LONDON (Alliance News) - Standard Chartered PLC Wednesday reported its first annual decline in pretax profit after a decade of growth, as it was hit by emerging market fears and a writedown in its Korean business, but warned that its 2014 first-half performance faces challenges. Standard Ch Read More
LONDON (Alliance News) - Standard Chartered PLC Wednesday reported its first annual decline in pretax profit after a decade of growth, as it was hit by emerging market fears and a writedown in its Korean business. But the FTSE 100 bank reiterated that it is well capitalised, indicating that Read More
LONDON (Alliance News) - Shares have opened mostly lower Wednesday with small-caps out-performing large caps, following Tuesday's relief rally from lowered Ukraine tensions.<br /><br /><strong>Standard Chartered</strong> has reported lower 2013 profit and a 15% reduction in its bonus pool, whi Read More
LONDON (Alliance News) - London's major stock indices have rebounded Tuesday amid a global equities recovery, after Russian President Vladimir Putin raised hopes that the crisis in Ukraine won't result in war between the neighbours. Stocks tumbled around the world Monday as investors sold r Read More
LONDON (Alliance News) - London's stock markets have Tuesday taken back all of the losses they made yesterday, after Russian President Vladimir Putin said the country would only send troops in to Ukraine as a last resort.<br /><br />The less threatening tone from Russia has led to a global equ Read More
LONDON (Alliance News) - The following is a summary of top news stories Tuesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>BP</strong> PLC said it disagreed with the decision by a US court of appeals, which denied the company's request for a permanent injunct Read More
LONDON (Alliance News) - Shares have rebound at the open Tuesday, amid reports that Russian President Vladimir Putin has order troops near the Ukraine back to their bases. <br /><br />Miner <strong>Fresnillo</strong> is down 6.8% at the open as it reported profit more than halved in 2013, thou Read More
LONDON (Alliance News) - Asia-focused lender Standard Chartered PLC is nearing deals to sell about a half-dozen units in Europe, Asia and the Middle East, reported the Wall Street Journal citing people familiar with the deals. The bank is in advanced talks to sell Standard Chartered Savings Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Monday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />BERNSTEIN CUTS RSA INSURANCE PRICE TARGET TO 115 (130) PENCE - 'OUTPERFORM' <br />----------<br />CITIGROUP CUTS RSA INSURANCE P Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />JEFFERIES RAISES MAN GROUP TO 'HOLD' ('UNDERPERFORM') <br />----------<br />BARCLAYS RAISES MAN GROUP PRICE TARGET TO 108 (94) P Read More
LONDON (Alliance News) - UK shares are adding to their gains at the open Friday amid some positive UK and European economic data. <br /><br />Troubled FTSE 250 outsourcing firm<strong> Serco</strong> is up 10% after pulling off something of a coup by recruiting the CEO of FTSE 100 temporary po Read More
LONDON (Alliance News) - Standard Chartered PLC Thursday said non-executive Director Simon Lowth acquired 40 shares at a price of GBP12.89 per share Wednesday. Following this transaction, Lowth now holds 10,393. Shares in the financial services company closed at 1,280.08 pence Thursda Read More
LONDON (Alliance News) - Standard Chartered PLC is looking to sell its Swiss private banking operations as it continues to focus on other parts of its business, a spokesperson told Alliance News Wednesday. The spokesperson said the decision came after a strategic review and that it is "a ve Read More
LONDON (Alliance News) - The new organisation set to be established by the end of the year in order to raise standards in banking would provide a "canopy" under which existing professional bodies would continue to develop and grow, with the goal of moving the industry towards the same sort of pro Read More