US Mortgage Rates Rise to Near Seven-Month High of 6.91%
US mortgage rates surged to the highest level since early November last week, stifling demand for home purchases
2023-05-31 21:22
Europe’s Bond Rally Shows How Economic Cracks Are Spreading
European government bonds rallied while the euro and risk-sensitive Nordic currencies sank as cooling inflation prints and weak
2023-05-31 20:18
Services Sector Shields Indian Economy From Still-High Rates
India’s economy grew faster than the government’s expectations last year, as demand spurred an expansion in the services
2023-05-31 20:15
South Africa Says Private Companies to Add Four Gigawatt to Grid by End 2024
South Africa expects private companies to add more than 4 gigawatts of electricity generation capacity to the grid
2023-05-31 19:26
US Slams Kosovo for New Tensions, Urges Calm From Both Sides
The US urged Serbia and Kosovo to immediately de-escalate tensions in northern Kosovo after clashes injured dozens of
2023-05-31 18:52
Germany’s Schmid Nears $640 Million Deal With SPAC to Go Public
Schmid Group, a German provider of advanced electronics manufacturing techniques, is nearing an agreement to go public in
2023-05-31 18:45
ECB Warns Rate Hikes Are Putting Market Stability at Risk
The European Central Bank said that financial markets will be vulnerable to negative shocks as it continues the
2023-05-31 18:21
Deloitte Flags Holes in Adani Ports Deals, Cites Need for Review
Adani Ports & Special Economic Zone Ltd.’s auditor sounded a note of caution over insufficient disclosures around the
2023-05-31 18:17
Stocks in EM Slip to Worst Underperformance Since 2019 Trade War
Stocks in the developing world haven’t had such a bad run since the height of the US-China trade
2023-05-31 17:58
Japan Stocks May Reach Record High in Early 2025, BofA Says
The start of an inflationary regime, coupled with the Tokyo Stock Exchange’s valuation reforms, will boost Japanese stocks
2023-05-31 17:56
Prudential CFO James Turner Resigns Over Probe Into Conduct
Prudential Plc Chief Financial Officer James Turner resigned on Wednesday amid a probe into a code of conduct
2023-05-31 16:53
SBB Woes Deepen After Holding Company Skips Hybrid Bond Payment
The crisis engulfing Swedish landlord SBB worsened after the chief executive officer’s investment company skipped interest payments on
2023-05-31 16:24
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