Cost of Being Wrong Gets Bigger by Day in Ever-Diverging Markets
Markets, Boaz Weinstein said this week, are “constantly wrong.” Telling which one is most astray right now has
2023-06-10 04:16
Citi to Cut 50 London Investment and Corporate Banking Jobs
Citigroup Inc. is planning to cut 30 investment banking jobs and 20 more in its corporate banking unit
2023-06-10 02:19
Pakistan to Push Growth to 3.5% Amid IMF Austerity Measures
Pakistan’s government presented a carefully-knitted together budget for the next financial year as it looks to balance boosting
2023-06-09 22:59
Labour Caves on £140 Billion Green Energy Plan Over Cost Fear
The UK opposition Labour Party watered down its £140 billion ($176 billion) flagship green energy plan days before
2023-06-09 22:57
Clients, Banking Partners Retreat From Odey After Allegations
Odey Asset Management, whose founder Crispin Odey is facing new allegations of sexual assault, is scrambling to reassure
2023-06-09 22:55
Tesla’s Record Run of Gains Drives $200 Billion Jump in Value
The clouds are finally parting for Tesla Inc. investors who stuck with the electric-vehicle maker through a rough
2023-06-09 22:48
Rising Profit Estimates Mask South Africa’s Frail Equity Outlook
Analysts have raised the earnings outlook for South Africa’s main equity index to an almost 11-year high. Money
2023-06-09 20:52
America has lost half its public companies since the 1990s. Here's why
The S&P 500 officially entered a bull market on Thursday, gaining 20% off of its October lows. But those gains came from just a few tech and AI companies with mega-cap stocks soaring higher. Cyclical and smaller companies are still largely suffering.
2023-06-09 20:46
Russia Holds Rates to Bring Pause to Longest in Over 7 Years
Russia extended its interest-rate pause to the longest in more than seven years as the central bank becomes
2023-06-09 18:46
China Central Bank Governor Reiterates Stable Policy Stance
China’s central bank will keep monetary policy targeted and ensure credit growth is stable, Governor Yi Gang said,
2023-06-09 18:26
Fed Seen Ending Its 15-Month Hiking Campaign in Economist Survey
Most economists expect the Federal Reserve to pause interest-rate increases next week for the first time in 15
2023-06-09 18:15
Erdogan Names First Republic’s Ex-Exec as Central Bank Head
Turkish President Recep Tayyip Erdogan named Hafize Gaye Erkan, a former co-chief executive officer of First Republic Bank,
2023-06-09 17:55