India presence through a ‘string of pearls’ strategy, where it acquired mass brands and integrated them into its fo...
- Overseas brokerages and banks move Sebi on peak margin issue
These firms are worried that they might unwittingly end up violating the tighter margin norms applicable from December 1 that would attract...
- Citigroup names Anand Selva global head of consumer banking
Selva, who has been at the firm for nearly three decades, has helped shape the international banking giant's consumer strategy in different...
- Wall Street bank trading boom does little to assuage concerns about lending
Goldman Sachs Group Inc and Morgan Stanley benefited most, because they do not have the lending operations of rivals like JPMorgan Chase & ...
- A clear-cut Biden win is emerging as a bull case for stocks
S&P 500 futures pointed to a day in the green, havens including bonds are seeing little demand and the greenback is down.
- Buy the dip in global stocks on policy support: Citigroup
A resurgence in Covid-19 cases, earnings downgrades, a chaotic U.S. election and stretched valuations may all drag on stocks in the coming ...
- Citigroup says switch from European stocks to emerging markets
A gauge of the European economy fell unexpectedly in September amid a resurgence in coronavirus cases that has dampened investor ardor to...
- Rich families view markets with ‘extreme’ caution, Citi says
About three-quarters of respondents described their 12-month investment sentiment as “cautious.” That increased to 84% when adding those wh...
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