Breadcrumb Trail Links PMN Business Author of the article: Reuters Krisztina Than Published Mar 21, 2023 • 2 minute read Join the conversation Article content BUDAPEST — Central European currencies firmed and stocks rebounded on Tuesday as global Financial Post Top Stories Sign up to receive the daily top stories from the Financial Post, a […]
Breadcrumb Trail Links PMN Economy PMN Business Article content SINGAPORE — Global bank stock and bond prices attempted to steady on Tuesday as regulators sought to convince investors that the hit embattled Swiss lender Credit Suisse bond holders are taking is an isolated event. The turmoil in banks follows Credit Suisse’s rushed rescue merger deal […]
Article content NEW DELHI — The head of Emirates said Indian airlines would lose financially as a result of traffic quotas between India and the United Arab Emirates, which the Dubai carrier believes should be increased. The United Arab Emirates has asked India’s government to approve 50,000 extra seats between the UAE and India, but […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Jason Hovet and Krisztina Than Published Mar 20, 2023 • 2 minute read Join the conversation Article content PRAGUE — Hungary’s forint hit an 11-week low on Monday, Warsaw’s blue-chip index fell to its Financial Post Top Stories Sign up to receive the daily top […]
Article content LONDON — European share markets opened sharply lower and government bonds and gold rallied in a rush for safety on Monday as the emergency weekend rescue of banking heavyweight Credit Suisse left the financial system facing widespread uncertainty. Sunday had seen the most dramatic intervention since the global financial crisis with UBS buying […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Kevin Buckland and Harry Robertson Published Mar 20, 2023 • 2 minute read Join the conversation Article content TOKYO/LONDON — Japan’s yen rallied on Monday as investors sought out safe assets after UBS’ cut-price takeover of its beleaguered rival Credit Suisse failed to quell market […]
Article content TAIPEI — Taiwan’s export orders in February shrank for a sixth straight month, though at a slower pace, dragged down by China and as global demand continued to be squeezed by inflation and interest rate hikes. The island’s export orders, a bellwether for global technology demand, fell 18.3% from a year earlier to […]
Article content OSLO — Norway’s Supreme Court ruled on Monday that EU ships cannot fish for snow crab off the Svalbard archipelago in the Arctic, in a case also deciding who has the right to explore for oil and minerals in the region. At stake was whether EU vessels had the right to catch snow […]
Breadcrumb Trail Links PMN Business The Chinese president’s trip to Russia marks his most ambitious effort yet to weigh into Europe’s bloodiest conflict since the Second World War. Author of the article: Bloomberg News Bloomberg News Published Mar 19, 2023 • 3 minute read Join the conversation 4d{tb0llwy7vn{5t(r5nbqs)_media_dl_1.png Bloomberg RSS Article content (Bloomberg) — Advertisement […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters David French Published Mar 19, 2023 • 3 minute read Join the conversation Article content NEW YORK — Some U.S. regional banks’ efforts to raise capital and allay fears about their health are running up against concerns from potential buyers and investors about looming losses […]