Alibaba’s revamp puts renewed focus on Ant Group’s suspended IPO
The latest overhaul in Alibaba's business announced overnight could be seen as calls for renewed interest for the $34.5 billion
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Financials
UBS names Sergio Ermotti as its new Group CEO, following acquisition deal of Credit Suisse
UBS names Sergio Ermotti as its new Group CEO, following acquisition deal of Credit Suisse Source link
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Asia is an area of certainty amid global volatility, says China’s Boao Forum outlook
Asia, especially China, is an area of certainty amid global uncertainty, according to an annual economic outlook report released at
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First Republic rebounds by 25% on Monday to lead regional bank comeback
The Monday moves follow several signs that the crisis for regional banks could be easing in the United States. Source
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Bank turmoil is boosting appetite for specific sector ETFs. Here’s why
It appears a certain group of ETFs is gaining popularity as a way to cushion financial system upheaval. Source link
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China is a ‘relative safe haven’ in the face of global banking stress, Citi economists say
The turmoil in the banking sector seen in the U.S. and Europe has highlighted China as a "relative safe haven"
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‘Be mindful of your risk’: Money manager tackles Silicon Valley Bank fallout on ETFs
There's speculation bank stress could expose problems lurking in ETFs tied to specific sectors. Source link
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Retail investors are buying the dip in financial stocks in unprecedented amounts
Vanda Research's data show that there has been a surge of retail investor buying of bank stocks. These are the
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Fitch says banks in Asia are resilient to risks seen in U.S. bank failures
Asia-Pacific banks are "resilient to risks" highlighted by failures seen in U.S. banking sector, Fitch Ratings said Thursday. Source link
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