U.S. President Donald Trump has suggested that the U.S. Federal Reserve drive interest rates into negative territory. He says his motivation was to refinance the U.S. government's $22 trillion in outstanding debt and lengthen the amount of time over which it is repaid.
Huawei Technologies [HWT.UL] plans to issue two tranches of bonds worth 3 billion yuan ($422 million) each, the first time it is tapping the onshore yuan bond market, the Chinese technology giant said in regulatory filings on Wednesday.
Hong Kong Exchanges and Clearing has made an unsolicited $39 billion takeover approach for the London Stock Exchange , a proposal contingent on the LSE ditching its acquisition of data company Refinitiv.
U.S. producer prices unexpectedly rose in August and underlying producer inflation rebounded, but the data on Wednesday did not change financial market expectations that the Federal Reserve will cut interest rates again next week to support a slowing economy.
Hong Kong Exchanges and Clearing (HKEX) has made an unsolicited $39 billion takeover approach for the London Stock Exchange (LSE), with any offer contingent on the LSE ditching its acquisition of data company Refinitiv.
U.S. stocks rose slightly on Wednesday as China's move to ease trade tensions with the United States soothed investor nerves, while shares of Apple gained a day after the launch of its latest iPhones.
U.S. producer prices unexpectedly rose in August and underlying producer inflation rebounded, but the data on Wednesday did not change financial market expectations that the Federal Reserve will cut interest rates again next week to support a slowing economy.
Saudi Aramco has hired nine banks as joint global coordinators to lead its planned initial public offering (IPO), slated to be the world's largest, two sources familiar with the matter told Reuters on Wednesday.
OPEC on Wednesday cut its forecast for growth in world oil demand in 2020 due to an economic slowdown, an outlook the producer group said highlighted the need for ongoing efforts to prevent a new glut of crude.
There will be six global coordinators of the IPO, sources said.
Major Wall Street analysts loved Apple's refreshed product unveiling which featured a new lower cost iPhone.
Hong Kong Exchanges and Clearing made a surprise $39 billion takeover approach for the London Stock Exchange on Wednesday, aiming to sabotage the LSE's acquisition of data company Refinitiv and create a global trading powerhouse.
Britain's finance ministry has said it will scrutinize Hong Kong Exchanges and Clearing's attempted takeover of the London Stock Exchange, after the Asian bourse made a surprise $39 billion approach on Wednesday.
Holt Accelerator | Samah El Falah | Sep 11, 2019 Holt Deal Day event series are seeking senior representatives of financial institutions, or fintech investors and experts to attend Holt’s Deal Day, taking place at Vancouver (Sept. 20th), Toronto (Sept. 23rd), Waterloo (Sept. 27th), Montreal (October, 2nd). Don’t miss out on the opportunity to interact
The cuts represent about 3% of the bank's workforce and comes across all sectors.