Aaron P | Bauer-Griffin | GC Images | Getty Images HSBC on Tuesday named veteran insider Pam Kaur as its first female finance chief and announced a consolidation of the bank into four business units. Kaur is set to assume her post on Jan. 1, according to regulatory filings with the Hong Kong bourse, taking over from interim … Read more
Bank of England in the City of London on 8th October 2024 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images LONDON — The U.K. is likely to see interest rates drop at a faster pace than previously expected, according to economists who flagged key data releases that indicated inflationary pressures are … Read more
Inside one of Equinix’s internal operations at Equinix Data Center in Ashburn, Virginia, on May 9, 2024. Amanda Andrade-Rhoades | The Washington Post | Getty Images Measures aimed at curbing U.S. investments into China in sensitive technologies are in the final stage of review, a U.S. government update showed. Under this set of rules, the … Read more
Rosé of K-pop girl group BLACKPINK smiles during an event to promote her film ‘Born Pink’, marking the group’s eighth anniversary, in Seoul on August 9, 2024. Anthony Wallace | Afp | Getty Images Shares of South Korean media company YG Plus soared to a seven month high after the release of a collaboration track … Read more
BBC Laila Soueif has not eaten for more than three weeks and is past the stage of feeling hungry. In London to campaign for the release of her British-Egyptian son, Alaa Abdel Fattah, the 68-year-old maths professor insists – stoically – that she’s “not feeling bad at all”. She went on hunger strike the day … Read more
An Aboriginal protester has been arrested at the Sydney Opera House as crowds await a glimpse of the King and Queen on the final day of their tour in Australia. Throngs of people have packed the harbourside forecourt, where the royal couple are due to visit on Tuesday afternoon. Wayne Wharton, a prominent Indigenous activist … Read more
Close up stack of gold bars, financial wealth concepts and business Vector Photo Gallery | Istock | Getty Images Gold is in a “new bullish phase” after prices notched another record high, said asset management firm Sprott Asset Management, echoing other analysts who have predicted that the bullion will continue to scale new heights. “Gold … Read more
A person rides a bicycle with a child sitting in the basket in Beijing, China July 14, 2024. Tingshu Wang | Reuters The jobless rate for 16-to-24-year olds in China, excluding students, fell to 17.6% in September from 18.8% a month prior, official data showed on Tuesday, offering officials relief after youth unemployment hit fresh highs for two … Read more
Vice President and Democratic presidential candidate Kamala Harris (L) holds a moderated conversation with Former US Rep. Liz Cheney, Republican of Wyoming, at People’s Light performing arts theater Malvern, Pennsylvania, on October 21, 2024. Brendan Smialowski | Afp | Getty Images Vice President Kamala Harris and Republican former Rep. Liz Cheney participated in a series … Read more
Scotiabank has highlighted three biotechnology companies as its “top picks,” each with the potential to more than double in stock price over the next 12 months. The bank’s optimism for these companies and the broader biotechnology sector is partly based on anticipated changes in the macroeconomic environment. Greg Harrison, equity analyst at Scotiabank, said “macro … Read more