The 166-year-old Swiss bank sees the sector as a key focus of a ‘radical’ restructuring that aims to return it to its core foundation, according to chairman Axel Lehmann.
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Australia news live: China warns ‘arms race’ could follow Australian B-52 bomber deployment; Reserve Bank tipped to deliver Cup day rate rise
Aussie firm turns classic cars electric An Australian startup adding modern technology to classic Land Rovers will become part of one of the biggest electric vehicle conversion companies in the …
Australia news live: China warns ‘arms race’ could follow Australian B-52 deployment; Reserve Bank tipped to deliver Cup day rate rise
Recent rainfall causing major to moderate flooding in Victoria Tim Wiebusch from Victorian SES has provided an update on how specific Victorian communities are faring: In the last 24 hours we …
Credit Suisse plans to push ahead with China expansion after overhaul
Credit Suisse is forging ahead with expansion in China, with the country and Hong Kong set to see strongest pace of headcount growth in Asia, its regional head said, even as the Swiss bank’s …
Global Bankers Fly Into Hong Kong Amid Growing US-China Tensions
Some of the biggest names on Wall Street are descending on Hong Kong in their first trip since the pandemic began, defying criticism by US lawmakers amid growing tensions with China.
Yahoo Finance
After enduring days of lock-in at Foxconn’s vast facility in central China with 200,000 other workers, Yuan finally climbed the fences on Saturday night and escaped the complex, joining others fleeing …
China’s influence as a Pacific donor
Beijing has taken steps to increase its influence in the island region at the same time as its aid levels decline. China is now a principal donor in the Pacific alongside traditional development …
Hong Kong bets on summit to herald its comeback as financial hub
Hong Kong aims to restore its reputation as a global financial hub by playing host to a bevy of top Wall Street executives this week, defying critics who say a talent crunch and geopolitical tensions…
China Dismisses ‘Fabricated’ Virus Leak Theory Revived by Report
China lashed out at a report about a lab in the city of Wuhan where the coronavirus first appeared, saying it was driven by politics in the US.Most Read from BloombergMusk Posts Then Deletes Tweet…
Economic ties with China take a backseat to national security
National security fears in both Washington and Beijing threaten to eclipse prospects for greater commercial cooperation, leaving corporate executives worried.
3 Bank Chiefs Pull Out of Hong Kong Conference as China Scrambles for Covid
To top matters off, Hong Kong’s financial secretary, Paul Chan Mo-po, contracted Covid last week while on a trip to Saudi Arabia to drum up investment. He delivered a video addres …
China finance ministry brings forward 2023 transfer payment budget for domestic civil aviation
China’s finance ministry brought forward the 2023 transfer payment budget for a civil aviation development fund to support the country’s civil aviation infrastructure and some airlines, according to a …
Marketmind: Fed peak rate talk meets China curbs, grain strain
A look at the day ahead in U.S. and global markets from Mike Dolan. A potentially pivotal week for U.S. monetary policy has been given a new twist from fresh ‘terminal rate’ speculation, with …
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