As global rates turn, banks in India and Indonesia set to win
By Ankur Banerjee SINGAPORE As Asia's banking sector navigates a peak in global interest rates and risks of
2023-11-29 16:53
Analysis-Debt-laden China's local governments scramble to rescue small banks with $21 billion in special bonds
By Ziyi Tang and Ryan Woo BEIJING Local governments in China have sold record amounts of so-called special
2023-11-29 07:22
The Whiteboard: Why the Suns and Magic are suddenly unstoppable
Today on The Whiteboard, we're exploring the matching seven-game winning streaks of the Phoenix Suns and Orlando Magic.
2023-11-29 02:45
Bank of America pays $12 million fine for reporting false mortgage data
Bank of America will pay a $12 million penalty for submitting false mortgage lending information to the government,
2023-11-29 02:29
US recession will prompt 175 basis points in Fed cuts next year, DB economists say
By Lewis Krauskopf NEW YORK The Federal Reserve will cut rates more aggressively than markets are currently pricing
2023-11-28 04:59
Bank of Israel again holds key interest rate at 4.75% during war
JERUSALEM The Bank of Israel kept short-term borrowing rates unchanged for a fourth straight decision as expected on
2023-11-27 22:27
Russian central bank to resume domestic FX market interventions from January
MOSCOW The Russian central bank said on Monday it would resume domestic foreign exchange market interventions from January
2023-11-27 19:57
Deutsche Bank sees 12% upside to S&P 500 through 2024-end
(Reuters) -Deutsche Bank on Monday forecast the S&P 500 to end next year 12% higher as it expects corporate earnings
2023-11-27 19:52
Canada banks' quarterly profits seen hit by rising provisions
By Nivedita Balu TORONTO Canada's big banks are likely to wrap up a challenging financial year with another
2023-11-27 19:29
Political noise distracts central Europe's rate-setters
(Refiles with change to headline) By Pawel Florkiewicz, Gergely Szakacs and Marc Jones WARSAW/BUDAPEST The central bank governors
2023-11-27 16:15
Wall Street gets creative as regulators demand more capital
By Shankar Ramakrishnan Earlier this fall, Morgan Stanley bought $300 million worth of protection against losses on some
2023-11-27 14:27
Australia appoints BoE's Andrew Hauser as new RBA deputy governor
SYDNEY Australia on Monday appointed the Bank of England's (BoE) Andrew Hauser as the new deputy governor of
2023-11-27 11:59