HSBC Holdings shares rose after the lender agreed to sell its Canadian unit for C$13.5 billion (S$18.5 billion) in cash and said it’s “proactively” considering a one-time dividend or fresh stock buyback.
THE pound held firm on Thursday after exit polls suggested Keir Starmer’s Labour party was set to win a massive majority in the UK general election, affording investors some much-needed certainty after years of market volatility under the Conservatives.
Pacific Investment Management Co is one of the investors embracing Danish mortgage-backed covered bonds, even as negative interest rates mean investors face built-in losses on some bonds, Bloomberg reported on Sunday.
U.S. stock index futures jumped on Thursday as investors were optimistic that a potential gridlock in Washington could reduce the chance of major policy changes, although concerns remained about the risk of a contested presidential election.
BEIJING: Some companies in Wuhan, the Chinese city where the novel coronavirus outbreak emerged late last year, are to be allowed to return to work, provincial officials said on Wednesday (Mar 11). Businesses involved in providing daily necessities can resume work and production immediately, as ...
