Allianz in talks for China insurance asset management licence
Allianz is in talks with Chinese regulators for a licence as the German insurer looks to eventually offer broad asset management services in the world’s...
BofA sees 10% further upside for European equities by third-quarter
European stocks are likely to rise another 10% by the end of September as the re-opening of economies after virus lockdowns is likely to lead...
Global stocks and euro surge ahead of U.S. jobs data
World stocks held their ground near three-month highs as the euro hit its highest level since March 10, thanks to Europe’s stimulus boost, fuelling hopes...
Virtual certainty? Bankers ask if success of remote roadshows will last
Who needs expensive lunches at glitzy hotels and fancy restaurants to court investors for bond deals or the sale of new shares on the stock...
Exclusive: Unfazed by pandemic, Bank of Japan to keep economic recovery view – sources
The Bank of Japan is likely to maintain its projection that the economy will gradually recover in the latter half of this year, four sources...
Oil rises as traders await OPEC+ meeting on extending supply cuts
Oil prices moved higher on Friday as traders await cues from a meeting that could take place as soon as this weekend where major oil...
Asian stocks set for best weekly gain in nine years, U.S. jobs eyed
Asian stocks extended gains on Friday and were poised for their biggest weekly rise since 2011 while the euro hit a 1-1/2 month high as...
Ocean shipping shrinks as pandemic pummels retailers
The $1 trillion container shipping industry is in a slowdown. Literally....
Japan’s first-quarter GDP decline likely smaller than initial estimates on firmer capex: Reuters poll
Japan’s first quarter economic contraction was likely smaller than initially estimated, a Reuters poll showed, thanks to stronger business spending although the country is still...
Japan’s first-quarter GDP decline likely smaller than initial estimates on firmer capex
Japan’s first quarter economic contraction was likely smaller than initially estimated, a Reuters poll showed, thanks to stronger business spending although the country is still...