Why some central banks are rushing to hike rates now
Central bankers across the globe are delivering a message: Slow and steady won't win the race against inflation.
2023-06-25 17:26
Hong Kong to fine-tune mortgage limits for first-time homebuyers
HONG KONG Hong Kong plans to "fine-tune" the maximum size of mortgages available to first-time homebuyers, Financial Secretary
2023-06-25 17:25
Final Stretch of Central-Bank Hiking Will Be Toughest, BIS Says
The unprecedented cycle of global interest-rate increases is entering its most challenging stretch as inflation threatens to become
2023-06-25 17:22
Russia Latest: Italy Now Sees Weakened Russia on Ukraine Front
Wagner Group mercenary leader Yevgeny Prigozhin halted his dramatic advance toward Moscow and pulled his fighters back, defusing
2023-06-25 14:58
Hong Kong May Relax Some Mortgage Rules, Chan Says
Hong Kong’s government is considering marginally relaxing mortgage loan-to-value ratios for some residential property purchases, the city’s finance
2023-06-25 14:46
Cargo Airline Western Global Weighs Bankruptcy as Cash Dwindles
Western Global Airlines LLC is weighing options including filing for bankruptcy as it faces dwindling liquidity, according to
2023-06-25 11:57
Trump Hardens Position on Abortion, Rails Against Indictment
Former President Donald Trump hardened his position on abortion in a speech to evangelical Christian voters, saying there’s
2023-06-25 11:24
Pricey Junk Bonds Are Seeing a Sudden Vibe Shift: Credit Weekly
Bullish bets on high-yield corporate bonds are starting to unravel as interest rates look set to stay higher for longer.
2023-06-25 05:26
Powell Wins Over Bond Traders Dialing Back Bets on Deep Downturn
The bond market is finally getting in sync with Jerome Powell’s outlook for the economy. Traders have scrapped
2023-06-25 04:23
Prigozhin Turns His Forces Back from Moscow, Avoids Showdown
Wagner mercenary leader Yevgeny Prigozhin dramatically halted his advance toward Moscow and ordered his fighters to return to
2023-06-25 02:45
Zambia to Pay 1% Interest After ‘Mission Impossible’ Debt Deal
Zambia will pay interest rates of as low as 1% until 2037 as part of its debt restructuring
2023-06-24 23:25
Crypto Feeds on AI Hype as Tech Offers New Uses for Blockchain
New lawsuits filed by the US Securities and Exchange Commission against Coinbase Global Inc. and Binance Holdings Ltd.
2023-06-24 22:59