'The mother of all crises.' A US debt default would ricochet around the world
The global economy has been hit by two huge shocks in three years. It might be about to suffer a third in the shape of a US debt crisis.
2023-05-26 22:17
Global money market funds attract heavy inflows as US debt ceiling looms
Global money market funds drew inflows for a fifth straight week in the seven days to May 24
2023-05-26 18:48
Investors have poured $756 billion into cash funds this year - BofA
LONDON Investors have poured $756 billion into cash funds this year, Bank of America said in a note
2023-05-26 18:22
Yen at 140 Opens Door to More Weakness But Not Intervention This Time
The yen is close to hitting a bottom against the dollar, and is unlikely to weaken to levels
2023-05-26 17:55
UK’s Hunt Comfortable With Recession to Bring Down Inflation
UK Chancellor of the Exchequer Jeremy Hunt says he’s in favor of higher interest rates to tackle inflation,
2023-05-26 16:28
Market Optimism Over Debt Deal May Pave Way for Monday Selloff
Markets are largely in the green Friday but strategists warn there’s still a prospect US debt-ceiling negotiations break
2023-05-26 15:59
Take Five: Push and pull
Key jobs figures in the United States, Chinese business activity data and European inflation readings are giving more
2023-05-26 15:54
UK Retail Sales Bounce Back More Than Expected After Wet March
UK retailers saw sales jump more than expected last month, recovering from heavy rain that kept people home
2023-05-26 14:26
Dollar eyes third weekly gain as higher US rate expectations gather steam
By Rae Wee SINGAPORE The dollar eased on Friday but remained near a two-month high against its major
2023-05-26 14:26
Stocks tiptoe toward US debt denouement; Japan sparkles
By Tom Westbrook SINGAPORE Asia's stock markets were cautiously higher on Friday, with Japan leading gains, while the
2023-05-26 14:24
Column-Sterling caught between rate spike and gilt rupture: Mike Dolan
By Mike Dolan LONDON Britain's interest rate horizon skyrocketed this week on another alarming inflation reading that some
2023-05-26 14:15
French Grocer Casino to Talk With Creditors as Conciliation Process Starts
Casino Guichard-Perrachon SA said it will start debt talks with creditors after a Paris court decided to open
2023-05-26 13:58