WSJ: World News
Perpetual, CBA and more in the latest Market Talks covering Financial Services.
Airbnb shares dropped about 8% premarket after the holiday-rental company signaled sales this quarter could fall short of consensus estimates.
The Bank of England kept its key interest rate unchanged at a 16-year high, but indicated that it is on course to join its European peers in cutting rates over the coming months.
The central bank left its key rate at 5.25% but indicated it could lower it in the coming months.
Stocks in Chinese companies have bounced back, but investors have seen false dawns before.
Interest rates were set to fall. Now, companies are hunting for ways to offset higher debt costs, making sure potential deals are worth the extra financing cost and bracing for more sales pressure.
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