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Bank Slide Deepens As SVB Contagion Fear Rattles Markets 0
- Uncategorized
- March 14, 2023
Asia’s share markets slid on Tuesday, with financial stocks in Tokyo leading losses as fear of a U.S. banking crisis had investors fleeing the sector and slashing the interest rate outlook even ahead of U.S. inflation data due later in the day. Japan’s Nikkei dropped 2%. The Tokyo Stock Exchange banks index fell more than
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Bangladesh’s Chicken Necks More Exposed Than Siliguri Corridor: Assam CM Sarma 0
- Assam, India, News
- May 26, 2025
Assam Chief Minister Himanta Biswa Sarma has issued a strong statement regarding India’s strategic region, the Siliguri Corridor, often called the ‘Chicken Neck’, which connects Northeast India to the mainland. Speaking on Sunday, Sarma pointed out that Bangladesh also has two critical narrow land corridors, which he claims are even more vulnerable than India’s. What
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Aviva Hits Seven-Month High On New Buyback, Raised Dividend Outlook 0
- Uncategorized
- March 9, 2023
The U.K. asset manager and insurer said it is confident of its ability to continue generating surplus cash and expects to pay out around £915M (£1 = $1.1848) this year and will aim for “low to mid-single-digit growth” in the dividend thereafter. “We are making excellent progress at Aviva,” chief executive Amanda Blanc said in
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Australia’s Ingo Care gets Higher $1.3 Billion Offer From TPG, Shares Jump 0
- Uncategorized
- May 15, 2023
Australia’s InvoCare Ltd shares jumped nearly 12% on Monday after it revealed a higher A$1.86 billion ($1.26 billion) offer from global private equity firm TPG had been tabled just weeks after it rejected a lower bid it said undervalued the funeral services provider. Shares of InvoCare rose to A$12.36 by 0424 GMT, outperforming the broader
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Australia’s Central Bank Revises Up Inflation Forecasts As Further Rate Hikes Flagged 0
- Uncategorized
- February 10, 2023
Australia’s central bank on Friday revised up its forecasts for core inflation and wages growth and warned of further increases in interest rates, raising the risk the economy could slip into recession. In a hawkish-sounding quarterly Statement on Monetary Policy, the Reserve Bank of Australia (RBA) said domestically-sourced cost pressures were still picking even if
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Australia wins U.S. Support For Critical Minerals Industry 0
- Uncategorized
- May 22, 2023
Australia has won the backing of the United States for development of its critical minerals industry after the two countries reached an agreement to coordinate polices and investment to support the industry’s growth. Australia supplies around half of the world’s lithium as well as other minerals like rare earths used in batteries for electric cars
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