CompaniesBIO

In this article 388-HK Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 2:22 02:22 Hong Kong has proven time and time again that its market can bounce back: HKEX Squawk Box Asia One of the world's biggest stock exchanges has a special policy for bad weather – it halts trade whenever authorities issue a typhoon warning of Signal 8, the third highest level, or higher. Nicolas Aguzin, the CEO of Hong Kong Exchanges and Clearing , said the bourse is "constantly" looking into reviewing this protocol that halts trade in its $3.9 trillion stock market alongside other structural issues that investors face in Hong Kong. When asked when investors can expect to see a change in this policy, Aguzin told CNBC's Emily Tan that evaluations are taking place. Aguzin made his remarks just hours before another typhoon warning triggered an early end to Wednesday's trading session. The Hong Kong Observatory has issued a Signal 8 or higher a total of six times in 202...

A sign hangs above an entrance to a branch of Barclays Plc bank in the City of London, U.K. Bloomberg | Bloomberg | Getty Images LONDON — Barclays on Wednesday reported an unexpected rise in third-quarter earnings on the back of strong trading revenues, despite a continued drag from a costly U.S. trading error . The British lender posted a net profit attributable to shareholders of £1.512 billion ($1.73 billion), above consensus analyst expectations of £1.152 billion and marking an increase from a restated £1.374 billion for the same period last year. "We delivered another quarter of strong returns , and achieved income growth in each of our three businesses, with a 17% increase in Group income to £6.4 billion," Barclays CEO C.S. Venkatakrishnan said in a statement. "Our performance in FICC ( fixed income , currencies and commodities trading ) was particularly strong and we continued to build momentum in our consumer businesses in the U.K. and U.S." Common equity t...