08/18/2020
The Asian economies seem to be emerging from the pandemic-induced slump much earlier than European and American economies, which is one of the main reasons for the surge in the contribution of the region to UBS earnings.
08/14/2020
So far, a wall of money printed by the BOJ in recent years has kept a lid on bankruptcies and job losses as the economy tips into a deep recession. But the prolonged battle with COVID-19 is adding to strains on regional banks.
08/14/2020
"The outlook remains highly uncertain but decisive actions in April to strengthen our balance sheet allows us to support customers, while keeping the bank safe,"
08/13/2020
Our UK Director, Robert Moore, spoke to Senior Associate at Forsters, Alfred Liu, to gain insights into their next-generation family office clients.
08/12/2020
The worst-hit sectors were construction (-59.3 percent y-o-y), transportation and storage (-39.2 percent y-o-y), accommodation and food services (41.4 percent y-o-y) and business services (-20.2 percent y-o-y).
08/12/2020
That view has been reinforced by signs of tacit support from Beijing, including record purchases of Hong Kong stocks by Chinese funds and a spate of high-profile listings by the nation’s technology giants.