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...The price-to-book ratio of companies listed on South Korea’s flagship Kospi index is 0.91, significantly lower than the Nikkei 225’s 2.01....
...York will now admit some overseas applicants who achieved the equivalent of B/B/C grades at A level into its undergraduate programmes, or a 2:2 degree to join its postgraduate courses....
...One speaker is powered from the mains, the other connected to it by a thick USB-C cable....
...C market”, according to Testerman....
...That lower ROTE may be due to less income productivity and lower leverage relative to peers, thinks Jason Napier at UBS....
...Shares in Samsung C&T closed almost 10 per cent lower on Friday after the reform effort led by activist investors failed, marking a setback for South Korea’s efforts to emulate Japan’s success in driving...
...People close to the discussions have told the Financial Times that the French government is pressing Britain to support EDF on Hinkley Point, including by potentially providing loan guarantees to lower the...
...Venkat defended his decision to continue backing the investment bank, which has for years generated lower returns than the consumer and cards divisions....
...Critics also dismiss claims of lower costs being achieved in China, where budgets are opaque....
...There’s a wet bar on the lower level. Why The property has been renovated to create a large open-plan kitchen, dining and living space featuring exposed brickwork and wood floors....
...The company added: “We now expect a full-year depreciation charge of c.$2,120m and a net interest cost of c.$540m, which will result in adjusted profit before tax being below current market expectations....
...Europe’s riskiest corporate bonds now have an average yield of 19.66 per cent, according to an Ice BofA index tracking regional debt rated triple C and lower....
...With just 1.2bn people having an income above $12K a year, Apple is valued on an EV per pop of c$2,300, which requires c$800pp of annual spend, on the global equity strategy team’s calculations. 4....
...China’s Yintai Gold last month stepped in to buy Osino Resources for C$368mn in cash ($272.53mn). This topped that of Osino’s local rival Dundee Resources....
...Boeing had hoped the spin-off would lead to lower procurement costs and help it shed unionised workers but Spirit has suffered from lopsided contracts with its former owner and main customer, as well as...
...“Following advice from the Advisory Council on the Misuse of Drugs, we intend to make xylazine a class C drug, meaning anyone supplying this substance will face up to 14 years in prison, a fine or both,”...
...Lower buffers should improve a bank’s return on tangible equity, a crucial determinant for bank valuations. Higher returns should mean improved valuations....
...Williams said it was “premature to be even thinking” about a March start to cuts, but acknowledged that it would be appropriate to lower interest rates as the economy came into better balance and inflation...
...By some measures, the prospective returns on stocks relative to bonds are lower than at any point since mid-2007, implying extreme optimism about future profit growth....
...They reckon that debt maturities of firms rated single-B or lower will be around $310bn in 2025, rising to $400bn in 2026....
...M&C Saatchi shares fell by almost a fifth on Wednesday after it warned that revenues would be lower in 2023 because of a tough start to the year for its advertising and media operations....
...“They are resistant to jump into the market to buy when they are currently sitting with a lower interest rate on their current home.”...
...“Maximum loan to value is quite a bit lower than two to three years ago,” he said. “Some people who could have chosen a lifetime mortgage now can’t because they don’t have enough equity.”...
...But drugmakers have opposed plans to import drugs bought at lower prices, citing safety concerns....
...Last year, Goldman also paid $215mn to settle a long-running lawsuit alleging that parts of the bank had underpaid and failed to promote lower-level women for years....
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