Credit Suisse names new head of Swiss private banking
Credit Suisse (CSGN.S) on Tuesday said it was naming Roger Suter its new head of private banking in Switzerland, succeeding current manager Serge Fehr. “Credit
Category: Business
Equinor starts shutting Norwegian oilfields due to strike
Norway’s Equinor (EQNR.OL) has initiated a shutdown of the Gudrun, Oseberg South and Oseberg East fields in the North Sea as a result of a
Inflation vs recession
A look at the day ahead in markets from Dhara Ranasinghe. Yes, recession risk remains high on markets’ radar but no, there are yet few
Emerging Asian equities post biggest foreign outflows since March 2020
Emerging Asian equities ex-China recorded massive outflows in June, as risk assets took a hit due to heightened concerns over a potential recession, with major
Japan’s KDDI: Telecoms networks back up and running after failure
Japanese wireless carrier KDDI Corp said on Tuesday all telecommunications networks have returned to normal after a nationwide system failure. Telecommunication services for both corporate
Bank of Japan may adjust ultra-loose policy before Kuroda’s term ends, former central-bank executive says
The Bank of Japan may adjust its ultra-loose monetary policy before dovish Governor Haruhiko Kuroda’s term ends next April, if the economy strengthens enough to
Airline SAS furloughs all Norwegian cabin crew, union says
All SAS (SAS.ST) cabin crew in Norway are now on furlough , a union spokesperson told Reuters on Tuesday. The move comes after pilots at