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Markets 20 Feb 2019 | 10:46 PM Premium

Global stocks rise on US-China trade hopes

NEW YORK: An index of stocks across the globe hit a more than four-month high on Wednesday on hopes for progress in trade talks between the United States and China, and a supportive backdrop from major central banks also helped push risk assets higher

Corporate News 31 Dec 2017 | 10:52 PM Premium

Siemens to gauge interest of state funds in Healthineers IPO

FRANKFURT: Siemens will test the appetite of sovereign wealth funds ahead of the planned listing of its healthcare unit Healthineers next year, its chief executive told a German weekly, possibly to secure anchor investors for the flotation

Business 27 Jun 2017 | 12:00 AM Premium

Starling Bank targets EU expansion

LONDON: Starling Bank, a British financial startup that lends via smartphones, is targeting expansion in the European Union (EU) even as the future of cross-border banking comes under threat from Brexit.

Business 11 Nov 2016 | 12:00 AM Premium

Deutsche Telekom earnings rise

Its US mobile-phone unit helps offset slower growth in Germany

Business 17 Mar 2010 | 12:00 AM Premium

Maybank will have to prove itself once again

THERE'S never a dull moment for the country's financiers these days. Banks have been in the news in recent weeks for a multitude of reasons ranging from takeovers to interest rate hikes to rising profits to soaring share prices.

Business 13 Jun 2011 | 12:00 AM Premium

London investors will look for clues on the strength of Britain’s economy this week

LONDON: INVESTORS in London will examine vital British inflation, unemployment and retail sales data this week for clues on the strength of Britain's economic growth in the second quarter.

Business 13 Jun 2011 | 12:00 AM Premium

Wall Street may rack up 7th consecutive week of losses this week

NEW YORK: Don't be surprised if Wall Street racks up a seventh consecutive week of losses as the likelihood of more poor economic data and other disconcerting signals outweigh any thoughts that stocks are cheap.

Business 13 Jun 2011 | 12:00 AM Premium

Japanese shares seen to be rangebound this week

TOKYO: JAPANESE shares are seen to be rangebound this week as investors focus on US and Chinese economic data, while any downside is likely to be limited by bargain hunting, brokers said.