Credit score Suisse chairman denies plans to promote or elevate capital after mammoth losses

In recent months, there has been speculation that Credit Suisse may be considering raising capital. Thi My Lien Nguyen | Bloomberg | beautiful pictures Credit Switzerland Chairman Axel Lehmann denied any subsequent intention to sell or merge the Swiss lending company reported a big loss in the second quarter. The bank posted a net loss … Read more

Asia-Pacific markets blended as buyers search for course

SINGAPORE – Australian stocks rose more than 1% while markets in Hong Kong and South Korea fell on Monday ahead of decisions by the Australian and Malaysian central banks this week. The S&P / ASX 200 up 1.26%, with banking and retail in the green. Markets in Japan and mainland China are also higher. The … Read more