Economics

Stocks Trade Mixed as China Returns, Rally Fizzles: Markets Wrap

February 11, 2019

The rally in risk assets eased on Monday, with stocks in Asia trading mixed as doubts on the possibility for progress in the U.S.-China trade talks crept back into markets.

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Swiss Franc Slumps in Mini ‘Flash Crash’ as Japan Curse Strikes

February 11, 2019

The Swiss franc swooned almost 1 percent at the start of Asian trade Monday as thin liquidity caused by a Japan holiday led to a mini recurrence of the “flash crash” that roiled FX markets early last month.

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London Banker Sues Singapore Lender for Race Discrimination

February 11, 2019

A former official at United Overseas Bank Ltd.’s London branch is suing for unfair dismissal after saying he was denied a new job because he isn’t Asian.

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British and U.S. Banks Are Deeply Divided on Brexit Ties

February 11, 2019

With just seven weeks to go before Brexit, it’s not just U.K. politicians who are bitterly divided over the country’s withdrawal from the European Union — large banks are also at loggerheads.

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