Analysts at Bernstein have selected stocks that are set to outperform against the “challenging” market backdrop.
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Bernstein picks India stocks to buy, says one could potentially rise nearly 40%
World
UBS shares rise 4.5% after Swiss government proposes tough new capital rules
Why are UBS shares rallying after new Swiss capital rules? Why are UBS shares rallying after the Swiss government proposed tough new capital rules? Shares of the bank jumped as much as 6% after Switzerland announced highly-anticipated capital regulations calling on UBS to hold an additional $26 billion in Common Equity Tier 1 (CET1) capital. […]
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Britain wants to lift a ban on a key crypto product — and catch up to the U.S.
LONDON — The U.K. is set to lift a ban on a key type of crypto debt security in a bid to catch up to the U.S. and other financial hubs as it looks to become a global hub for digital assets. On Friday, the Financial Conduct Authority, the U.K.’s main regulator for financial services, […]
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World
Russia lowers interest rates to 20% in first cut since 2022 as inflation pressures ease
A Moscow shopping mall pictured earlier this year. Anadolu | Anadolu | Getty Images Russia’s central bank on Friday cut its sky-high interest rates for the first time since September 2022, in a sign that inflation pressures — not long ago described by President Vladimir Putin as “alarming” — are beginning to ease. The Bank […]
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