Swedish central bank to use Blackrock for corporate bond market analysis
Sweden’s central bank will engage BlackRock’s Financial Markets Advisory for analysis work on the Swedish corporate bonds market, it said in a statement on Friday....
World stocks win a respite, oil prices jump over 3%
World stocks rose on Friday and oil prices jumped more than 3%, taking the sting out of a week that has seen sentiment hit as...
Asia shares down on week as U.S.-China tensions rattle sentiment
Asian stocks edged up on Friday but were on course to end the week lower as deteriorating U.S.-China relations add to uncertainties over how fast...
Cathay Pacific loses money, flags ‘very bleak’ outlook
Cathay Pacific Airways Ltd said on Friday it made an unaudited loss of HK$4.5 billion ($580.53 million) at its full-service airlines during January-April and flagged...
Australia’s Westpac admits to breaches of money-laundering laws
Australia’s Westpac Banking Corp said in a defence filing in Federal Court on Friday it was admitting to a number of failures in a case...
Coronavirus forces HSBC to cut global growth forecasts, again
Europe’s biggest bank, HSBC has cut already bleak global growth forecasts even further, as lockdown restrictions extended through April and tentative economic re-openings drag on...
Pandemic stirs Wall Street’s social conscience
Worker welfare is having a moment on Wall Street....
Cathay Pacific losing money, says business outlook remains ‘very bleak’
Cathay Pacific Airways Ltd said on Friday it made an unaudited loss of HK$4.5 billion ($580.53 million) at its full-service airlines in the first four...
Australia’s Westpac files defence in money-laundering case
Australia’s second largest bank Westpac Banking Corp on Friday said it has filed its defence in a case where it is accused of 23 million...
Airline industry not likely to recover for at least a year: Southwest CEO
The airline industry is not likely to recover to pre-coronavirus levels for at least the next six to 12 months, Southwest Airlines Co Chief Executive...