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UBS to book $900 million provision linked to inherited Greensill funds
Business

UBS to book $900 million provision linked to inherited Greensill funds

Posted on: June 17, 2024June 17, 2024

UBS announced on Monday that it is expecting to set aside approximately $900 million as a provision for

Copper Slides to Eight-Week Low After More Soft Data From China
Business

Copper Slides to Eight-Week Low After More Soft Data From China

Posted on: June 17, 2024June 17, 2024

Copper prices continued to decline for the fourth consecutive week as economic data from China

UBS Offers to Redeem Funds Linked to 2021 Greensill Collapse
Business

UBS Offers to Redeem Funds Linked to 2021 Greensill Collapse

Posted on: June 17, 2024June 17, 2024

UBS Group AG has announced that it will provide investors in Credit Suisse funds affected by the collapse

Stock market today: Asian shares mostly lower as China reports factory output slowed
Business

Stock market today: Asian shares mostly lower as China reports factory output slowed

Posted on: June 17, 2024June 17, 2024

In Asia, stock markets showed a mixed performance on Monday as China’s factory output slowed down in May

Stock market today: Asia shares rise amid Bank of Japan focus after the Fed stands pat
Business

Stock market today: Asia shares rise amid Bank of Japan focus after the Fed stands pat

Posted on: June 13, 2024June 13, 2024

Asian shares mostly gained on Thursday as investors awaited the Bank of Japan’s decision on monetary

Bobby Jain’s Hedge Fund to Hire 30 in Asia by Trading Start
Business

Bobby Jain’s Hedge Fund to Hire 30 in Asia by Trading Start

Posted on: June 13, 2024June 13, 2024

Bobby Jain’s Hedge Fund to Hire 30 in Asia by Trading Start

Exclusive-Temasek to finalise deal with Shell for Pavilion Energy LNG asset sale, sources say
Business

Exclusive-Temasek to finalise deal with Shell for Pavilion Energy LNG asset sale, sources say

Posted on: June 13, 2024June 13, 2024

According to sources familiar with the matter, Singapore’s Temasek Holdings is in the final stages of

Asia stocks rally, bond yields fall as investors assess Fed outlook
Business

Asia stocks rally, bond yields fall as investors assess Fed outlook

Posted on: June 13, 2024June 13, 2024

Asian stocks surged on Thursday, with bond yields falling, as investors assessed the impact of cooling U.S.

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