Column: Buying the bear? Equity demand endured market pain: Mike Dolan

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, US, June 27, 2022. REUTERS / Brendan McDermid Register now for FREE unlimited access to Reuters.com Register LONDON, June 29 (Reuters) – It’s a hard habit to break. You’d be forgiven for thinking the worst two-quarter period for … Read more

Walgreens shelves pharmacy Boots’ sale as market turmoil hits dealmaking

People walk by a Walgreens, owned by the Walgreens Boots Alliance, Inc., in Manhattan, New York City, US, November 26, 2021. REUTERS / Andrew Kelly Register now for FREE unlimited access to Reuters.com Register June 28 (Reuters) – Walgreens Boots Alliance (WBA.O) on Tuesday scrapped the plan to sell its UK high street pharmacy chain, … Read more

Factbox: Major finance milestones as Hong Kong marks 25 years since handover

A general view of Two International Finance Center (IFC), HSBC headquarters and Bank of China in Hong Kong, China July 13, 2021. REUTERS/Tyrone Siu/File Photo Register now for FREE unlimited access to Reuters.com Register HONG KONG, June 28 (Reuters) – Hong Kong returned to China in 1997 after 156 years of British colonial rule. Here … Read more

Hong Kong’s top finance executives bank on city to thrive as gateway to China

HONG KONG, June 27 (Reuters) – In 1997, the world watched as Britain returned Hong Kong to Chinese rule, with some pessimistic or wary about the outlook for the city and its role in the global financial system. Twenty-five years later, Hong Kong has so far retained its status as a financial hub, and some … Read more

Rise of women to top of UK finance is ‘stagnating’

The City of London financial district is seen in London, Britain, October 22, 2021. REUTERS/Hannah McKay Register now for FREE unlimited access to Reuters.com Register LONDON, June 23 (Reuters) – Britain’s six -year drive to increase the number of women in senior management at financial firms is “stagnating” for the first time, a review for … Read more

US business borrowing for equipment rises 16% in May – ELFA

The skyline is seen in Manhattan, New York City, US, August 21, 2021. REUTERS / Andrew Kelly Register now for FREE unlimited access to Reuters.com Register June 23 (Reuters) – US companies borrowed 16% more in May to finance their investments in equipment compared to a year earlier, the Equipment Leasing and Finance Association (ELFA) … Read more

SoftBank overseas business chief exits in latest churn

The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS / Issei Kato / Register now for FREE unlimited access to Reuters.com Register TOKYO, June 22 (Reuters) – Japan’s SoftBank Group Corp (9984.T) said on Wednesday it has appointed Alex Clavel as chief executive of … Read more

Market positioning suggests more pain for equities despite the route, Bank of America says

A trader walks by the New York Stock Exchange (NYSE) in Manhattan, New York City, US, May 19, 2022. REUTERS / Andrew Kelly Register now for FREE unlimited access to Reuters.com Register LONDON, June 17 (Reuters) – A market trends indicator by BofA Securities fell to zero for the first time since the pandemic-induced mayhem … Read more

EXCLUSIVE China’s central bank accepts Ant’s application for financial holding company- sources

A logo of Ant Group is pictured at the headquarters of Ant Group, an affiliate of Alibaba, in Hangzhou, Zhejiang province, China October 29, 2020. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register PBOC taking application signals license may come soon – sources Financial holding license to pave way for Ant market … Read more

Analysis: S.Korea truckers’ win no harbinger of labor market peace

SEOUL, June 15 (Reuters) – South Korea’s unionized truckers drove a strong bargain with their largely peaceful strike action proving effective without antagonizing a public largely unsympathetic towards unions after years of militant action. But the group of aging drivers are often seen as outliers in the country’s combative and politicized industrial landscape and their … Read more