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Boateng wants the authorities to examine Chinese-owned malls he says hold about 60 per cent of retail, and a pause before bank repayments begin.
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UOB’s Lee Sue Ann notes that the Bank of England has resumed tightening, lifting the Bank Rate to 4.00% and signalling a hawkish shift as inflation risks re-emerge.
U.S. Treasury yields were little changed on Friday with the initial rally following the midterm elections fading ahead of October payrolls data later in the day.
Brazilian pulp maker Suzano earned about US$379 million in the third quarter, up 6%, as its new tissue arm pushed revenue up 36%.
Ginkgo cut its quarterly loss 44% as it pivots to autonomous labs.
Cash flow surged and debt fell, but management flagged softer margins ahead.
Strategic review and Outdoor growth define a mixed third quarter.
