Abrdn Sees Net Inflows as Assets Under Management Increase
Abrdn Plc reported client inflows and an uptick in assets under management during the first quarter of the year, signaling an improvement in performance at the troubled money manager.
Abrdn Plc reported client inflows and an uptick in assets under management during the first quarter of the year, signaling an improvement in performance at the troubled money manager.
Lloyds Banking Group Plc missed estimates for net interest income in the first quarter as the lender faces increased pressure to offer savers better rates.
Bank Indonesia raised its benchmark interest rate to a record high, as it moved to support the rupiah that’s hit pandemic-era lows amid evolving external risks.
The rally in European stocks faltered on Wednesday as disappointing earnings in the banking and luxury sectors offset further gains for technology stocks.
Iron ore climbed to the highest level in seven weeks as Fortescue Ltd., the fourth-biggest producer, said full-year shipments are likely to be at the lower end of guidance after disruptions hit supplies at mines in Western Australia.
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