


By Divya Chowdhury and Savio Shetty
DAVOS, Switzerland (Reuters) - Job cuts are not "top of mind" for Manulife Financial (NYSE:MFC) Corp, Canada's largest insurer, as it sees significant growth opportunities, fuelled particularly by Asia, CEO Roy Gori said on Monday.
"We are in growth mode," Gori told the Reuters Global Markets Forum on the sidelines of the World Economic Forum's annual meeting in Davos, adding that his firm has been increasing headcount.
"We are growing at more than double or triple the GDP in most of the markets that we operate in. That means that we're investing organically to grow our business and ... possibly looking at inorganic opportunities for growth as well."
Gori said Manulife's U.S. and Canadian markets were stable and growing at a reasonable rate, while seeing a "phenomenal opportunity" in Asia due to the region's expanding middle-class, despite any trade shocks that may come its way.
While China's reversal of its zero-COVID policy may pose some short-term challenges, Gori expected activity to pick up in the second half of the year, providing impetus to Asia and the rest of the world.
Gori said he wasn't worried that the U.S. Federal Reserve would over-tighten, as he expected inflation to remain stubbornly high and central banks to maintain higher interest rates for longer.
"At the very minimum, we'll see three 25-basis-point rate hikes from the Fed. If they do have to cut rates, it maybe by 25 basis points or 50, but I'm not seeing a 200 bps rate cut in the outlook of 2023 or 2024."
The prospect of an imminent global recession cast a long shadow over Davos on Monday as participants counted the likely cost for their economies and businesses.
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EUR/USD
1.0709
+0.0010 (+0.09%)
Summary
NeutralMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (2)
Sell (4)
EUR/USD
1.0709
+0.0010 (+0.09%)
Summary
NeutralMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (2)
Sell (4)
GBP/USD
1.2450
+0.0011 (+0.09%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (1)
USD/JPY
139.94
-0.19 (-0.14%)
Summary
↑ SellMoving Avg:
Buy (1)
Sell (11)
Indicators:
Buy (6)
Sell (1)
AUD/USD
0.6664
+0.0012 (+0.18%)
Summary
SellMoving Avg:
Buy (5)
Sell (7)
Indicators:
Buy (1)
Sell (4)
USD/CAD
1.3360
-0.0010 (-0.07%)
Summary
BuyMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (6)
Sell (1)
EUR/JPY
149.87
-0.06 (-0.04%)
Summary
BuyMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (7)
Sell (0)
EUR/CHF
0.9737
-0.0001 (-0.01%)
Summary
BuyMoving Avg:
Buy (9)
Sell (3)
Indicators:
Buy (4)
Sell (1)
Gold Futures
1,960.55
+2.15 (+0.11%)
Summary
NeutralMoving Avg:
Buy (7)
Sell (5)
Indicators:
Buy (2)
Sell (3)
Silver Futures
23.602
+0.073 (+0.31%)
Summary
NeutralMoving Avg:
Buy (11)
Sell (1)
Indicators:
Buy (3)
Sell (4)
Copper Futures
3.7547
-0.0008 (-0.02%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (9)
Crude Oil WTI Futures
72.51
-0.02 (-0.03%)
Summary
NeutralMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (3)
Sell (4)
Brent Oil Futures
76.86
+0.08 (+0.10%)
Summary
SellMoving Avg:
Buy (4)
Sell (8)
Indicators:
Buy (2)
Sell (4)
Natural Gas Futures
2.322
-0.009 (-0.39%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (0)
Sell (9)
US Coffee C Futures
186.10
+3.50 (+1.92%)
Summary
BuyMoving Avg:
Buy (9)
Sell (3)
Indicators:
Buy (5)
Sell (0)
Euro Stoxx 50
4,291.91
-3.31 (-0.08%)
Summary
↑ SellMoving Avg:
Buy (2)
Sell (10)
Indicators:
Buy (3)
Sell (5)
S&P 500
4,267.52
-16.33 (-0.38%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (2)
Sell (4)
DAX
15,960.56
-31.88 (-0.20%)
Summary
↑ SellMoving Avg:
Buy (1)
Sell (11)
Indicators:
Buy (1)
Sell (4)
FTSE 100
7,624.34
-3.76 (-0.05%)
Summary
SellMoving Avg:
Buy (4)
Sell (8)
Indicators:
Buy (3)
Sell (5)
Hang Seng
19,252.00
+152.72 (+0.80%)
Summary
↑ SellMoving Avg:
Buy (3)
Sell (9)
Indicators:
Buy (1)
Sell (6)
US Small Cap 2000
1,891.11
+35.71 (+1.92%)
Summary
↑ BuyMoving Avg:
Buy (12)
Sell (0)
Indicators:
Buy (7)
Sell (1)
IBEX 35
9,359.80
+49.00 (+0.53%)
Summary
↑ SellMoving Avg:
Buy (0)
Sell (12)
Indicators:
Buy (1)
Sell (8)
BASF SE NA O.N.
