Companies & Markets
Europe’s STOXX 600 hits record high on earnings boost; ECB in focus
Pan-European index is at 626.36 by 0945 GMT, with all major regional benchmarks in the black
Japan’s US$550 billion investment in US seen widening gains on hedged JGBs
Yields on hedged Japanese government bonds may increase on rising costs for US dollar funding
Yangzijiang Maritime to hold EGM on Mar 6 on proposed share buyback
If approved by shareholders, the company can acquire up to 10% of its total issued shares
US homebuilder sentiment dips to five-month low on affordability
Mortgage rates are near the lowest in more than a year, but still double the level that prevailed throughout much of 2021
STRAIGHT TO YOUR INBOX
Start and end each day with the latest news stories and analyses.
Carrefour CEO eyes higher profits under core markets refocus
Retailer aims for 3.2% operating margin by 2028 and 3.5% by 2030
JPMorgan aims to open over 160 branches in 2026: report
The lender says that the push is part of a commitment in 2024 to open more than 500 branches within three years
ECB President Christine Lagarde expected to leave bank before term expires next year: report
The FT report comes only a week after Bank of France governor Francois Villeroy de Galhau said that he would step down in June this year
Billionaire Henry Cheng’s units agree settlement with Hong Kong regulator
The SFC says that the settlement is in the public interest and underscored the need to comply with takeover rules
Nvidia sells off stake in Arm, a company it once tried to buy
The world’s most valuable company has become a major investor across the technology industry
Santos to cut 10% jobs as growth projects near end, annual profit misses estimates
The gas producer did not provide any further details on the cuts
