Mar 29, 2024 | Markets
Also cut financials but raise consumer discretionary stocks Strategists see defensive stocks benefiting from lower rates The US stock rally is set to broaden out beyond technology, according to Citigroup Inc. strategists whose outlook on the sector has turned more...
Mar 28, 2024 | Markets
China Vanke Co.’s profit tumbled more than analysts expected last year and it vowed to slash debt by almost $14 billion, as the embattled developer tries to stave off default amid a protracted housing crisis. Net income attributable to shareholders shrank 46% to 12.2...
Mar 27, 2024 | Markets
Dubravko Lakos-Bujas sees more risks, fewer sources of upside More risks are ‘hovering in the background,’ strategist warns It’s the talk of the stock market: What will be the sign that the five-month rally in US equities is coming to an end. But if you ask JPMorgan...
Mar 27, 2024 | Markets
Banks exposed to falling property prices, regulator warns Investment real estate loans to get higher risk weighting Swiss banks face a “significant loss potential” in the event of corrections on property markets, financial regulator Finma said. Many lenders have a...
Mar 27, 2024 | Markets
Agency will look at ways to improve cross-agency coordination Gaps identified in capabilities of small firms versus large Artificial intelligence is making it easier for fraudsters to carry out more sophisticated attacks on financial firms, the Treasury...
