May 14, 2024 | Markets
Burberry Plc is expected to report yet another quarter of declining sales, as the trench-coat maker grapples with weak demand from Chinese and US shoppers. The British fashion house will likely reveal that its fiscal fourth quarter — which will be reported on...
May 14, 2024 | Markets
Rate cut bets drive highest optimism since November 2021: BofA But investors expect weaker global growth, corporate earnings Wagers on interest rate cuts have sent investor optimism to a two-and-a-half-year high, but stocks will suffer if evidence of stagflation...
May 14, 2024 | Markets
Daiwa Securities will become Aozora’s biggest shareholder Aozora posted first loss in 15 years after US property turmoil Daiwa Securities Group Inc. shares tumbled after the firm said it will take a stake in Aozora Bank Ltd., which just suffered its first loss in 15...
May 14, 2024 | Markets
New Zealand is experiencing a record exodus of citizens as a sluggish economy reduces job opportunities. Some 78,200 citizens departed in the year through March, Statistics New Zealand said Tuesday in Wellington. That’s up from 74,900 in the year through February....
May 13, 2024 | Markets
Twenty-year yield rises to 1.77% after cut in operation size Wide yield gap between Japan and US has fueled yen weakness Japanese sovereign bond yields are surging to the highest levels in more than a decade amid signs the central bank is ready to reduce debt...
