Pressure
A$90 billion Australia pension reviews investments as Israel-linked firms face pressure
CBUS, one of Australia’s largest pension funds, is reviewing its investment policy following pressure from a major union to divest shares in companies that supply weapons and defence technology...
Apple profit ebbs as iPhone sales under pressure
APPLR on Thursday said its quarterly profit ebbed but topped market forecasts as it announced an unprecedented US$110 billion share buyback.The iPhone maker reported a profit of US$23.6 billion...
Banking giants race to Riyadh as MBS steps up pressure campaign
WHEN Deutsche Bank last month brought back its former CEO for the Middle East and Africa, the reappointment came with a twist: Unlike his prior stint at the German...
Trump social media firm’s rising shares pressure short-sellers: S3
Short-sellers in Trump Media & Technology Group are feeling the heat from the recent rally in the company’s stock and the higher cost of borrowing its shares, analytics firm...
Chinese banks hold lending rates with yuan under pressure
BANKS in China maintained their benchmark lending rates on Monday (Apr 22), following the Chinese central bank’s recent decision to stand pat on monetary policy.The one-year loan prime rate...
US officials to pressure Dutch government on China chip curbs
SENIOR United States officials plan to visit the Netherlands next week to pressure the Dutch government to toughen its China chip equipment curbs, as the Biden administration ramps up...
Bank of China says net interest margin will continue to face pressure
BANK of China (BoC) said its net interest margin (NIM) – a key gauge of profitability – will still face significant pressure this year.
Vice-president Zhang Yi made the remarks...
Europe: Luxury stocks pressure equities ahead of Fed verdict
EUROPEAN shares were flat on Wednesday, pressured by a sell-off in luxury stocks and in the absence of big bets by investors ahead of a crucial Federal Reserve meeting later...
