Most European banks beat profit estimates for the second quarter, with surprisingly robust loan portfolios providing a major boost to their earnings.
Societe Generale’s credit...
HSBC Holdings (HSBA.L) raised its key profitability target and announced a fresh $2 billion share buyback on Tuesday, as rising central bank interest rates...
Europe’s biggest banks announced new share buybacks worth $5 billion this week as they continue to benefit from higher interest rates.
Spanish lender Banco Bilbao...
China named Pan Gongsheng as governor of the central bank, strengthening his position as head of the institution tasked with boosting the world’s second-largest...
Australia plans to reform its workplace-relations laws in a bid to remove structural impediments that stymie wage growth.
The reforms include closing a loophole that...
The Bank of Japan has said it would maintain its long-standing, ultra-loose monetary policy as it looks to boost economic growth.
The central bank has...
Vietnam’s central bank will implement a fourth round of monetary policy easing effective Monday to spur an economy that’s losing momentum amid slumping exports...
Disappointing economic data, widening yield differentials with the United States, upcoming corporate dividend payments and continued capital outflows through foreign selling of stocks and...
