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524 entries

Nov 29, 2022 7:00:00 AM | LGT Navigator

LGT Navigator: Concerns about global supply chains weigh on outlook for world economy

Fears of even stricter measures by China against the corona pandemic and protests against the zero-Covid policy are again causing increased uncertainties regarding the still fragile global supply chains. This is not only clouding the outlook for the global economy, but also sentiment on capital markets.  Moving into focus this week are now new data on the US labor market. In addition to the report from ADP on Wednesday, financial markets are eagerly awaiting the official end of week. This is also likely to be of great importance for the further course of US interest rate policy. In this regard, the regular economic report of the Fed, the so-called Beige Book, on Wednesday evening could also provide clues.

Nov 28, 2022 7:00:00 AM | LGT Navigator

LGT Navigator: China dampens market sentiment

Protests due to strict Covid measures spread across China over the weekend. Demonstrators clashed with police in Shanghai and large crowds gathered in Beijing. In some cities, protestors damaged Covid testing sites. The protests add fresh uncertainty about the reopening of the world’s second-largest economy, which has stuck to a zero-Covid policy that is much stricter than curbs in place in most parts of the world.

Nov 25, 2022 2:04:00 PM | LGT Company News

Two Industry Awards for LGT in Middle East

This week, WealthBriefing presented the ninth edition of its annual awards for banks in the Middle East and North Africa. LGT won two awards – one for the second consecutive year.

Nov 25, 2022 7:00:00 AM | LGT Navigator

LGT Navigator: Daily Covid cases in China break record

Covid cases reached a high in China, breaking a record from mid-April and unsettling some investors who had hoped that the world’s second-largest economy would soon be reopened completely. Outbreaks were spread across the country, including in the southern industrial epicenter of Guangzhou. Stricter measures such as mandatory testing, quarantine and lockdowns, particularly in industrial hot spots, could wreck global supply chains and affect other economies.

Nov 24, 2022 4:32:08 PM | LGT Company News

LGT Bank receives top marks from FUCHS | RICHTER and Elite Report

LGT Bank once again achieved an excellent result in this year’s FUCHS | RICHTER assessment. The bank’s strong performance across all categories earned it a “very good” designation, and it was once again selected as the number one bank in Liechtenstein. In the quality test conducted by Handelsblatt Elite Report, LGT Bank was ranked “summa cum laude” and retained its spot among the top ten best wealth managers in German-speaking countries.

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