Breadcrumb Trail Links PMN Business Lending margins will be in focus next week when Asia’s largest banks report earnings, as peaking interest rates chip away at margins. Chinese lenders are also grappling with soured loans from the troubled real estate sector. Author of the article: Bloomberg News Harshita Swaminathan, Rachel Yeo, Justina T. Lee and […]

Breadcrumb Trail Links PMN Business The US just took the first steps in pulling back on a four-year-old sanction policy that had strangled oil exports out of Venezuela, home to world-class crude reserves. The major reversal signals that the Latin American country’s industry is on the brink of being able to pump 200,000 more barrels […]

Breadcrumb Trail Links News Banking The federal government is putting Canada’s banks back under an independent dispute resolution body two of them left years ago in disputes over compensation Get the latest from Barbara Shecter straight to your inbox Sign Up Published Oct 17, 2023  •  3 minute read OBSI Chair Maureen Jensen: “We are […]

Breadcrumb Trail Links PMN Business Institutional Shareholder Services Inc., an international proxy advisory firm, has recommended that shareholders vote against the proposal to appoint billionaire Mukesh Ambani’s youngest son, Anant Ambani, on the board of the family-controlled Reliance Industries Ltd., underscoring concerns around succession planning at India’s largest company by market value. Author of the […]

Breadcrumb Trail Links PMN Business After Covid and geopolitical shocks, financial professionals are figuring out ways to reduce exposure to the stormy US-China relationship, survey shows Author of the article: Bloomberg News Brendan Murray Published Oct 15, 2023  •  4 minute read Workers on shipping containers at a depot in the Bang Na district of […]

Breadcrumb Trail Links PMN Business The president wants to turn the region into a stronger economic powerhouse. Author of the article: Bloomberg News Bloomberg News Published Oct 14, 2023  •  7 minute read Tesla Gigafactory was expected to be one of many large, foreign companies to open facilities in the region. Few have followed. Photographer: Qilai […]

This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published Oct 13, 2023  •  4 minute read Article content TORONTO, Oct. […]

Article content (Bloomberg) — Oil headed for a modest weekly gain as fears the Israel-Hamas conflict could destabilize the Middle East and crimp global supply were offset by signs of flagging demand. West Texas Intermediate rose above $83 a barrel on Friday and is up around 1% of the week. Most of the surge on […]

Article content Responds to growing demand from the medical device and semiconductor markets OSAKA, Japan — Gunze Limited (Headquarters: Osaka, Japan, President: Toshiyasu Saguchi) [TOKYO: 3002] is pleased to announce that Gunze has decided to invest in the expansion of its Konan plant with a target completion date of March 2025 to support the growth […]

Article content (Bloomberg) — Oil was steady in Asia — while still holding onto most of Monday’s surge — as the Israel-Hamas war remained contained and Saudi Arabia pledged to help ensure market stability. West Texas Intermediate traded near $86 a barrel after a war-risk premium returned to the market on Monday following Hamas’ surprise […]