◦ UBS
China's GDP to grow by 5.4% in 2023: IMF - China Economy News
Economy

China's GDP to grow by 5.4% in 2023: IMF

The UBS raised its forecast for Chinas GDP growth in 2023 to 5.2 percent from 4.8 percent previously while Deutsche Bank Nomura and JP Morgan have all lifted Chinas full year GDP...
Wall Street, global financial institutions upgrade China's 2023 economic forecasts - China Economy News
Economy

Wall Street, global financial institutions upgrade China's 2023 economic forecasts

Global financial institutions including JP Morgan Citigroup and UBS on Wednesday raised their 2023 growth forecasts for China after the countrys economy expanded at a faster than...
More positive policies predicted to boost market, economy - China Finance News
Finance

More positive policies predicted to boost market, economy

On further supportive measures for the Chinese economy Wang Tao chief China economist of UBS said it is foreseeable that fiscal policies will be strengthened.
Economists predict more support but no huge stimulus package - China Economy News
Economy

Economists predict more support but no huge stimulus package

Hu Yifan chief China economist at UBS Wealth Management expected future domestic policy support to continue but it will be relatively calm and restrained and there will not be large...
French luxury brand tycoon Bernard Arnault now in China - China Company News
Company

French luxury brand tycoon Bernard Arnault now in China

The pandemic hit the industry hard with Chinas share of the market sinking to 17 percent in 2022 according to analysts at UBS who have said that 2023 will be the year of the Chinese...
UBS looks to axe 30% of staff and keep Credit Suisse's domestic business - China Finance News
Finance

UBS looks to axe 30% of staff and keep Credit Suisse's domestic business

UBS is weighing cutting tens of thousands of jobs following its emergency takeover of Credit Suisse.
UBS hopes to complete Credit Suisse takeover before July - China Finance News
Finance

UBS hopes to complete Credit Suisse takeover before July

UBS said Tuesday it would likely complete its takeover of stricken rival Credit Suisse before the end of June.
Automotive industry leaders point to evolving market trends - China Auto News
Auto

Automotive industry leaders point to evolving market trends

UBS meanwhile said that the changes in the domestic automobile market in 2020 2022 were more significant than in other global markets.
Up to 30% of jobs may go in the UBS-Credit Suisse merger - China Finance News
Finance

Up to 30% of jobs may go in the UBS-Credit Suisse merger

The merger between banks Credit Suisse and UBS could see up to 36,000 jobs being cut across the world, the SonntagsZeitung weekly reported on Sunday.
US Fed delivers small rate hike amid global banking turmoil - China Economy News
Economy

US Fed delivers small rate hike amid global banking turmoil

The collapse of the Santa Clara California based bank and Signature Bank another US midsized lender prompted a rout in banking stocks as investors worried about other ticking bombs in the banking system and led to UBS...
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