EU Blocks More Than €200 Billion in Russian Central Bank Assets
The European Union has immobilized more than €200 billion ($215 billion) in Russian central bank assets since Moscow
2023-05-25 17:28
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
US, South Korea Start Live-Fire Drills Set to Anger North
The US and South Korea began their largest-ever live-fire drills near the border with North Korea, which has
2023-05-25 17:17
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
Nvidia Forecast Shows How AI Frenzy Is Transforming Chip Sector
Nvidia Corp., the world’s most valuable chipmaker, forecast sales that blew past analysts estimates, showing how booming demand
2023-05-25 16:55
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
Billionaire Reuben Brothers Win Battle Over Russian Fraud
A New York court has found that the billionaire Reuben brothers were defrauded by a family friend of
2023-05-25 14:30
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
UK Energy Bills Set to Drop as Easing Gas Costs Finally Register
British consumers are set to see a big drop in energy bills that have been crippling household budgets
2023-05-25 14:22
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
Thailand’s Move Forward Says 19 Senators Backing Pita’s PM Bid
Thailand’s Move Forward party said more than a dozen senators have pledged support for Pita Limjaroenrat’s bid to
2023-05-25 13:16