Morgan Stanley a step closer to setting up futures company in China SHANGHAI/SINGAPORE: Morgan Stanley said on Thursday it looks forward to setting up a futures company in China after... Published 06 Apr, 2023 10:25am
Markets UK extends trading plan to sell NatWest stake by two years LONDON: The British government is extending a trading plan to help sell down the taxpayer’s stake in NatWest Group... Published 03 Apr, 2023 01:40pm
Markets Indian shares open higher as SVB acquisition hopes aid sentiment BENGALURU: Indian shares opened higher on Monday after reports of advanced talks for the acquisition of collapsed... Published 27 Mar, 2023 10:01am
Markets European stocks log steepest one-day fall this year PARIS: European stocks logged their steepest one-day fall this year on Monday on continued drag from banking stocks... Published 14 Mar, 2023 03:18am
Markets Morgan Stanley lifts Ghana Eurobond ‘recovery’ value to $46 from $41 JOHANNESBURG: Investment bank Morgan Stanley has lifted the average “recovery value” for Ghana’s defaulted... Published 17 Feb, 2023 03:21pm
Business & Finance JPMorgan to hire more than 500 small-business bankers over 2 years MIAMI: JPMorgan Chase & Co, the largest US lender, plans to hire more than 500 bankers catering to small... Published 13 Feb, 2023 05:57am
Business & Finance Morgan Stanley wins nod to fully own Chinese fund venture BEIJING: Morgan Stanley said on Friday its asset management unit has received Chinese regulatory approval to take... Published 03 Feb, 2023 09:11pm
Markets Morgan Stanley hit bankers with up to $1mn in penalties for messaging breaches Morgan Stanley has hit financial penalties on employees using messaging platforms such as WhatsApp and others for... Published 26 Jan, 2023 11:38am
Markets Dow falls on Goldman results, Tesla limits S&P 500 losses NEW YORK: The Dow fell on Tuesday as Goldman Sachs weighed the most on the index after missing quarterly profit... Published 18 Jan, 2023 06:22am
Business & Finance Morgan Stanley profit beats on strength in trading business Morgan Stanley reported a smaller-than-expected 41% drop in fourth-quarter profit on Tuesday as the bank’s trading... Published 17 Jan, 2023 06:12pm
Business & Finance Morgan Stanley cuts year-end dollar forecast Morgan Stanley cut its 2023 year-end forecast for the dollar index to 98, and expects the greenback’s weakness to be... Published 16 Jan, 2023 06:38pm
Business & Finance UBS has no desire to buy Credit Suisse, chairman tells newspaper ZURICH: UBS has no interest in buying fellow Swiss lender Credit Suisse, the bank’s Chairman Colm Kelleher said in a... Published 14 Jan, 2023 10:38am
Opinion Investors snap up record $39bn emerging market sovereign bond splurge Developing countries have sold a huge $39 billion of international bonds since the start of the year, with investors... Published 14 Jan, 2023 06:22am
Markets US banks get ready for shrinking profits and recession NEW YORK: US banking giants are forecast to report lower fourth quarter profits this week as lenders stockpile... Published 10 Jan, 2023 12:01pm
Business & Finance Investment banks ramp up peak rates forecasts after hawkish ECB LONDON: A flurry of investment banks raised their forecasts for where euro zone interest rates will peak, after the... Published 19 Dec, 2022 07:27am
Markets Morgan Stanley to slash 2022 banker bonuses in Asia by up to half SYDNEY/HONG KONG: Morgan Stanley plans to slash investment bankers’ annual bonuses by as much as 50% in Asia, said... Published 12 Dec, 2022 01:03pm
Markets Wall St extends losses as recession worries mount NEW YORK: US stock indexes fell in choppy trading on Wednesday as investors assessed the warnings of a looming... Published 08 Dec, 2022 05:58am
Markets IPO market nearly paused, but exchange leaders expect 2023 boost NEW YORK: A global slowdown in initial public offerings due to heightened market volatility and a regulatory cloud... Published 05 Dec, 2022 07:36am
Markets Sensex may hit 80,000 if India included in global bond indexes: Morgan Stanley BENGALURU: India’s Sensex stock index may hit 80,000 by the end of next year if the country is included in global... Published 28 Nov, 2022 07:41pm
Business & Finance Top bankers give mixed views on global risks at summit HONG KONG: There are growing signs inflation could be brought under control, top bankers said at a summit in Hong... Published 03 Nov, 2022 05:50am
Business & Finance Morgan Stanley profit falls as deals drought extends Morgan Stanley on Friday reported a drop in third-quarter profit, as a slowdown in global dealmaking hurt the... Published 14 Oct, 2022 05:20pm
Markets India bond yields dip on US Treasury moves, index inclusion bets MUMBAI: Indian government bond yields were trading lower on Monday, tracking a similar move in US Treasury yields,... Published 05 Sep, 2022 11:18am
Markets Wall St gains on hopes of smaller rate hikes as economy shrinks again Wall Street's major indexes reversed course to gain in early afternoon trading on Thursday, as a contraction in the... Published 28 Jul, 2022 11:22pm
Markets Morgan Stanley trims India’s GDP forecast to 7.2% BENGALURU: Morgan Stanley cut its forecast for India’s annual growth to 7.2% for this year, as tighter financial... Published 18 Jul, 2022 01:07pm
Markets Asian stocks mixed HONG KONG: Stocks were mixed in Asia on Friday as soaring inflation and a series of interest rate hikes around the... Published 18 Jul, 2022 06:22am
Business & Finance Morgan Stanley profit slumps 30pc NEW YORK: Morgan Stanley’s profit slumped 30% on Thursday, falling short of analysts’ estimates for the first... Published 15 Jul, 2022 07:29am
Markets Wall Street skids as bank earnings disappoint NEW YORK: US stock indexes tumbled on Thursday after weaker-than-expected earnings from big US banks JPMorgan Chase... Published 15 Jul, 2022 06:20am
Opinion Bruised investors seek shelter in US healthcare stocks Shares of US healthcare companies are gaining favor as investors bank on their ability to weather rocky economic... Published 14 Jul, 2022 05:00am
Markets Wall Street wavers as hot CPI data stokes rate hike jitters NEW YORK: Wall Street stocks fluctuated on Wednesday as investors digested surprisingly strong U.S. inflation data,... Published 13 Jul, 2022 11:57pm
Business & Finance Morgan Stanley sees stronger yuan LONDON: Morgan Stanley sees a tactical opportunity for investors to position for a stronger Chinese yuan in the next... Published 21 Jun, 2022 05:51am