Hong Kong CNN – China Renaissance, a top dealmaker in the country’s tech industry, said it has suspended the sale of its shares and delayed the release of annual results because it has yet to contact its founder. Bao Fan, 52, started Boutique Investment Bank in 2005 and has not been reached since the middle […]
Hong Kong CNN – HSBC’s top brass defended Monday frustrated shareholders in the lender’s biggest market, as Europe’s biggest bank continued to face calls to break up. In an informal shareholder meeting in Hong Kong, Chairman Mark Tucker and CEO Noel Quinn from investors on issues from how the bank came is asking for an […]
New York CNN – Opec and its allies’ surprise at this move to slash oil production will soon be felt at US Gas Pumps. The group known as Opec+ announced on Sunday it will cut oil production by more than 1.6 million barrels a day starting in May, running through the end of the year. […]
London CNN – The British pound crashed in a recording below Last fall as investors rebelled against budget plans by former prime minister Liz Truss. Now, it is enjoying a comeback. Sterling hit its highest level against the US Dollar in 10 months on Tuesday, topping 323. The UK currency was boosted by indicators of […]
