April 2024 – Page 14 – UAG Trade Asia

UBS Flags Serious Concern about new Swiss Capital Requirements

April 24, 2024
Business
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UBS voices concern over capital requirements Additional capital is wrong remedy, chairman says Shares down 2 Merger of Swiss entities seen in Q3, painful decisions aheadCEO Some shareholders raise objections to CEO pay BASEL, Switzerland, April 24 Reuters UBS executives on Wednesday told shareholders that the bank has major concerns about the Swiss government39;s recently announced […]

April 24, 2024
Finance
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The intricacies of ever-evolving sanctions require firms to routinely perform a risk-based sanctions exposure assessment and ensure they have a reliable sanctions screening system in place.

April 24, 2024
Uncategorized
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LONDON, April 24 Reuters British employers reached slightly lower pay settlements with staff in the three months to the end of March, although early figures for April suggest they picked up again, an industry survey showed on Wednesday. Median basic pay settlements in the first quarter of 2024 were 4.8 higher than a year earlier, […]

April 24, 2024
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BEIJING, April 24 Reuters By most measures, the last thing China needs is more electric cars crowding a market with more losers than winners, driving down prices at the expense of profit and taking the fight for market share beyond China. And that39;s just what it is getting. Automakers are expected to launch 110 EVs […]

April 24, 2024
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JAKARTA, April 24 Reuters Indonesia39;s central bank delivered a surprise rate hike on Wednesday, stepping up efforts to support the rupiah currency against selling linked to global risk aversion and a delay in the expected timing of any U.S. policy easing. Bank Indonesia BI raised the 7day reverse repurchase rate by 25 basis points to 6.25, […]

April 24, 2024
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ROME, April 24 Reuters Morale amongst Italian businesses and consumers fell in April, data showed on Wednesday, casting a shadow over growth prospects in the euro zone39;s second largest economy going into the second quarter of the year. National statistics institute ISTAT39;s manufacturing confidence index declined to 87.6 in April from 88.4 the month before, […]

April 24, 2024
Uncategorized
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BERLIN, April 24 Reuters German business morale improved more than expected in April, a survey showed on Wednesday. The Ifo institute said its business climate index rose to 89.4 compared with a reading of 88.8 forecast by analysts in a Reuters poll. In March, the reading was revised slightly to 87.9. The third rise in […]

April 24, 2024
Finance
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LONDON, April 24 Reuters The pound eased on Wednesday, surrendering some gains from its biggest oneday rally in four months the previous day, after a softer reading of monthly U.S. business activity battered the dollar. Sterling was down 0.1 at 1.2435, having risen 0.8 on Tuesday, the most in one day since midDecember. The euro […]

April 24, 2024
Finance
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April 24 Reuters The yen fell on Wednesday to its weakest levels against the dollar since 1990, with markets alert to any signs of intervention from the Japanese authorities to prop up their currency. The dollar reached as high as 155.17 yen, its strongest since 1990, before falling back in choppy trading, a sign of […]

April 24, 2024
Finance
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Previous Trading Days Events 23.04.2024 Winners vs Losers AUDJPY is on the top of the weekly list of gainers with 1.57 gains. Silver regained some of the performance yesterday reaching 9.04 again for this month and leading. News Reports Monitor Previous Trading Day 23.04.2024 Server Time Timezone EEST UTC 0300 Midnight Night Session Asian No […]

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UBS Flags Serious Concern about new Swiss Capital Requirements

Sanctions show no signs of abating, creating compliance pressure

UK Pay Settlements Edge Lower in Q1, Industry Survey Shows

Chinas EV Survival Game Creates Peril and Power

Indonesias CB Delivers Surprise Rate Rise to Support Rupiah

Italy Business and Consumer Morale Fall in April

German Business Sentiment Rises more than Expected in April, Ifo Finds

Sterling Dips as Investors Book Profits on Scorching Rally

Japans Yen Hits 155 per Dollar, Weakest since 1990

Services PMIs Lead Growth in Major Regions, Gold Low

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