PBoC announces half point cut to RRR for all lenders
6th Dec 2021 09:48
(Sharecast News) - The People's Bank of China said that it will lower its reserve requirement ratio for all lenders, as hinted to by Chinese premier Li Keqiang and the country's Politburo.
Read moreSunday newspaper round-up: Food prices, Asos, Labour Squeeze
21st Nov 2021 19:42
(Sharecast News) - Soaring fertiliser costs on the back of the gas crisis will prolong high food prices globally, which are already at their loftiest in half a century, until 2023. Economists at BCA Research forecast that global food prices will continue to increase during the following year and remain high into 2023. Furthermore, supply chain analysts say that supermarkets cannot insulate buyers the rising cost pressures indefinitely. - Sunday Telegraph
Read moreShoreCap stays at 'buy' on StanChart, says shares most undervalued in UK peer group
2nd Nov 2021 14:08
(Sharecast News) - Analysts at ShoreCap reiterated their 'buy' recommendation for shares of StanChart, telling clients that it remained the most undervalued lender in its UK banking universe.
Read moreStandard Chartered Q3 profit rises as bad debts drop
2nd Nov 2021 07:04
(Sharecast News) - Standard Chartered's underlying profit rose 44% in the third quarter as the emerging markets-focused bank's income rose and bad debts fell sharply.
Read moreStanChart among possible bidders for Citi's consumer banking assets in Taiwan
20th Oct 2021 13:55
(Sharecast News) - StanChart is among the lenders planning to table bids for Citigroup's Taiwanese consumer banking assets.
Read moreLondon open: Stocks rise as markets mull weak data, rate hike expectations
17th Sep 2021 09:40
(Sharecast News) - Stocks are holding onto early gains despite the release of data showing a fourth consecutive monthly drop in UK retail sales - their worst stretch since 1996 - which led some economists to question just how soon the Bank of England might be ready to raise interest rates.
Read moreBerenberg says StanChart 'undervalued'
7th Sep 2021 10:52
(Sharecast News) - Analysts at Berenberg reiterated their 'buy' stance on shares of StanChart, telling clients that low global interests were masking volume growth and hence the shares had become undervalued.
Read moreStandard Chartered to launch Singaporean joint venture with BetaPlus
6th Sep 2021 12:54
(Sharecast News) - Financial services firm Standard Chartered's wholly-owned subsidiary SCBSL and BetaPlus, a holding company controlled by NTUC Enterprise, has entered into a shareholders' agreement to form a joint venture, SC Bank Solutions.
Read moreFriday broker round-up
6th Aug 2021 12:03
(Sharecast News) - Standard Chartered: Citi reiterates 'neutral' and keeps 490.0p target price.
Read moreStanChart resumes dividend, announces buyback as profits rise
3rd Aug 2021 07:01
(Sharecast News) - Standard Chartered reported a rise in first-half profits and said it was resuming dividends against an improving economic backdrop.
Read moreStanChart resumes dividend, announces buyback as profits rise
3rd Aug 2021 07:01
(Sharecast News) - Standard Chartered reported a rise in first-half profits and said it was resuming dividends against an improving economic backdrop.
Read moreTuesday preview: RBA, StanChart in focus
2nd Aug 2021 19:55
(Sharecast News) - The spotlight on Tuesday will shift to Asia Pacific, where rate-setters in Australia will announce their interest rate decision.
Read moreQatar sovereign wealth fund takes minority stake in Airtel Africa
30th Jul 2021 16:08
(Sharecast News) - Qatar's sovereign wealth fund will take a minority stake in Airtel Africa's mobile money unit.
Read moreNo breakthrough at latest US-China talks
26th Jul 2021 14:24
(Sharecast News) - Talks between top Chinese and US diplomats on Sunday and Monday reportedly ended in stalemate as China refused to budge on multiple foreign policy issues.
Read moreChinese crackdown on US-listed stocks signals start of 'Cold War', Roach says
26th Jul 2021 12:23
(Sharecast News) - Beijing's moves against US-listed Chinese firms may be signalling the start of a 'cold war' between the two countries, a well-considered expert said.
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