Exclusive: BOJ may replace some ETF guidelines with pledge to step in during crisis...
The Bank of Japan may replace some numerical guidelines for its purchases of exchange-traded funds (ETF) with a pledge to ramp up buying when markets become volatile, three sources...
Global companies raise massive cash through convertible bonds at start of 2021
Global companies are raising vast amounts of money through convertible bonds this year, as soaring stock markets lift demand for these bonds which give investors the option to change...
COVID recovery trade buoys shares, ignites commodities
Stocks in Europe flirted with one-year highs on Tuesday, buoyed by hopes that rollout of the COVID-19 vaccine and a huge U.S. stimulus package will translate into a durable...
Mining stocks power gains in Europe on recovery optimism
European shares scaled one-year highs on Monday and mining stocks tracked a jump in copper prices as bets of more U.S. stimulus fuelled optimism around a faster global economic...
‘Ok to feel overwhelmed’: banks tackle burnout inflamed by virus
From a burned-out bank boss to call centre workers isolated at home, the financial sector is suffering a surge in mental health issues exacerbated by the COVID-19 pandemic.
Wall St. set to open near record highs on stimulus hopes
Wall Street’s main indexes were set to rise on Thursday as investors bet on more fiscal stimulus to ride out a coronavirus-driven recession with data showing a nascent recovery...
LVMH, Rihanna to pause Fenty fashion venture, focus on lingerie, cosmetics
Louis Vuitton owner LVMH and music star Rihanna have agreed to suspend her fashion line Fenty less than two years after its launch, the French luxury goods giant said...
Tesla electrifies bitcoin with $1.5 billion bet, car payments pledge
Tesla Inc said on Monday it had invested around $1.5 billion in bitcoin and expected to begin accepting payment for its cars and other products with it in the...
World shares near record levels as vaccines fuel normalisation hopes
Global shares traded near record highs on Friday, with Asian stocks taking their lead from Wall Street, as progress in vaccine distribution prompted bets on further normalisation in the...
Investment banking boom lands Deutsche Bank first profit since 2014
Deutsche Bank eked out a small annual profit in 2020, its first since 2014, saying on Thursday it had made strong gains at its investment banking division.
