September 2024 – Page 13

GBP Gains ahead of UK Inflation Data, BoE Meeting this Week

September 17, 2024
Finance
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LONDON, Sept 16 Reuters The British pound rose against the dollar on Monday, after closing slightly in negative territory last week, ahead of this week39;s UK inflation data and central bank meeting. Sterling rose by 0.5 on the day to 1.3190, above the 1.3125 it recorded at Friday39;s close. Sterling is holding up quite well, […]

September 16, 2024
Business
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LONDON, Sept 16 Reuters The London Metal Exchange LME has appointed former Credit Suisse banker Robert Arbuthnott as group chief financial and administrative officer, it said on Monday. Arbuthnott served as head of group finance and chief accountant for the Credit Suisse Group for seven years and before that was the CFO of the UK […]

September 16, 2024
Business
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PwC backs China territory arm with 39;tangible investments39; New territory head Hemione Hudson works on remedial plan PwC work for Evergrande in Hong Kong under investigation HONG KONG, Sept 16 Reuters PwC is making tangible investments to ensure the Big Four firm has high quality and sustainable business in China, it said in a memo […]

September 16, 2024
Business
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Britain39;s financial watchdog examining pure protection insurance Shares fell 2.8 as SunLife news overshadowed strong results Phoenix39;s H1 cash generation and profit surpassed expectations Sept 16 Reuters British insurer Phoenix Group has stopped the sale process of its SunLife business, it said on Monday, citing regulatory scrutiny into what is known as the pure protection insurance […]

September 16, 2024
Finance
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First Solar is poised to reap the benefits of the IRA and trade barriers aimed at Chinese rivals. Though it holds under 3% share of the global market, 2024 Ebitda may exceed $2 billion — outstripping the total for the three largest solar-module makers.

September 16, 2024
Uncategorized
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JERUSALEM, Reuters Israel39;s inflation rate surged in August to its highest rate in nearly a year, data from the Central Bureau of Statistics showed on Sunday, reducing the likelihood of more interest rate cuts anytime soon. The annual inflation rate rose to 3.6 last month from 3.2 in July, its highest level since last October. […]

September 16, 2024
Uncategorized
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Only two cities recorded monthly, annual gains in home prices Property investment, sales fell in JanAug Mortgage rate cuts are expected BEIJING, Reuters China39;s new home prices fell at the fastest pace in more than nine years in August, official data showed on Saturday, as supportive measures failed to spur a meaningful recovery in the property […]

September 16, 2024
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Rates seen unchanged by all 32 economists polled Inflation still above central bank39;s 2 39;warning39; line Rate decision on Thursday after 400 p.m. 0800 GMT TAIPEI, Sept 16 Reuters Taiwan39;s central bank is expected to keep its policy interest rate unchanged this week and to stay the course until late next year as it deals […]

September 16, 2024
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BANGKOK, Sept 16 Reuters Thailand39;s baht is too strong and is affecting exports, which are expected to post only small growth this year, and the central bank should take action on the currency, the commerce minister said on Monday. The Bank of Thailand BOT should also cut interest rates to increase liquidity, Pichai Naripthaphan said, […]

September 16, 2024
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Just over half of those voting support ban in district Budapest among Europe39;s top shortterm destinations Decision could have wider ramifications for market BUDAPEST, Sept 16 Reuters Residents of Budapest39;s sixth district have narrowly voted to ban shortterm rentals from 2026 in a decision which could have wider ramifications for the housing market in one […]

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GBP Gains ahead of UK Inflation Data, BoE Meeting this Week

LME Appoints Former Banker as Chief Financial and Administrative Officer

PwC Invests in High Quality Business in China after Record Fine, Internal Memo

UK Insurer Phoenix Halts SunLife Sale on Regulatory Uncertainty

First Solar may grab lion’s share of profit

Israel CPI Jumps to 10Month High of 3.6 in August

China new Home Prices Fall at Fastest Pace in over 9Y in Aug

Taiwan Set to Hold Rates Steady on Inflation Worries Poll

Thai Baht is too Strong and Impacting Exports, Minister Says

Budapest District Narrowly Votes to Ban ShortTerm Rentals from 2026

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