Canada banks’ quarterly profits seen hit by rising provisions
(Reuters) – Canada’s big banks are likely to wrap up a challenging financial year with another quarter of declining profits…
HSBC Holdings price target raised to $10.28 amid growing institutional interest
Analysts have revised the one-year price target for HSBC Holdings (NYSE:HSBC) (OTC:HBCYF), hinting at a robust potential uptick. The new…
Asia stocks swing lower, gold climbs as oil slips
(Reuters) -Asian shares slipped on Monday ahead of potentially market-moving inflation data from the United States and Europe later in…
Marketmind: Markets turn risk-averse after bumper month
A look at the day ahead in European and global markets from Wayne Cole. Asia started Monday in hesitant fashion…
European stocks drift lower; key economic data releases to guide sentiment
European stock markets traded mostly lower Monday, with investors on edge at the start of a week that includes a…
MediaTek shares surge on strong demand and AI chip launch
MediaTek Inc.’s stock has seen a remarkable ascent, climbing nearly 40% since late June, driven by a surge in smartphone…
Exclusive-Beijing bourse tells ‘major shareholders’ to refrain from selling, sources say
(Reuters) – The Beijing Stock Exchange has de facto implemented a new policy that prevents major shareholders of companies listed…
EUR/GBP drops to new low as UK PMI data outshines Eurozone
The EUR/GBP pair reached a low of 0.8697 during the early European trading hours today, influenced by strong UK economic indicators. The…
Global equities head toward monthly gain; oil prices steady
(Reuters) – Shares on Wall Street were mixed, as global equities drifted on Friday toward their biggest one-month rally since…
OPEC+ moving closer to compromise with African producers, sources say
(Reuters) – OPEC+ has moved closer to a compromise with African oil producers on 2024 output levels, four OPEC+ sources…