Ping An Profit Falls as Market Declines Hurt Investment Returns
Ping An Insurance (Group) Co.’s profit dropped 4.3% in the first quarter as stock-market declines and falling bond yields eroded investment returns.
Ping An Insurance (Group) Co.’s profit dropped 4.3% in the first quarter as stock-market declines and falling bond yields eroded investment returns.
Copper’s powerful rally close to $10,000 a ton is facing a test as buyers in China, the world’s biggest market, balk at prices near their highest in two years.
The UK boosted its borrowing plans after the government’s budget shortfall overshot forecasts, highlighting the constraints Chancellor Jeremy Hunt faces as he eyes pre-election tax cuts.
Oil options markets are indicating that traders have unwound a hefty chunk of the geopolitical premium stemming from unprecedented missile and drone attacks in the Middle East.
Bank of England rate-setter Jonathan Haskel warned that the “very tight” labor market is loosening only slowly and will be the key to bringing down inflation.
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