Standard Chartered exploring alternatives for aviation unit
11th Jan 2023 08:37
(Sharecast News) - Standard Chartered said on Wednesday that it plans to explore alternatives for the future ownership of its aviation finance business.
Read moreStanChart is 'cheap' but rationale for takeover challenged by scant synergies, Barclays says
9th Jan 2023 15:54
(Sharecast News) - Shares of StanChart were indeed "cheap", demonstrating the "attractive" value on offer in European lenders, analysts at Barclays judged.
Read moreFirst Abu Dhabi no longer considering offer for Standard Chartered
5th Jan 2023 13:54
(Sharecast News) - First Abu Dhabi Bank said on Thursday that it was no longer interested in buying Standard Chartered.
Read moreChina set to ease Covid-19 restrictions
1st Dec 2022 13:25
(Sharecast News) - Officials in Beijing were set to ease their quarantine controls for Covid-19 over the next few days.
Read moreSector movers: Financials and Oil pace gains, China in the spotlight
29th Nov 2022 21:30
(Sharecast News) - Financials and Miners paced gains in the stock market on Tuesday following news that authorities in China wanted to strengthen vaccination rates among those over 80.
Read moreStandard Chartered starts search to replace veteran CFO Halford - report
24th Nov 2022 15:16
(Sharecast News) - Standard Chartered has reportedly kicked off the search for a successor to its veteran finance chief.
Read morePershing Square takes out bet against Hong Kong dollar
24th Nov 2022 07:09
(Sharecast News) - US hedge fund Pershing Square Capital Management took out a bet on the Hong Kong dollar, arguing that its peg to the Greenback had outlived its usefulness.
Read moreChinese State Council urges lenders to make use of reductions in reserve ratios
24th Nov 2022 06:58
(Sharecast News) - Beijing instructed lenders to increase their financial support in order to stabilise the economy and consolidate the foundations for future growth.
Read moreChinese bank lending brakes sharply in October, Beijing reaffirms zero-Covid
10th Nov 2022 12:09
(Sharecast News) - Bank lending in the People's Republic of China plumbed its lowest level in five years last month amid ongoing Covid-19 restrictions and a slump in mortgage demand.
Read moreChina approves BioNTech Covid vaccine for use among expatriates
4th Nov 2022 10:41
(Sharecast News) - China approved BioNTech SE's mRNA Covid-19 vaccine for use among the expatriate population in the People's Republic of China.
Read moreSector movers: Miners pace gains
2nd Nov 2022 06:51
(Sharecast News) - Miners paced gains on Tuesday following reports overnight citing posts on Chinese social media that Beijing had created a committee to make preparations for the easing of Covid-19 restrictions in the Asian giant.
Read moreFTSE 100 movers: StanChart hit after Q3 results, miners gain on softer dollar
26th Oct 2022 13:51
(Sharecast News) - Emerging markets focused StanChart had fallen to the bottom of the pile in late trading on Thursday following the release of its third quarter financials.
Read moreStandard Chartered lifts FY outlook as earnings beat estimates
26th Oct 2022 07:35
(Sharecast News) - Emerging market-focused bank Standard Chartered on Wednesday posted an estimate-beating 40% increase in third-quarter profit and lifted its annual outlook.
Read moreHunt mulling windfall tax for banks - report
19th Oct 2022 07:11
(Sharecast News) - New chancellor Jeremy Hunt is considering upping the amount of tax paid by banks as he looks to plug funding gaps, it was reported on Wednesday.
Read moreChina PMIs point to continued slowdown in August amid dearer energy, Covid restrictions
31st Aug 2022 07:39
(Sharecast News) - Economic activity in Asia's largest economy continued to slow in August, amid higher energy costs and Covid-19 restrictions, the results of two closely followed surveys revealed.
Read more