UBS to Dispose of Riskiest Credit Suisse Loans to Asian Clients
UBS Group AG is planning to exit billions of dollars in loans to Credit Suisse’s clients in the
2023-07-31 19:17
Euro Zone Returns to Growth as Core Inflation Stays Strong
The euro-area economy returned to growth while underlying inflation pressures persisted — supporting early arguments for the European
2023-07-31 17:57
Citigroup lifts S&P 500's year-end target to 4,600
Citigroup raised its year-end target for the S&P 500 by 15% as it now sees a higher probability
2023-07-31 17:49
Heavy Rains Kill Two in Beijing as Storm Lashes Northern China
Torrential rains have damaged roads and killed two people in Beijing, state media reported on Monday, as remnants
2023-07-31 17:49
MUFG Says It Handled Credit Suisse Debt Sales ‘Mostly Properly’
Mitsubishi UFJ Financial Group Inc.’s brokerage venture said it handled sales of Credit Suisse’s riskiest debt properly for
2023-07-31 17:46
UAE Oil Giant Adnoc Sets Tougher Climate Targets Before COP28
The biggest oil producer in the United Arab Emirates is setting itself more ambitious emissions-reduction targets as the
2023-07-31 17:24
China Exporters Flock to Swap Trading to Hold on to Dollars
A tool used by China exporters to get their hands on the yuan temporarily has hit a record,
2023-07-31 16:53
Turkey Dollar-Bond Rally Under Threat as Policy Pivot Drags
A rally in Turkey’s hard-currency bonds may falter without a more ambitious government tilt toward orthodox monetary policies,
2023-07-31 16:46
Italy’s Economy Unexpectedly Shrinks as Domestic Demand Weakens
Italy’s economy unexpectedly contracted in the second quarter, showing how rising interest rates and weakness in foreign markets
2023-07-31 16:19
Morgan Stanley Strategists Say US Stocks Are in a 2019-Like Rally
US equities are tracking the same path they did in 2019, which was one of the best years
2023-07-31 15:50
European Stocks Weighed Down by Earnings Hit; Heineken Slumps
European stocks edged lower as the weakest corporate earnings season since 2020 outweighed optimism that interest rates were
2023-07-31 15:49
Saudi Arabia’s Economy Slows as Oil Prices and Production Drop
Saudi Arabia’s economy slowed in the second quarter as oil-production cuts and a drop in prices pushed the
2023-07-31 14:55