Emerging-Market Funding Gets Creative as Dollar Bonds Dry Up
At the BRICS summit in Johannesburg this week, a key item on the agenda was reducing dollar dependence
2023-08-27 20:57
China Cuts Stock Trade Tax, Tightens IPOs to Boost Market
China lowered the stamp duty on stock trades for the first time since 2008 and pledged to slow
2023-08-27 20:21
South Africa Says Distribution Is ‘Albatross’ of Power System
South Africa’s electricity distribution system is “an albatross” beset by fighting between the national power utility and municipalities
2023-08-27 19:47
Shadow Chancellor Rachel Reeves Drops Support for UK Wealth Tax
The UK’s main opposition party ruled out imposing a wealth tax in an apparent policy shift heading toward
2023-08-27 17:48
Wall Street’s Hot Options Come to Europe. Will They Take Off?
The zero-day options trade that has taken Wall Street by storm will finally arrive in Europe next week,
2023-08-27 16:24
US Marines Taken From Darwin Military Helicopter Crash: Reports
Survivors of a military helicopter crash in Australia have been transferred to hospital following an incident involving US
2023-08-27 15:22
Saudi Arabia Signals Interest in Champions League Football Entry
Saudi Arabia is interested in discussions about joining Europe’s top football club tournament, the Champions League, as the
2023-08-27 14:51
German Inflation Trauma of 1923 Strikes an Uneasy Chord Today
By late-1923, hyperinflation had rendered Germany’s currency so worthless that one woman used several billion marks of banknotes
2023-08-27 13:48
China’s Industrial Profits Drop Persists as Economy Weakens
The decline in China’s industrial profits eased in July, though the slowing economic recovery and deflation risks remain
2023-08-27 10:49
Dorries Finally Quits UK Parliament With Fierce Attack on Sunak
Former Culture Secretary Nadine Dorries savaged Prime Minister Rishi Sunak in an excoriating resignation letter, as she finally
2023-08-27 04:56
Junkiest Debt Rallies as Investors Brush Off Fed
Credit investors have decided that they’re more than willing to fight the Federal Reserve as the central bank
2023-08-27 03:47
BOE’s Broadbent Warns UK Rates Need to Remain High For Some Time
The Bank of England will have to keep interest rates high for longer because inflation is unlikely to
2023-08-27 01:58