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February 1, 2024
JPMorgans China chief executive Mark Leung will retire from the bank at the end of 2024, according to a memo seen by Reuters on Thursday....
February 1, 2024
ZURICH (Reuters) -Julius Baer CEO Philipp Rickenbacher will leave the bank, the Swiss wealth manager said on Thursday, as it reported net credit losses of 586 million Swiss francs ($679 million) linked to its exposure to property and retail giant Signa Holding. The write off was significantly more than the 400 million Swiss franc Signa-related loss analysts and a Swiss newspaper had estimated the bank would post from its ties to Rene Benko's Signa, which recently declared insolvency. Juli...
February 1, 2024
-ING Groep, the largest Dutch bank by assets, just beat analysts fourth-quarter profit estimate on Thursday, aided by higher interest rates, but forecast lower total income for 2024. ... -February 01, 2024 at 02:26 am EST - MarketScreener
February 1, 2024
French software maker Dassault Systemes on Thursday forecast a revenue growth of 8% to 10% in constant currency in 2024, after posting full-year earnings in line with expectations, driven by strong...
January 31, 2024
By Michelle Nichols UNITED NATIONS (Reuters) -The United States said on Tuesday that the U.N. agency for Palestinian refugees needs to make
January 31, 2024
The Australian dollar slipped on Wednesday after a surprisingly soft reading on domestic inflation stoked bets for an earlier cut in interest rates and pulled bond yields lower. Annual...
January 31, 2024
Thailands manufacturing production index in December fell 6.27% from a year earlier as car production output declined, the industry ministry said on Wednesday. The figure compared with... -January 30, 2024 at 11:40 pm EST - MarketScreener
January 31, 2024
BEIJING -China on Wednesday published revised rules on how local governments should manage funds allocated by Beijing for scientific and technological innovation, at a time when local government... -January 31, 2024 at 03:16 am EST - MarketScreener
January 31, 2024
Hackers linked to the Chinese government are targeting critical infrastructure in the United States, preparing to cause "real-world harm" to Americans, FBI Director Christopher Wray plans to tell a House of Representatives panel on Wednesday. Water treatment plants, the electrical grid, oil and natural gas pipelines and transportation hubs are among the targets of state-sponsored hacking operations that have received "far too little public focus," Wray will testify to the Ho...
January 31, 2024
TAIPEI (Reuters) -Taiwan's trade-dependent economy grew faster than expected in the fourth quarter thanks to strong domestic consumption and a rebound in exports, expanding 1.4% for the full year of 2023. Taiwan is a key hub in the global technology supply chain for companies such as Apple Inc and home to the world's largest contract chipmaker, Taiwan Semiconductor Manufacturing Co Ltd (TSMC). Gross domestic product in the October-December period grew by a preliminary 5.12% from a ye...