Globalisation is being "reset", as U.S. tariffs loom, StanChart executive says

Donald Trump's proposed tariffs threaten global trade dynamics while potentially benefiting banks in Asia and the Middle East, causing concerns about supply chains and economic impact in Europe.

StanChart targets $200 billion in new wealth assets over next five years

Standard Chartered plans a $200 billion target in new wealth assets, shifting focus from retail banking to affluent clients, aiming for significant growth and investment over five years.

Trump's low oil price promise is a risk and a boon for emerging markets

European stocks retreat despite positive growth data; UK budget due

StanChart to double down on wealth business, trim retail as it lifts outlook

Standard Chartered exceeded profit expectations, plans to enhance its wealth business while cutting retail banking. It projects 10% income growth and aims to return $8 billion to shareholders.

China's factory activity likely contracted in Oct for a sixth month: Reuters poll

China's factory activity likely contracted in October, with optimism from officials that recent stimulus measures will help stabilize the economy as indicated by PMI forecasts.

Markets 'overreacting' to a one-month jobs surge, 50bps cut still alive: StanChart

Standard Chartered analysts claim financial markets are overreacting to September's strong NFP data, predicting 75bps in total rate cuts amid concerns over softening labor market conditions.

Egyptian inflation expected to fall for fifth month in July

Inflation in Egypt is anticipated to decline in July, influenced by monetary policy changes and previous high rates, despite recent increases in food and fuel prices.