|Bid||6.66 x 0|
|Ask||6.67 x 0|
|Day's range||6.21 - 6.75|
|52-week range||2.71 - 6.77|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Nov 21 (Reuters) - BOE Technology Group Co Ltd * Says shareholder plans to unload up to 1.0 percent stake in the company within three months Source text in Chinese: http://bit.ly/2zZEJhs Further company ...
The Bank of England will further increase the size of a cheap credit scheme after banks and other lenders sought to make greater use of it before a deadline at the end of February 2018. Finance minister Philip Hammond said he had authorised a BoE (Shenzhen: 000725.SZ - news) request for a 25 billion-pound increase in the maximum size of the Term Funding Scheme to 140 billion pounds ($152 billion). "As the end of the drawdown period approaches, participants have greater certainty over the likely size of their borrowing allowances earned from positive net lending, and we now expect the final level of drawings to exceed 115 billion pounds," BoE Governor Mark Carney said in a letter to Hammond.
Nov 20 (Reuters) - Wuhan Jingce Electronic Technology Co Ltd * Says it and units signed sales contracts totalling 602.3 million yuan ($90.88 million) with BOE Technology and units in the past 12 months ...
World markets have spluttered into the new week, irked by the failure of German coalition talks and the new regulations in China on the asset management industry. The withdrawal of the small centre-right FDP from the German talks amid disagreements with Chancellor Merkel’s CDU and the Green Party over issues ranging from asylum to tax and environment raises the chances of Germany having to return to the polls, even though Merkel will meet with the country’s president later on Monday to consider other options – including a minority administration.
Sterling rose against the dollar on Thursday an initiative by European Council President Donald Tusk on Brexit negotiations was taken as mildly positive, on a day when currencies mostly stuck to well-worn trading ranges. "You’re trading something that is almost like a weighted coin but you just don’t know which way it is weighted," he said.
The Bank of England will probably need to raise interest rates a couple more times over the next few years if Britain's economy develops as expected, Governor Mark Carney was quoted as saying on Thursday, echoing guidance the BoE (Shenzhen: 000725.SZ - news) has given previously. If it evolves broadly in line with our projections, we would probably raise interest rates a couple of times over the next few years," Carney told the Liverpool Echo newspaper. The BoE raised interest rates for the first time in more than 10 years earlier this month and Carney said at the time that he agreed broadly with investors who had been pricing in two more rate hikes over the next three years.
Bank of England Governor Mark Carney said on Thursday the central bank would be nimble enough to keep inflation under control whatever the outcome of the country's negotiations to leave the European Union. "It could go either way in terms of affecting the economy and inflation," Carney said when asked about Brexit during a discussion with students, business people and others in the centre of Liverpool, northwest England. "Whatever happens, we will be nimble enough to move monetary policy to bring inflation back to that target while supporting the economy," he added.
Sterling was only a touch higher on Thursday as investors largely ignored marginally better-than-expected retail sales data, focusing instead on uncertainty around Brexit negotiations. Sterling was up slightly on the day at $1.3186, having spent this month in a tight $1.30 to $1.32 band. "The data is not going to be a game changer as it is all about Brexit negotiations at the moment and sterling is going to be trading in a tight range until we see further clarity on that," said Viraj Patel, an FX strategist at ING in London.
It could be a sleepless night for those negotiating the German government coalition pact in Berlin: today is the deadline set by Angela Merkel to finalise the so-called exploratory phase of the talks to form a three-party Conservative-Liberal-Green coalition. If they manage to do that, the running assumption will be that those three parties will take a few more weeks to iron out the last details before they form the next German government. It was interesting to see that German MEP Manfred Weber, an ally in the EU assembly of Merkel, emerged from his talks with British PM Theresa May in London this week much more optimistic about progress on Brexit.
Bank of England Governor Mark Carney said on Thursday there was a broad understanding in Britain and in Europe of the importance of reaching a transition deal for Brexit and a good trade and investment deal after that. "The government recognises, parliamentarians, businesses, people across the country, people in Europe recognise as well that it is in everyone's interest to have at a minimum a transition period to the new relationship," Carney said in an interview with ITV (Frankfurt: A0BLQP - news) television.
The Bank of England needs to stick with its assumption that lower unemployment will generate faster inflation, despite uncertainty about both this and the impact of Brexit on the economy, Deputy Governor Ben Broadbent said on Wednesday. Broadbent, part of the 7-2 majority on the BoE (Shenzhen: 000725.SZ - news) 's Monetary Policy Committee who backed the central bank's first interest rate rise in a decade earlier this month, said above-target inflation and dwindling spare capacity justified the move. Broadbent made his comments in a speech at the London School of Economics, hours after official data showed the number of Britons in work recorded its biggest fall in two years.
The number of people in work in Britain fell by the most in more than two years in the three months to September, a sign that a Brexit slowdown may be taking its toll on the economy's strong run of job ...
