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“Probably it’s an insurance move,” says Geoffrey Yu, senior market strategist at BNY, as the Bank of England voted 8-1 to raise rates by a quarter point. He sees the messaging “not envisaging further moves” by the central bank’s Monetary Policy Committee. He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
Aon plc, the re/insurance broker, announced the successful renewal of the Aon Client Treaty (ACT) facility. From Jan. 1, 2027, the facility will enable 35% co-insurance on eligible business placed…
The latest front in the US-China technology contest is not advanced chips, artificial intelligence (AI) or telecommunications equipment.
Fool analysts weigh in on how Democratic control of Congress could affect your portfolio.
Foreign-currency lending in Ho Chi Minh City rose 42 percent in the first ten months of 2026 from the end of last year, reflecting stronger import-export activity, while total credit growth continued…
He offered investors assurances that the State would provide a framework for sharing investment...
The Bank of England has raised interest rates to 4% as it tries to curb rising prices fuelled by the Iran war.
