Stocks slide on tariff turmoil after Eid holiday
FE REPORTThe equity benchmark index ended lower this week, as jittery investors adversely reacted to the 'reciprocal tariffs' imposed by the US administration.This is the first trading week after Eid vacation and the imposition of 37 per cent tariffs on Bangladeshi products hit the market sentiment negatively. However, US President...
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HSBC explores private credit push
LONDON, Apr 11 (Reuters): HSBC is preparing a foray into the white-hot market for private credit, five sources with knowledge of the plans said, the latest move by a global bank to get in on the booming sector.HSBC's plan, reported here for the first time, shows how the bank is...
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Global bond funds log biggest weekly outflows in over five years
Global bond funds saw their largest weekly outflow in over five years in the week to April 9, as investors pulled back even from traditionally safer bonds amid recession fears and an escalating US-China trade war that are stoking concerns over inflation in the United States, reports Reuters.According to LSEG...
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Shein gains approval for London IPO, awaits China nod
HONG KONG/LONDON, Apr 11 (Reuters): Online fast-fashion retailer Shein has secured approval from Britain's Financial Conduct Authority (FCA) for its planned initial public offering in London, according to two sources with knowledge of the matter.The FCA's approval marks a significant step forward in the China-founded company's pursuit of a London...
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