What happens when $2 trillion is sucked out of the global economy? It may not be pretty
Central banks have been credited with averting a global depression twice over the past 15 years: Once after the 2008 financial crisis, and again at the height of the coronavirus pandemic.
2023-05-19 23:54
Morgan Stanley CEO Gorman to Step Down Within 12 Months
James Gorman, who transformed Morgan Stanley after it nearly collapsed during the global financial crisis, plans to step
2023-05-19 22:29
Investors still pouring into cash, but pace slows - BofA
By Lucy Raitano LONDON (Reuters) -Investors pumped $25.1 billion into cash in the week to Wednesday, but the flow into
2023-05-19 19:17
Take Five: More drama on the horizon
LONDON There's no shortage of events, data and high drama for markets in the days ahead. Wrangling over
2023-05-19 15:29
Dollar gains as debt deal hopes rekindle hawkish Fed bets
By Rae Wee SINGAPORE The dollar firmed to a near six-month peak against the yen on Friday and
2023-05-19 13:55
G-7 Latest: Zelenskiy to Visit Japan, Leaders Tour A-Bomb Museum
Ukrainian President Volodymyr Zelenskiy is set to visit Group of Seven leaders in Japan for one of his
2023-05-19 13:49
Marketmind: Rehash on rates ahead as ECB, BOE and Fed speak
A look at the day ahead in European and global markets from Vidya Ranganathan Several key central bankers, including Fed
2023-05-19 12:54
Biden Pushes Momentum in Debt Talks as He Begins Summit in Japan
President Joe Biden urged his negotiators to keep pursuing a debt-limit deal after House Speaker Kevin McCarthy indicated
2023-05-19 12:20
Asian shares mixed as China growth worries crimp U.S. debt ceiling optimism
By Ankur Banerjee SINGAPORE Asian shares nudged lower on Friday, weighed down by China and Hong Kong stocks
2023-05-19 10:48
China Considers Moving Stakes in Bad Banks to Sovereign Wealth Fund
China is considering transferring government ownership in the nation’s biggest bad-debt managers to a unit of its sovereign
2023-05-19 09:47
Asian Stocks to Open Mixed on US Rally, China Drag: Markets Wrap
Stocks in Asia are set for a mixed open, with optimism that the US will be able to
2023-05-19 07:25
McCarthy, Schumer Eye Debt-Limit Votes Ahead of June 1 Deadline
House Speaker Kevin McCarthy and Senate Majority Leader Chuck Schumer are making plans for votes in the coming
2023-05-19 07:20