Ex-Trader Admits Tipping Friend in Second Insider Scheme Plea
A former trader at Canada’s Polar Asset Management Partners who last year confessed to front-running his firm’s trades
2023-05-27 01:54
Traders Are Duped by Bear-Market Rally, Morgan Stanley’s Wilson Says
Morgan Stanley’s chief US equity strategist isn’t convinced the stock rally is here to stay and strengthened his
2023-05-27 01:17
McCarthy Notes Progress as Debt-Limit Talks Narrow Toward Deal
House Speaker Kevin McCarthy said talks on the debt ceiling resumed Friday, with negotiations stretching into the final
2023-05-27 00:16
Hot Inflation Puts Another Fed Hike In Play for June or July
More disappointing inflation news could help to persuade Federal Reserve policymakers to raise interest rates again, giving ammunition
2023-05-26 23:56
Euro-Zone Crawl Toward 2% Inflation Keeps ECB in Rate-Hike Mode
Euro-zone inflation data next week will probably show frustratingly slow progress toward the European Central Bank’s 2% target,
2023-05-26 23:20
French Drugmaker Weighs Bids For Scottish Site Behind Covid Debacle
Valneva SE has been approached by about a dozen potential buyers for its Scottish manufacturing site, according to
2023-05-26 19:53
Why Wall Street cares more about Nvidia than the debt ceiling
The debt ceiling debate and possibility that the United States could default on its financial obligations have hung over the heads of investors for nearly six months now. But Wall Street appears to be largely shrugging off the ongoing negotiations as noise, opting instead to focus on a better-than-expected first quarter earnings season.
2023-05-26 19:47
Ramaphosa Sets Powers for Minister to Address Energy Crisis
South African President Cyril Ramaphosa allocated a range of powers to his electricity minister to help address the
2023-05-26 18:51
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
Turkey’s Runoff Election Has Investors Bracing for More Pain
Financial markets are signaling that more pain is to come in Turkey’s financial markets, as long-time leader President
2023-05-26 16:29