Europe’s Banks Say They’re Back. So Why Doesn’t Anyone Buy Their Shares?
PacWest Bancorp lost $1 billion in one quarter, saw its stock drop 89% in two months, and has
2023-05-25 17:19
European Gas Slumps Again as Industries Struggle to Boost Demand
European natural gas prices fell further from the lowest close in almost two years as a weak regional
2023-05-25 16:57
Mozambique Ex-Finance Chief Faces US Trial in Tuna-Bond Case
Mozambique’s former Finance Minister, Manuel Chang, is set to face charges in the US over his role in
2023-05-25 16:20
Germany Suffers Winter Recession on Bleaker First Quarter
Germany suffered a winter recession, fresh data showed, extinguishing hopes that Europe’s top economy could escape such a
2023-05-25 14:58
Turkey Asked Banks to Buy Eurobonds to Support Default Swaps
Turkey’s central bank asked some local lenders this week to step in and buy the country’s dollar bonds,
2023-05-25 14:28
Singapore Dollar at Record High Versus Ringgit on China Worries
The Singaporean dollar surged to the strongest level on record against the Malaysian ringgit, with the latter suffering
2023-05-25 14:26
RBI May Need to Buy $18 Billion of Bonds to Add Cash, ICICI Says
India’s central bank may buy as much as 1.5 trillion rupees ($18 billion) of government bonds to replenish
2023-05-25 13:53
Pakistan Growth Slows Sharply as Economic Challenges Mount
Pakistan’s economic growth slowed sharply to one of the lowest levels in its history as its woes intensify
2023-05-25 13:25
The end of King Dollar? The forces at play in de-dollarisation
By Naomi Rovnick and Libby George LONDON Rivalry with China, fallout from Russia's war in Ukraine and wrangling
2023-05-25 13:25
Marketmind: Fitch puts US on watch; will it matter in Washington?
A look at the day ahead in European and global markets from Sonali Desai. The U.S. debt ceiling saga continues
2023-05-25 12:58
Cargo Ship Runs Aground in Suez Canal, Disrupting Trade Route
Work is underway to free a bulk carrier that’s run aground in the Suez Canal, causing fresh disruption
2023-05-25 12:56
Asian stocks slide to two-month low on debt ceiling jitters
By Ankur Banerjee SINGAPORE Asian shares stumbled to a two-month low on Thursday, and the U.S. dollar rose
2023-05-25 12:45