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Category: SRN News

Morning Bid: BOJ struggling to keep pace with hiking partners

A look at the day ahead in European and global markets from Tom Westbrook The Bank of Japan raised interest rates, as expected, though it knocked the yen by sounding a fraction less hawkish than its peers. Significantly, the hike, coming just three months after…

WTA roundup: Liudmila Samsonova upsets top seed in Guadalajara

By Field Level Media Sep 18 (Field Level Media) – Eighth-seeded Liudmila Samsonova is through to her first semifinal of the year after upsetting top-seeded Marta Kostyuk 4-6, 6-2, 7-5 in the Guadalajara Open on Thursday in Mexico. Samsonova, a 27-year-old Russian, had been to…

China’s Forms Syntron delays $120 million Hong Kong listing

HONG KONG, Sept 18 (Reuters) – Shenzhen Forms Syntron Information has postponed its planned Hong Kong listing, citing market conditions, the Chinese financial technology firm said in a filing late Thursday. • Forms Syntron had aimed to sell 58.96 million Hong Kong shares at up…

Investors react to BOJ raising interest rates to 31-year high

Sept 18 (Reuters) – The Bank of Japan raised interest rates to a 31-year high of 1.25% on Friday in a widely expected move to forestall risks of inflation overshooting its 2% inflation target. At a two-day policy meeting that ended on Friday, the board…

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