Treasury ‘Melt Up’ Grows as Bond Traders Price Fed Cut by May
Bond traders ramped up their bets on an abrupt end to the Federal Reserve’s tightening cycle, pricing in
2023-11-29 23:20
Dubai Taxi Gets $41 Billion in Orders for $315 Million IPO
Dubai Taxi Co. received over 150 billion dirhams ($41 billion) in investor orders for its $315 million initial
2023-11-29 22:55
US Economy Grew 5.2% in Third Quarter, More Than First Estimated
The US economy grew at an even faster pace in the third quarter than originally estimated, reflecting upward
2023-11-29 22:29
Poland’s Top Refiner Orlen Plunges on New Windfall Tax Plan
Poland’s largest listed company Orlen SA tumbled the most in nearly two years on plans to force the
2023-11-29 22:29
Elliott Has $1 Billion Phillips 66 Stake, Seeks Board Seats
Activist investor Elliott Investment Management has built a $1 billion stake in Phillips 66 and plans to push
2023-11-29 22:24
Milei Announces Luis Caputo as Argentina’s Economy Minister
President-elect Javier Milei let slip his choice of economy minister during a radio interview Wednesday morning, saying that
2023-11-29 21:53
German Inflation Sinks More Than Expected as Energy Retreats
German inflation eased more than forecast in November on retreating energy and travel costs, putting the European Central
2023-11-29 21:29
India’s Cricket Body Lands Byju’s in Court for Missed Payment
India’s cricket governing body has filed a case against the parent of cash-starved education provider Byju’s, a setback
2023-11-29 21:17
GM to Hike Dividend, Buy Back $10 Billion of Slumping Stock
General Motors Co. will boost its dividend by 33% and repurchase $10 billion of shares — its biggest-ever
2023-11-29 20:50
Philippines Markets Debut Islamic Bond Helped by Drop in Spreads
The Philippines marketed its first US-currency Islamic note, aiming to expand its funding base and capitalizing on a
2023-11-29 20:24
Bonds bask in talk of Fed interest rate cuts
By Tom Wilson LONDON Treasury yields and the dollar hit multi-month lows on Wednesday after a U.S. Federal
2023-11-29 20:23
Sibanye Cuts US Jobs to Lower Costs After Palladium Slumps
Sibanye Stillwater Ltd. plans to cut jobs at its US platinum-group metals operations to lower costs, after palladium
2023-11-29 19:53