BOE Wants Deposit Protection Fund to Recapitalize Failing Banks
The Bank of England is drawing up plans to recapitalize failing banks through the industry’s deposit protection program
2023-06-05 20:28
China Says Local Debt Under Control, No Systemic Risk Seen
China said local government debt is manageable and authorities have enough financial resources to avoid risks from spreading,
2023-06-05 17:56
Vietnam's power blackouts hit multinationals' manufacturing hubs
By Khanh Vu and Francesco Guarascio HANOI Vietnam's rolling power cuts have hit industrial parks in the country's
2023-06-05 17:48
Daiwa Says Staff Freely Using ChatGPT, Plans Tech Hiring Boost
Daiwa Securities Group Inc. employees are widely using an artificial intelligence-powered chatbot in Japan, as the nation’s second-largest
2023-06-05 17:24
Morgan Stanley Strategist Sees European Stocks Falling 10% This Summer
European stocks may drop as much as 10% over the next few months. That’s the view of Morgan
2023-06-05 16:15
World’s Longest Direct Flights to Cost 20% More Than Stopover Fares
Qantas is likely to extract a 20% premium from passengers on the world’s longest direct flights when it
2023-06-05 15:47
Morgan Stanley Joins Goldman in Cutting China Index Targets
Morgan Stanley became the latest China bull to reduce the target for key stock indexes, citing delayed earnings
2023-06-05 13:57
PwC Identifies List of Partners in Australia Tax Breach
PricewaterhouseCoopers has identified a list of 76 current or former partners associated with its tax leaks scandal, handing
2023-06-05 13:52
US May Impose Higher Capital Requirements on Big Banks, WSJ Says
Large lenders in the US may face a 20% increase in capital requirements in the aftermath of a
2023-06-05 13:29
UBS Plans to Complete Credit Suisse Takeover as Early as June 12
UBS Group AG expects to complete its acquisition of Credit Suisse Group AG as early as June 12,
2023-06-05 13:24
Key Mexico State Votes in Election Poised to Help AMLO Party
Mexican President Andres Manuel Lopez Obrador’s ruling party is projected to win one of the last bastions of
2023-06-05 11:26
Here’s What Morgan Stanley to Goldman Say About Saudi Output Cut
Saudi Arabia pledged an additional production cut in July to stabilize the oil market, ceding ground to two
2023-06-05 10:58