PBOC to step up support for economy, shifts focus to consumption
CHINA’S central bank said the country’s banks have to do more to foster the real economy in its latest effort ...
Tag: Shifts
Oracle drops after Elon Musk’s xAI shifts away from cloud deal
ORACLE dropped as much as 4.8 per cent after Elon Musk said his artificial intelligence (AI) startup would rely less ...
Australia’s largest pension fund shifts to equities
AUSTRALIANSUPER, the country’s largest pension fund, is shifting money into equities on the expectation that artificial intelligence will fuel further ...
Gold edges lower as spotlight shifts to US jobs data
GOLD prices inched lower on Wednesday (Jun 5) as the US dollar firmed, while investors focussed on the US non-farm ...
Gold flat as spotlight shifts to US data
GOLD prices were flat in early Asian trading on Tuesday (May 4) after a sharp gain in the previous session, ...
Wall Street shifts to faster settlements; bumps seen ahead
US TRADING on Tuesday moved to a shorter settlement cycle for securities transactions, putting investors and regulators on alert for ...
Chanel to open more stores in China even as growth shifts abroad
CHANEL plans to invest in opening more stores in mainland China despite a shift of spending by Chinese shoppers to ...
Europe’s rush for rate cuts shifts global market power away from US
THE Bank of England (BOE) has sent a new signal that borrowing costs will fall earlier and further across Europe ...
Citi shifts working hours, enhances platform ahead of settlement cycle change
AS WALL Street braces for the new era of faster settlement times across securities, Citigroup’s global custody business is leaving ...
Oil settles near 7-week lows, focus shifts to economy
OIL prices settled on Thursday near their lowest level in seven-weeks, narrowly mixed and under pressure from weaker global demand, rising ...
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