Mainland Banks Plunge on Goldman Sachs Downgrade
Mainland Banks Plummet on Hong Kong Stock Market Shanghai/Hong Kong – In a significant development, mainland banks experienced a sharp decline in the Hong Kong stock market on Thursday. The cause for concern was sparked by Goldman Sachs’ decision to downgrade its investment positions regarding Agricultural Bank of China and several others. On the 5th […]
Fund allocation to stocks, lowest level in 5 months = BofA survey | Reuters
Global fund managers’ allocations to equities fell to five months, according to a Bank of America (BofA) survey released on Monday. Picture taken in March 2022 (2023 REUTERS/Brendan McDermid) LONDON (Reuters) – Global fund managers’ allocations to equities fell to a five-month low, according to a Bank of America (BofA) survey released on Monday. The […]
Hedge funds move from European stocks to Japanese and US stocks = major US financial firms | Reuters
Hedge funds shifted their investments from European stocks to US and Japanese stocks last week, according to memos to clients from JPMorgan Chase & Co., Morgan Stanley and Goldman Sachs & Co. REUTERS/Andrew Kelly/Reuters LONDON (Reuters) – Hedge funds shifted their investments from European stocks to U.S. and Japanese stocks last week, according to a […]
Battle over US debt ceiling could have serious consequences City CEO warns | Reuters
Citigroup Chief Executive Jane Fraser said on Wednesday that a battle between the ruling and opposition parties over the US debt ceiling could have serious consequences and was “more worrying” than similar situations in the past have shown. May 2009 (2023 REUTERS/John Gress) [ビバリーヒルズ １日 ロイター] – Citigroup Chief Executive Jane Fraser said on Wednesday […]
Bank of Japan long-term interest rate target, room to adjust fine within the year = IMF | Reuters
Ranil Salgado, director of the International Monetary Fund’s (IMF) review of Japan, said on the 15th that the Bank of Japan’s Yield Curve (YCC) Adjustment is expected to lead to a continued rise in domestic wages, and said there may be room to change the rate target long term interest later this year. Kazuo Ueda, […]
Confusion about banks, a big blow to investor sentiment = BofA survey | Reuters
A monthly survey by Bank of America (BofA) showed investor confidence plunged to its lowest level in 20 years after turmoil over US banks and fears of a renewed recession this month. (Reuters/Dado Ruvic) LONDON (Reuters) – Investor confidence fell to its lowest level in 20 years after turmoil over US banks and fears of […]
Swiss regulators pay close attention to banks and insurance companies Following Silicon Valley bank failure | Reuters
A view of the Park Avenue location of Silicon Valley Bank (SVB), in New York City, U.S., March 13, 2023. REUTERS/David ‘Dee’ Delgado ZURICH (Reuters) – Switzerland’s Federal Financial Market Supervisory Authority (FINMA) said on Wednesday it was closely monitoring the situation of the banks and insurance companies it supervises. The measures come after two […]
Hot Stock: Japan Post Bank plunges sharply, Japan Post Holdings 6% very cheaply sells Japan Post stocks | Reuters
[TOKYO (Reuters)]- Japan Post Bank has fallen sharply and is down 6.1%. As of 9:25 am, it was the second-biggest drop in the Tokyo Stock Exchange’s primary market. Japan Post Bank stocks hit a record high since last year on the previous day. “Perhaps investors assumed there would be talk of a sale eventually,” he […]
Russia asks the United States to answer Involvement reported in Nord Stream explosion | Reuters
Russian Foreign Ministry spokeswoman Zakharova said on Monday that the United States was responsible for last year’s explosions on the Nord Stream 1 and Nord Stream 2 submarine pipelines that transport natural gas from Russia to Europe. “The US administration needs to comment on all the facts,” he said. FILE PHOTO: Russian Foreign Ministry Spokesperson […]
G7, “extremely close” to agreement on Russian oil price limit of $60 = senior official | Reuters
On 1 December, senior officials from the Group of Seven (G7) countries agreed to cap the price of Russian oil at $60 a barrel, with the G7 agreeing to set up a mechanism to keep prices 5% below market prices . was “extremely close” to (Reuters/Tatiana Meel) NEW YORK (Reuters) – Group of Seven (G7) […]
