China Steps Up Efforts to Stabilize Markets as Confidence Slumps
Chinese authorities have stepped up efforts in recent days to bolster financial markets in a sign that Beijing
2023-08-18 15:54
Swedish Landlord Heimstaden Weighs Fresh Capital Injection
One of the biggest residential property companies in Europe has adjusted its financial policy and is considering raising
2023-08-18 15:53
ECB Readies Complaint to Italy on Bank Tax, Corriere Says
The European Central Bank is set to send a letter of complaint to the Italian government about a
2023-08-18 15:52
Kuwait Fund Names New Head of UK Arm Year After Ousting Ex-CEO
Kuwait’s $700 billion sovereign wealth fund appointed Abdulmohsin Al-Mukhaizeem as the permanent head of its London arm, just
2023-08-18 15:52
Adyen’s $20 Billion Wipeout Caught Almost Everyone by Surprise
Almost no-one saw Adyen NV’s €18 billion ($20 billion) share plunge coming. Prior to Thursday’s 39% drop, the
2023-08-18 14:54
UK Says Banks Face Fines If They Don’t Give Easy Access to Cash
Rishi Sunak’s government said UK banks could face fines if they don’t preserve easy and free access to
2023-08-18 05:58
Powell to Speak Aug. 25 at Jackson Hole Economic Symposium
Federal Reserve Chair Jerome Powell will speak next Friday at the Kansas City Fed’s Jackson Hole Economic Policy
2023-08-18 04:56
Bitcoin Touches an Almost 2-Month Low as Rate Concern Lingers
Bitcoin reached an almost two-month low as risk aversion weighs on the cryptocurrency market with global government bond
2023-08-18 00:23
Walmart Lifts Outlook Again, Stays Cautious on US Shoppers
Walmart Inc. raised its annual profit forecast again, but struck a cautious tone on consumers and the US
2023-08-17 21:55
US Jobless Claims Decline in Sign of Resilient Labor Market
Applications for unemployment benefits fell by the most in five weeks, suggesting the resilient economy is making employers
2023-08-17 20:56
Emerging-Market Credit Risk Jumps as Hawkish Tilt Hits Bonds
The emerging-market selloff that started in equities and spread to currencies this month has now gripped bonds, as
2023-08-17 20:52
South Africa Sees Deal With China to Secure Solar Panel Supply
South Africa’s electricity minister said he expects to seal a deal with the Chinese government next week that
2023-08-17 17:51