Most Major Gulf Markets Ease on Geopolitical Tensions

Oct 23 Reuters Most major stock markets in the Gulf eased in early trade on Wednesday amid rising geopolitical tensions in the region. Israel on Tuesday confirmed it had killed Hashem Safieddine, the heir apparent to late Hezbollah leader Hassan Nasrallah who was killed last month in an Israeli attack targeting the Iranbacked Lebanese militant group. Saudi […]
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Europes STOXX 600 Slips; Earnings Season in Full Swing

Deutsche Bank falls as loan loss provisions weigh Chemicals dragged down by Akzo Nobel Thule tops STOXX as Q3 beats estimates ECB starting to debate if rates have to go below neutral Oct 23 Reuters European shares edged lower in choppy trading on Wednesday, dragged by miners, while weak earnings from heavyweights such as Germany39;s […]
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Invest in Asia: China

China’s bond market is sized at 20 trillion USD — the second largest in the world, after the US. Thanks to both onshore and offshore segments, relatively low volatility, and influx of green bonds, the market looks especially attractive for foreign investors looking to buy Chinese credit. 
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Indias TVS Motor Misses Q2 Profit view on Higher Costs

Oct 23 Reuters Indian twowheeler maker TVS Motor Company reported a lowerthanexpected quarterly profit on Wednesday hurt by higher costs, even as demand was stable. 39;Jupiter39; scooter maker39;s profit rose 23.5 to 6.63 billion rupees 78.86 million in the quarter ended Sept. 30, which missed analysts39; estimate of 6.97 billion rupees, per data compiled by LSEG. […]
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Air Liquide Confirms FullYear Targets after inLine Quarter

Oct 23 Reuters French industrial gases supplier Air Liquide reported thirdquarter revenue in line with market expectations and confirmed its fullyear targets on Wednesday, benefiting from growth in its healthcare division, the Americas and Asia. Air Liquide reaffirmed its expectations of a further increase in its operating margin and a recurring net profit growth at constant […]
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Deutsche Bank Flags Credit Risks as Feturns to Profit in Q3

Reduces provisions for Postbank litigation Increases forecast for credit loss provisions Investment bank revenue up Cologne court rules against Deutsche on Postbank FRANKFURT, Oct 23 Reuters Deutsche Bank has raised its forecast for bad loans against the backdrop of a weak German economy, as the bank returned to profit in the third quarter, boosted by investment […]
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