Banks are bracing for a recession as Treasury yields surge
Bank stocks are on pace for yearly losses, but the banking industry's reserves are at the highest level in three decades, according to DBRS Morningstar.
Source: marketwatch.com
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Hong Kong flooded by heaviest rainfall in 140 years
Hong Kong's subway operator said there was a service disruption on one of its lines after a station in the Wong Tai Sin district was flooded.
Source: citizen.co.za
Hong Kong government's response to 16-hour black rainstorm called 'too little, too late' as critics ask for full review of emergency response
Public and lawmakers attack government handling of crisis caused by ‘once-in-500-years’ rainstorm that paralysed parts of city.
Source: scmp.com
heavy rain | Heavy rain in Hong Kong and southern China overnight floods city streets, two dead
Extreme weather was expected to last until at least midnight, with widespread flooding and heavy disruptions to public transport in multiple districts
Source: telegraphindia.com
US, India, Saudi, EU to unveil rail, ports deal on G20 sidelines
A multinational rail and ports deal linking the Middle East and South Asia will be announced on Saturday on the sidelines of the G20 summit in New Delhi, a White House official said. The pact comes at a critical time as U.S. President Joe Biden seeks to counter China's Belt and Road push on global
Source: ariananews.af