Chinese banks dominate the world’s top 10 banks by net profit, but their profit growth lagged behind US and UK banks, mainly due to rate cuts, narrowing profit margins. Industrial and Commercial Bank ...
The S&P/ASX 200 closed 103.8 points higher, up 1.23%. There was a double whammy of goodness for stocks on the ASX today, with bond yields falling at the same time as investors factored out some of ...