Citi Maintains Buy Rating on China Travel Hong Kong
Citi maintained its Buy rating on China Travel Hong Kong.
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Citi maintained its Buy rating on China Travel Hong Kong.
Citi maintained its Buy rating on Hong Kong China Travel; its separation of Hong Kong and Macau tourism businesses received favorable reviews.
United Airlines says flyers will be able to watch almost every MLB playoff game via DISH streaming supported by Starlink. The airline also said it is offering a status match for Delta and American Airlines loyalty members.
Delta Air Lines Chief Executive Ed Bastian said wealthier U.S. households are spending more on travel and helping premium demand stay strong. He also said the carrier's fourth-quarter guidance, including forecast revenue growth of 20%, reflects resilience to higher fuel costs.
0328 GMT - The Chinese yuan is undervalued by as much as 25%, Jonas Goltermann, chief markets economist at Capital Economics says in a note. Reducing China's trade surplus to a broadly balanced position would necessarily involve the yuan's significant appreciation, he says. That said, exchange rate adjustment alone wou
0224 GMT - The Bank of Thailand is still likely to keep monetary policy accommodative, say two members of Goldman Sachs' economics research team in a note. While reduced fuel subsidies could drive up inflation by allowing greater pass-through from global energy prices, the members do not expect the BOT to respond unles