Morgan Stanley Tag

China’s state-owned enterprises (SOEs) are “shifting gears” to raise their game and boost earnings by adding innovation, research and supply-chain security to their focus and performance yardsticks, an industry analyst said.The new approach, spelled out by Beijing earlier this year, represents a “distinct departure” from...

Morgan Stanley is planning to eliminate several hundred jobs, the first such move under CEO Ted Pick.The cuts will affect less than 1 per cent of employees in the wealth-management business, which has about 40,000 workers and is the firm’s largest unit, according to a...

“People are interested in India for several reasons, one is simply it’s not China,” said Vikas Pershad, Asian equities portfolio manager at M&G Investments in Singapore. “There’s a genuine long-term growth story here.” 05:39Hong Kong stock market falls below 15,000 level, its lowest in 15 monthsHong...