Tuesday, June 18, 2019 - 14:50:24

market expectations

Investors sniff at interest cap

Business

Investors sniff at interest cap

News of a tigher official cap on the deposit interest rates that can be paid by commercial banks, a figure which bears directly on the interest rates that banks charge on commercial loans, failed to revive investor spirits on May 28.

Burberry sales eclipse forecasts

World

Burberry sales eclipse forecasts

British luxury goods group fashion label Burberry smashed third quarter revenue forecasts and predicted annual profit towards top of market expectations, adding to evidence that the rich are spending again.