The recent quarterly reports of major Chinese companies have highlighted the need for stock pickers in the local market. According to Lorraine Tan, director of Asia equity research at Morningstar, the outperformance seen in certain companies is not a broad trend. Instead, it is specific to those companies with a more resilient product mix or
World
Recently, the Islamic State group claimed responsibility for a knife attack in the German city of Solingen that resulted in the tragic deaths of three individuals and the injury of eight others. The group described the attacker as a “soldier of the Islamic State” and stated that the attack was carried out in revenge for
Bank of England Governor Andrew Bailey is set to address the progress made in dampening inflation in the U.K. during a speech at the U.S. Federal Reserve’s central bank symposium. Despite a decrease in headline inflation, Bailey will emphasize the need for continued restrictive monetary policy due to shocks from the labor market. The recent
Deutsche Bank has managed to reach agreements with nearly 60% of the plaintiffs involved in a case that has been ongoing for more than a decade. The case revolves around allegations that the German lender underpaid for its acquisition of Postbank. This settlement involves more than 80 plaintiffs agreeing to a settlement of 31 euros