SocGen profit tops forecast but France lags
France’s third-biggest listed bank joined European rivals in posting a higher than expected net income in the third quarter.
A showdown over climate reparations is brewing — and it will determine the success of the COP27 summit
Climate reparations — sometimes referred to as “loss and damage” payments — is a core issue likely to dominate proceedings at the COP27 summit.
Debt rules in Europe are changing. And that could have big repercussions in the bond markets
The need to correct fiscal stances becomes ever more relevant at a time of war in Europe, an energy crisis and severe cost-of-living pressures.
AirAsia X on strong footing, Capital A to benefit as economy tightens, CEO Tony Fernandes says
The positive outlook comes in spite of negative market reactions to Fernandes’ resignation as AirAsia X’s Group CEO this week.
The new European vacation? Travelers are returning for trips that are all about food and wine
Travelers who have “done” Paris, visited Tuscany and toured the U.K.’s picturesque Cotswolds region are returning to explore the food, rather than the sites.
JPMorgan’s blockchain unit CEO says consumer protection needs to be a priority in digital asset projects
“What a bank needs to do from a regulatory point of view and customer’s point of view is that we need to protect our customers,” said Onyx CEO Umar Farooq.
OCBC profit jumps 31%, rounding up record quarter for Singapore banks
But analysts say growth could be derailed by a big increase in U.S. interest rates — already at multi-year highs — as central banks try and tackle runaway inflation.
Australia central bank cuts growth outlook, rates need to rise to cool red-hot inflation
Australia’s central bank on Friday downgraded the outlook for economic growth, warning that more rate hikes will be necessary to bring down sky-high inflation.
Taiwan, U.S. to hold in person trade talks next week
Taiwan and the United States will hold in-person trade talks next week in New York under a new joint initiative, the U.S. and Taiwanese governments said.
Barclays cuts China GDP outlook after forecasting U.S., Europe recession
Barclays cut its forecast for China’s economic growth next year to 3.8%, based partly on expectations of a drop in global demand for Chinese goods.
