- Reuters - UK Focus•4 hours ago
A long-awaited turnaround in UBS's wealth management business helped Switzerland's biggest bank deliver its second-best start to a year since the financial crisis, although it struck a cautious tone for the year ahead. Rising interest rates, a booming stock market and better investor sentiment boosted the group's U.S. business, while improving Asian markets meant clients were more willing to take risks after a slowdown in late 2015 blunted trading appetite. The world's largest wealth manager said on Friday net profit for the first three months of 2017 jumped 79 percent to 1.3 billion Swiss francs ($1.3 billion), beating the highest forecast in a Reuters poll.
- Reuters - UK Focus•11 hours ago
U.S. President Donald Trump on Friday will order a review of offshore areas currently off limits to oil and gas drilling to determine which might be reopened, in his administration's latest move to expand domestic energy production. The order could lead to a reversal of bans on drilling across swathes of the Atlantic (Shanghai: 600558.SS - news) , Pacific and Arctic oceans and the Gulf of Mexico that former President Barack Obama's administration sought to protect from development. "It is better to produce energy here than be held hostage by foreign entities," Interior Secretary Ryan Zinke told reporters on Thursday in a briefing about the executive order, which will be called the America-First Offshore Energy Strategy.
- Sky News•14 hours ago
M&S is to trial an online grocery shopping service to deliver food to customers' homes for the first time. The retailer's boss Steve Rowe said it needed to be ready to respond to changing shopping habits. M&S has overhauled its online offering in recent years but has until now fought shy of making its food offering available on the internet.
160550.KQ: Summary for NEW - Yahoo Finance
KOSDAQ - KOSDAQ Delayed price. Currency in KRW
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At close: 3:30PM KST
|Day's range||8,530.00 - 8,700.00|
|52-week range||7,850.00 - 15,650.00|
|PE ratio (TTM)||N/A|
|Dividend & yield||N/A (N/A)|
|1y target est||N/A|