US Mortgage Rate Climbs to 22-Year High of 7.41%, Curbing Demand
US mortgage rates jumped last week to the highest level since 2000, taking a toll on already depressed
2023-09-27 19:55
Fuel Hoarding Unnerves Polish Refiner in Push to Cut Prices
Poland’s state-controlled refiner Orlen SA appealed to Poles to refrain from hoarding fuel following reports that its bid
2023-09-27 19:23
Micron Set to Test Resolve of Fed-Rattled Traders
Micron Technology Inc. is set to provide one of the first tests for investors hoping that tech earnings
2023-09-27 18:55
China Shies Away From Confrontation With Europe Over EV Probe
As Europe’s top trade chief headed to Beijing this month shortly after announcing a probe into China’s electric
2023-09-27 18:21
US Government Shutdown’s Economic Risks Grow the Longer It Lasts
A US government shutdown would have a cascading economic effect, beginning mildly and deepening over time as millions
2023-09-27 17:49
Dubai Starts Repaying Bailout Loan as Part of Huge Debt Cutback
Dubai said it began repaying a $20 billion bailout loan from Abu Dhabi and country’s central bank, as
2023-09-27 16:46
Italy Seeks Monte Paschi Deal in Push to Create New Banking Hub
Italy is seeking to turn Banca Monte Paschi di Siena SpA into the country’s third largest bank by
2023-09-27 16:30
ECB’s Holzmann Says Shocks Could Force ECB to Raise Rates Again
It’s unclear whether the European Central Bank has lifted borrowing costs to their peak, with the persistence of
2023-09-27 16:23
Banks and Private Lenders Vie for $4.2 Billion Debt Deal for Adevinta
Investment banks and direct-lending funds are competing to provide as much as €4 billion ($4.2 billion) of debt
2023-09-27 15:59
Thailand Raises Key Interest Rate to 10-Year High of 2.50%
Thailand’s central bank raised its benchmark interest rate to the highest level in 10 years, as it moved
2023-09-27 15:50
Equinor’s Controversial Rosebank Oil Field Gets UK Approval
The UK’s controversial Rosebank oil and gas development has received the go-ahead, despite objections from climate groups. Equinor
2023-09-27 15:29
China Puts Evergrande’s Billionaire Founder Under Police Control
Hui Ka Yan, the billionaire chairman of beleaguered property developer China Evergrande Group, has been placed under police
2023-09-27 15:29