The yield gap between shorter-dated and longer-dated bonds is shrinking in the United (Shenzhen: 000925.SZ - news) States, raising concerns among traders over when the second-longest U.S. economic expansion in modern history will come to an end. The ultimate fear is that shorter-dated yields will rise above longer-dated ones, a market phenomenon known as a yield curve inversion and one that has preceded the past three recessions. Top bond managers and strategists at the Reuters Global Investment 2018 Outlook Summit said this week that while they were mindful the yield curve touched its flattest level in a decade last week, they saw a remote chance of a recession as the jobs market had improved.
Bank of England Deputy Governor Jon Cunliffe - one of the two policymakers who opposed this month's rise in interest rates - said on Tuesday he preferred to wait for clearer signs that wage growth is picking up before he backs higher rates. Limited evidence that the British economy was generating too much inflation pressure meant the BoE (Shenzhen: 000725.SZ - news) could afford to hold off on rates, rather than relying too heavily on theories about how growth, inflation and wages are linked, he said. The BoE's Monetary Policy Committee voted 7-2 to raise rates for the first time in more than a decade on Nov. 2.
Sterling slipped to its lowest in almost four weeks against a broadly stronger euro on Tuesday, after lower-than-expected UK inflation data weakened the case for the Bank of England to raise interest rates again any time soon. The numbers showed consumer price inflation held at an annual rate of 3.0 percent in October, below an average forecast among economists polled by Reuters for a 3.1 percent annual rise. When the BoE (Shenzhen: 000725.SZ - news) raised rates for the first time in a decade in early November, it said it expected inflation would hit 3.2 percent in October before starting to fall back slowly towards its 2 percent target.
British inflation unexpectedly held steady in October, wrong-footing the Bank of England and raising fresh questions about how fast the central bank will follow up on this month's interest rate hike. The ...
Four of the world's top central bankers promised on Tuesday to keep openly guiding investors about future policy moves as they slowly withdraw the huge monetary stimulus rolled out during the financial crisis. After pumping some $10 trillion into financial markets since the 2008 crisis -- driving them many markets to record highs -- the Federal Reserve, European Central Bank, Bank of England and Bank of Japan are now trying to wean investors off easy money without causing an upset. To do this, words will be key, the heads of the four central banks told an ECB conference on communication.
If confirmed, that would compare favourably to the less impressive 1.5 percent year-on-the-year growth the UK posted a couple of weeks ago and will encourage the ECB along its path to gradually tightening its stimulus programme. It's pretty rare that you get the central bank chiefs of the United States, the euro zone, Japan and Britain around the same table but they will all be there in Frankfurt today for an ECB-hosted event on central bank communication. Central bankers talking about the art of talking may not seem the most compelling event but the history of monetary policy is strewn with communication gaffes, misunderstandings and general misfires.
British industry had its strongest month so far this year in September, but more signs of strain on consumers and a plunge in construction were reminders that the economy looks set for a difficult 2018 ...
Sterling consolidated (Other OTC: STCC - news) losses on Friday as political uncertainty around the progress of negotiations over Britain's departure from the European Union continued to weigh on the currency. With (Other OTC: WWTH - news) the clock ticking on Brexit talks and a turbulent week in Westminster ramping up doubts about British Prime Minister Theresa May's ability to secure a divorce deal, investors were tracking the data for any signs of strength in the UK economy that could support the pound. Any sign that the pace of loss of momentum is picking up is going to make things harder," said Kit Juckes, head of foreign exchange strategy at Société Générale.
Sterling fell for a third consecutive day on Thursday as growing political turbulence surrounding Prime Minister Theresa May's government sapped institutional investors' demand for British assets. It is 1.6 percent below last Thursday's level when the BoE (Shenzhen: 000725.SZ - news) raised interest rates for the first time in more than a decade, and is hovering above a one-month low of $1.3040 hit lat Friday.
British employers are having to raise their pay offers in the face of growing recruitment problems, two surveys showed on Wednesday, following a fall in the number of European Union workers since the Brexit vote. Stronger pay growth would ease a big problem for Britain's economy -- wages lagging inflation -- and could add to the case for further interest rates hikes by the Bank of England, which last week raised rates for the first time since 2007. The Recruitment and Employment Confederation said its monthly survey showed starting salaries rose in October at the second-quickest rate since November 2015.
British companies are likely to keep on increasing investment at a modest pace over the next year before weaker increases over the following two years, the Bank of England said in a report on Wednesday. ...
Sterling slipped on Wednesday, with a string of scandals in the ruling Conservative party and evidence of growing doubts over Prime Minister Theresa May's ability to deliver a good Brexit deal putting pressure on the pound. Despite Britain heading into another round of divorce negotiations with the European Union later this week in Brussels, investors' focus was firmly stuck in London, where May's minority government has stumbled into several controversies. The future of May's aid minister Priti Patel was in doubt on Wednesday after reports she had held several undisclosed meetings with senior Israeli politicians during a private holiday.
Sterling slipped against a stronger dollar on Tuesday, kept under pressure by worries over the health of the economy as Britain prepares to leave the European Union, with the latest data offering little respite after a heavy sell-off last week. The British central bank said it expected only two more hikes in the coming three years, however, with even that dependent on the deal Britain gets from the EU. Investors are therefore monitoring the negotiations around Britain's future relationship with the EU closely for any clues on the BoE (Shenzhen: 000725.SZ - news) 's future rate path, as well economic data releases.