Tag: fast
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Standard Chartered joins major banks in betting on December ECB rate hike
Oct 2 : Standard Chartered expects the European Central Bank to raise its deposit rate by 25 basis points to 2.75 per cent in December, reversing its previous call for a pause, after stronger-than-expected inflation and resilient economic activity reinforced the case for further tightening.The brokerage chang
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Oil price drops more than 2% on talks over diesel, crude stock releases
LONDON, Oct 2 : Oil prices fell more than 2 per cent and European gasoil futures dropped about 5 per cent on Friday after reports of talks on additional diesel and crude stock releases, easing concerns over tight global energy supplies.Brent fell $2.57, or 2.51 per cent, to $99.74 a barrel at 1035 GMT. West…
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HSBC hires Cantor’s Paras Jain to lead global TMT banking, sources say
NEW YORK, Oct 2 : HSBC is expanding its technology, media and telecommunications investment banking franchise with a senior hire, Paras Jain from Cantor Fitzgerald, according to people familiar with the matter.The London-headquartered bank has hired the seasoned investment banker as its global head of TMT, t
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Exclusive-Anthropic warns government attitudes may hurt customer ties, IPO prospectus shows
NEW YORK, Oct 2 : Anthropic warned that government attitudes toward the company and its technology could have broader implications for its business, including its relationships with commercial customers and partners, according to the IPO prospectus seen by Reuters.Companies routinely warn that policy changes
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Global equity funds draw inflows for second week as AI optimism holds
Oct 2 : Global equity funds attracted inflows for a second straight week, as optimism around AI investment and softer US inflation pushed up investor demand for stocks despite rising bond yields.Equity funds recorded net inflows of $34.76 billion in the week through September 30, down from $44.31 billion in t
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CNA clinches 4 gold, 4 silver at 2026 w3 Awards
The accolades were for CNA’s podcasts on a range of topics, and an interactive and video on its visual journalist’s journey to track down his father’s killer.
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Leclerc fastest in second practice in Sepang after Verstappen sets early pace
SEPANG, Malaysia, Oct 2 : Ferrari’s Charles Leclerc topped Friday’s second Formula One practice session for the Bahrain Grand Prix in Malaysia, while championship leader Kimi Antonelli struggled to find his rhythm at a dusty Sepang circuit.Leclerc lapped the 5.543-km circuit with a time of one minute, 37.528
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Hedge funds struggle for September gains as rate, AI swings bite
HONG KONG, Oct 2 : Global hedge funds struggled to deliver positive returns in September as surging bond yields, higher oil prices and sharp swings in AI shares whipsawed the markets, according to prime brokerage notes and investors.Global fundamental equity long-short funds on average lost 0.55 per cent last
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More than 16,000 seniors to benefit from new active ageing framework
The initiative will guide programmes across Methodist Welfare Services’ seven Active Ageing Centres, with a focus on keeping seniors socially connected.
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Hong Kong August retail sales rise 5.6%
HONG KONG, Oct 2 : Hong Kong’s August retail sales value jumped 5.6 per cent from a year earlier to HK$32.1 billion ($4.09 billion) for a 16th month of gains, government data showed on Friday.• In July, retail sales value rose 4.5 per cent on the year• Growth was seen across many types of retail…
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