TOPCMB – Page 58 – Money Lowdown

Analysis: Markets bracing for ‘no landing’ world economy scenario curb risk appetite

February 22, 2023

No-landing scenario gaining traction in marketsResilient growth, sticky inflation bad for equities and bondsInvestors see China reopening, tight US jobs...

Economy

Global stocks fall, U.S. yields rise on higher interest rate outlook

February 21, 2023

Three major Wall Street indexes close lowerBenchmark 10-year yields hit new highEuropean shares fallOil prices slipU.S. dollar rises, safe-haven gold...

Currencies

Euro eases, but robust services data stems losses

February 21, 2023

LONDON, Feb 21 (Reuters) - The dollar held near six-week highs on Tuesday, as the euro came under pressure after...

Banking

HSBC shares slide as it fails to raise key target despite profit surge

February 21, 2023

Q4 pretax profit $5.2 bln, beats analyst estimatesReturn on equity target not raised, Hong Kong shares drop 2.1%Special $0.21/share dividend...

Currencies

Dollar edges down from six-week peak, Swedish crown jumps

February 20, 2023

LONDON, Feb 20 (Reuters) - The dollar edged lower on Monday but kept close to Friday's six-week high, after a...

Banking

Exclusive: U.S. sanctions authority probes Raiffeisen on Russia

February 18, 2023

FRANKFURT/VIENNA, Feb 17 (Reuters) - The United States' sanctions authority has launched an inquiry into Raiffeisen Bank International (RBIV.VI) over...

Stock Market

S&P 500 ends down as investors fret about interest rates

February 18, 2023

Defensive stocks limit market lossesModerna slides after mixed data from flu vaccine trialU.S. markets closed on Monday for Presidents' DayIndexes:...