SUBSCRIBERS
Deutsche Bank problems eat away at STI's gains
Published Fri, Sep 30, 2016 · 09:50 PM
EIGHT years after the US sub-prime debacle, its effects are still being felt, this time in the form of worries that Germany's Deutsche Bank could, because of its role in selling junk mortgages that led to the 2008s crisis, go belly-up and trigger a repeat meltdown of the financial system.
On Friday, news that hedge funds have reduced their exposure to Deutsche Bank brought pressure to bear on al…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
BOJ will hike rates if trend inflation accelerates, says Ueda
Malaysia to build region’s largest chip design park in bid for top startup-hub status
British retailer JD Sports to buy US rival Hibbett for US$1.08 billion
Japan’s 7-Eleven convenience chain targets aggressive global growth
Renault Q1 sales rise 1.8%, helped by financing business
UBS lifts Chinese stocks to overweight in rare upgrade call