Standard Chartered third-quarter profit jumps 40%, beats estimates
Standard Chartered posted a 40% increase in quarterly profit, as the emerging markets-focused bank benefited from a sharp rise in net interest income.
Universal Resort shuts in Beijing due to Covid measures
Amusement park Universal Resort said on Wednesday it had temporarily shut due to Covid-19 prevention measures in Beijing, as cases rise in the Chinese capital.
Chinese state banks sold dollars to support yuan late on Tuesday: Reuters, citing sources
Major Chinese state-owned banks sold U.S. dollars in both onshore and offshore markets in late trade on Tuesday, two sources told Reuters.
IEA says developing nations are the No. 1 casualty of the energy crisis
IEA Executive Director Fatih Birol warned emerging and developing countries are most vulnerable to soaring energy prices.
Hang Seng rebounds slightly as Asia markets rise; Australia inflation hits highest in 32 years
Shares in the Asia-Pacific rose Wednesday as sentiment overnight improved over the Fed potentially turning less aggressive.
Fund manager names 3 recession-proof stocks and reveals how to rescue your portfolio if underwater
When the S&P 500 is in a bear market and growth stocks are falling alongside bonds, what should investors do? Fund manager Brian Arcese shares his rescue plan.
Portfolio manager names 3 investing themes to back and what to buy in a choppy market
Markets are volatile and the direction of interest rates is uncertain. Portfolio manager John Petrides shares what his firm is buying against this backdrop.
‘Mr. Yen’ says the currency could plunge further — and 170 per dollar is ‘well on the scope’
The yen may weaken even further to 170 levels against the U.S. dollar next year, according to Japan’s former vice minister of finance for international affairs.
Dow jumps 200 points to rise for a fourth day as investors shake off disappointing tech earnings
Traders digested weaker-than-expected quarterly results from Google-parent Alphabet.
Investor Vinod Khosla says focusing on 2030 climate targets is the wrong approach
Billionaire investor Vinod Khosla says the really transformative climate technologies, like fusion and deep geothermal, will not be ready in time for 2030.
