Tech, Media & Telecom Roundup: Market Talk
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10Jul 
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10Jul No Comments
No Comments RBA Loses Old Hands at Critical Juncture for Economy
SYDNEY—The departure of Luci Ellis as chief economist from the Reserve Bank of Australia is part of a recent exodus from the central bank that has stripped it of decades of experience and talent just as the economy approaches its most challenging moment in a generation. Ellis, who will take on the role of chief economist at Westpac in October, leaves after the exit of the equally talented former deputy governor, Guy Debelle, who left the RBA suddenly in early 2022 for a job in the green-energy sector. Other...
10Jul No Comments
No Comments China's Factory-Gate Price Index Tumbles Deeper Into Deflation
China’s factory-gate price index tumbled deeper into deflation in June, while the country’s consumer prices were flat on year, official data showed.
7Jul No Comments
No Comments Financial Services Roundup: Market Talk
Find insight on economic growth expectations, ASX, Pinnacle Investment Management and more in the latest Market Talks covering the Financial Services sector.
7Jul No Comments
No Comments Basic Materials Roundup: Market Talk
Ferrexpo, Smurfit Kappa and more in the latest Market Talks covering Basic Materials.
7Jul No Comments
No Comments Clariant Lowers 2023 Guidance on Disappointing Second Quarter
Clariant forecast underlying earnings of CHF650-CHF700 million this year, with an Ebitda margin of 14.3%-15.1%, and lower than previously estimated sales, as preliminary second-quarter results showed weaker demand due to macroeconomic challenges.
5Jul No Comments
No Comments Auto & Transport Roundup: Market Talk
Gain insight on Norfolk Southern, Alstom’s orders vs. expectations, Traton’s 2Q results, and more in the latest Market Talks covering the Auto and Transport sector.
5Jul No Comments
No Comments Singapore’s Central Bank Posts Record Annual Net Loss
Singapore’s central bank posted a record annual loss due to the currency-translation effects of a stronger Singapore dollar and high interest expenses from mopping up excess liquidity in the banking system. Net loss widened to 30.8 billion Singapore dollars (US$22.82 billion) for the year ended March from S$7.4 billion in the previous fiscal year, the Monetary Authority of Singapore said in its annual report Wednesday. About...
5Jul No Comments
No Comments Central Banks Right to Continue Tightening, Says Edmond de Rothschild
Central banks are right to keep raising interest rates to prevent inflation from reaccelerating, and this shouldn’t pose a major threat to the economy, Edmond de Rothschild Asset Management told Dow Jones Newswires.
4Jul No Comments
No Comments SoftBank's Son Envisions AI Eventually Being Used in Every Industry
SoftBank Group Chief Executive Masayoshi Son said artificial intelligence would be overwhelmingly smarter than the human brain and could eventually be used in any industry.