46.450
-0.310 (-0.66%)
Summary
↑ BuyMoving Avg:
Buy (7)
Sell (5)
Indicators:
Buy (7)
Sell (0)
Bayer AG NA
52.13
-0.15 (-0.29%)
Summary
NeutralMoving Avg:
Buy (5)
Sell (7)
Indicators:
Buy (7)
Sell (0)
Allianz SE VNA O.N.
208.85
-1.65 (-0.78%)
Summary
NeutralMoving Avg:
Buy (11)
Sell (1)
Indicators:
Buy (2)
Sell (7)
Adidas AG
159.26
-0.42 (-0.26%)
Summary
BuyMoving Avg:
Buy (6)
Sell (6)
Indicators:
Buy (7)
Sell (1)
Deutsche Lufthansa AG
9.133
-0.008 (-0.09%)
Summary
↑ BuyMoving Avg:
Buy (8)
Sell (4)
Indicators:
Buy (7)
Sell (0)
Siemens AG Class N
158.46
+0.10 (+0.06%)
Summary
↑ BuyMoving Avg:
Buy (11)
Sell (1)
Indicators:
Buy (6)
Sell (2)
Deutsche Bank AG
9.812
+0.028 (+0.29%)
Summary
BuyMoving Avg:
Buy (9)
Sell (3)
Indicators:
Buy (5)
Sell (3)
EUR/USD | 1.0709 | Neutral | |||
GBP/USD | 1.2450 | ↑ Buy | |||
USD/JPY | 139.94 | ↑ Sell | |||
AUD/USD | 0.6664 | Sell | |||
USD/CAD | 1.3360 | Buy | |||
EUR/JPY | 149.87 | Buy | |||
EUR/CHF | 0.9737 | Buy |
Gold | 1,960.55 | Neutral | |||
Silver | 23.602 | Neutral | |||
Copper | 3.7547 | ↑ Sell | |||
Crude Oil WTI | 72.51 | Neutral | |||
Brent Oil | 76.86 | Sell | |||
Natural Gas | 2.322 | ↑ Sell | |||
US Coffee C | 186.10 | Buy |
Euro Stoxx 50 | 4,291.91 | ↑ Sell | |||
S&P 500 | 4,267.52 | ↑ Sell | |||
DAX | 15,960.56 | ↑ Sell | |||
FTSE 100 | 7,624.34 | Sell | |||
Hang Seng | 19,252.00 | ↑ Sell | |||
Small Cap 2000 | 1,891.11 | ↑ Buy | |||
IBEX 35 | 9,359.80 | ↑ Sell |
BASF | 46.450 | ↑ Buy | |||
Bayer | 52.13 | Neutral | |||
Allianz | 208.85 | Neutral | |||
Adidas | 159.26 | Buy | |||
Lufthansa | 9.133 | ↑ Buy | |||
Siemens AG | 158.46 | ↑ Buy | |||
Deutsche Bank AG | 9.812 | Buy |
Mua/Bán 1 chỉ SJC # So hôm qua # Chênh TG | |
---|---|
SJC Eximbank | 6,635![]() ![]() (-10 ![]() ![]() |
SJC HCM | 6,645/ 6,705 (0/ 0) # 1,159 |
SJC Hanoi | 6,645/ 6,707 (0/ 0) # 1,161 |
SJC Danang | 6,645/ 6,707 (0/ 0) # 1,161 |
SJC Nhatrang | 6,645/ 6,707 (0/ 0) # 1,161 |
SJC Cantho | 6,645/ 6,707 (0/ 0) # 1,161 |
Cập nhật 08-06-2023 08:08:14 | |
Xem lịch sử giá vàng SJC: nhấn đây! |
ↀ Giá vàng thế giới | ||
---|---|---|
$1,946.22 | -17.1 | -0.87% |
ʘ Giá bán lẻ xăng dầu | ||
---|---|---|
Sản phẩm | Vùng 1 | Vùng 2 |
RON 95-V | 22.790 | 23.240 |
RON 95-III | 22.010 | 22.450 |
E5 RON 92-II | 20.870 | 21.280 |
DO 0.05S | 17.940 | 18.290 |
DO 0,001S-V | 18.800 | 19.170 |
Dầu hỏa 2-K | 17.770 | 18.120 |
ↂ Giá dầu thô thế giới | |||
---|---|---|---|
WTI | $72.57 | +0.53 | 0.01% |
Brent | $76.80 | +0.37 | 0.00% |
$ Tỷ giá Vietcombank | ||
---|---|---|
Ngoại tệ | Mua vào | Bán ra |
USD | 23.285,00 | 23.655,00 |
EUR | 24.497,36 | 25.869,06 |
GBP | 28.481,09 | 29.695,52 |
JPY | 163,26 | 172,84 |
KRW | 15,52 | 18,91 |
Cập nhật lúc 08:00:29 08/06/2023 Xem bảng tỷ giá hối đoái |