Global Inflation Risk Rises Despite Lower Prices, Economist Says
The risks of a prolonged period of elevated inflation have increased despite the current decline in prices in
2023-06-26 01:49
Powell Wins Over Bond Traders Dialing Back Bets on Deep Downturn
The bond market is finally getting in sync with Jerome Powell’s outlook for the economy. Traders have scrapped
2023-06-25 04:24
UK Regulator Was Missing in Action at Start of Nickel Crisis, Filings Show
The UK’s market regulator had only superficial engagement with the London Metal Exchange as it sleepwalked into last
2023-06-24 03:26
Big VC, Tech Got Backstop for Billions in Uninsured SVB Deposits
When federal regulators stepped in to backstop all of Silicon Valley Bank’s deposits, they saved thousands of small
2023-06-23 18:59
Zambia Wins Debt Relief, Sets Precedent for Stressed Nations
Zambia reached an agreement in principle to restructure $6.3 billion of debt with bilateral lenders, setting a precedent
2023-06-23 14:54
Qatar’s Wealth Fund to Buy Stake in NBA’s Washington Wizards
In a first for US sports, Qatar’s sovereign wealth fund has struck a deal to buy a stake
2023-06-23 14:16
Canada police name highway crash victims
Babas, peperes, grandmothers, and great-grandmothers among 16 lost in Canada highway crash.
2023-06-23 03:59
Egypt Climate Bond May Get Vital Guarantee From Asian Bank
The Asian Infrastructure Investment Bank, a multilateral development bank, is in talks to guarantee a climate-related bond being
2023-06-22 23:56
Hog Herds to Shrink as US Farms Lose Money, Smithfield Warns
American pig farmers are losing so much money that some may soon start selling the corn they would
2023-06-22 23:53
IMF Touts $100 Billion for Poorest, Zambia Deal: Paris Update
The International Monetary Fund confirmed rich countries have channeled $100 billion to finance lending for the world’s poorest
2023-06-22 22:19
FDIC Chair Backs Stricter Capital Requirements for Midsize Banks
The regulator that oversaw the federal takeover of Silicon Valley Bank says the lender’s failure shows the need
2023-06-22 21:22
China’s Cnooc Plans Offshore Oil, Gas Exploration in Tanzania
China’s Cnooc Ltd. is planning offshore oil and gas exploration with state-owned Tanzania Petroleum Development Corp. as the
2023-06-22 16:54