Profits at Goldman Sachs, Morgan Stanley and a clutch of other western banks in China fell sharply last year, as Covid-19 lockdowns and geopolitical...
China’s biggest state-owned banks warned of a tough 2023 as uncertain economic conditions may squeeze earnings after most delivered better-than-estimated profit growth for last...
Markets are grappling with recession fears and the prospect of sticky inflation. Market veterans have been warning that stubbornly high inflation could trigger a...
