China’s steel mill profitability has climbed to the highest since August, according to data from consultancy Mysteel, although questions remain over how long the improvement can last.
Stocks can rally further as a powerful recovery in earnings and still-low positioning levels outweigh the threat from rising bond yields, according to Max Kettner, chief multi-asset strategist at HSBC Holdings Plc.
HSBC Holdings Plc has carried out a “thorough review” of a $400 million fraud-related provision in its latest earnings and is updating its risk appetite, according to Chairman Brendan Nelson.
All three major averages slipped on Monday as tensions in the Middle East threatened the staying power of a tenuous ceasefire between the U.S. and Iran.
All three major averages slipped on Monday as tensions in the Middle East threatened the staying power of a tenuous ceasefire between the U.S. and Iran.
Bridge Growth Partners has raised $790 million of equity in a secondary transaction that will let it hold the infrastructure software company Solace for longer.
