State Street's SSGA set to lose $14 billion Hong Kong ETF mandate -sources

Hong Kong Monetary Authority (HKMA) has decided to replace State Street Corp unit State Street Global Advisors (SSGA) as manager of the HK$111 billion ($14.2 billion) Tracker Fund of Hong Kong (TraHK), two sources told Reuters.

newspaper

21-03-2022

Kohl's says board reviewing multiple buyout offers

(Reuters) -U.S. department store Kohl's Corp said on Monday it was reviewing multiple preliminary offers to acquire the company as part of an ongoing review of the sale of its business.

newspaper

21-03-2022

Dollar pauses, yen near six-year lows as Ukraine crisis weighs

LONDON (Reuters) -The dollar was steady versus major currencies on Monday, with investors awaiting remarks from U.S. Federal Reserve chair Jerome Powell later in the day and from other central bank policymakers this week for monetary policy clues.

newspaper

21-03-2022

Expect ECB, Fed to be out of sync: ECB's Lagarde

The world's two top central banks will move out of sync in the foreseeable future, as the war in Ukraine has vastly different effects on their economies, European Central Bank President Christine Lagarde said on Monday.

newspaper

21-03-2022

Dollar dips, yen near six-year lows as Ukraine crisis weighs

The dollar edged lower versus major currencies on Monday, with investors awaiting remarks from U.S. Federal Reserve chair Jerome Powell later in the day and from other central bank policymakers this week for monetary policy clues.

newspaper

21-03-2022

LSE owner sells wealth technology platform for $1 billion - Sky News

The London Stock Exchange Group entered into a $1 billion deal to sell a wealth technology platform to a consortium of investors, Sky News reported on Monday.

newspaper

21-03-2022

Russian car maker Avtovaz partially halts production over shortages

Top Russian carmaker Avtovaz said on Monday it was partially halting production at its plants in Togliatti and Izhevsk on March 21-25 due because of to shortages of electronic parts.

newspaper

21-03-2022

Yen starts week on back foot, with central bank policies in focus

The yen extended its decline on Monday and the euro and sterling came under pressure, with investors awaiting Federal Reserve chair Jerome Powell's remarks later in the day and other central bank policymakers this week for monetary policy clues.

newspaper

21-03-2022

Australia to make Big Tech hand over misinformation data

Australia's media regulator will be able to force internet companies to provide internal data about how they have handled misinformation and disinformation, the latest measure by the country's government to crack down on Big Tech.

newspaper

21-03-2022