Lula Irked by Central Bank’s Lack of Clarity on Rate Cuts
President Luiz Inacio Lula da Silva and his economic team were irked by some highly-anticipated comments from the
2023-06-22 20:52
Bank of England’s Shock Rate Rise Divides UK Economist Reaction
The Bank of England’s shock decision to raise borrowing costs a half percentage point divided business groups, consumer
2023-06-22 20:52
EU Seeks Further US Remedies Over Green Stimulus Spat
The European Union is pushing the US for further remedies to address issues related to President Joe Biden’s
2023-06-22 20:18
Platt’s BlueCrest Dodges UK Demand for $700 Million Compensation
Michael Platt’s investment firm BlueCrest Capital Management, which is fighting a multi million pound UK fine, won a
2023-06-22 20:18
BBVA Boosts Private Banking Presence Amid Spain’s Wealth Influx
Banco Bilbao Vizcaya Argentaria SA is boosting its Spanish private banking operations at a time when rich Latin
2023-06-22 18:46
Europe’s Inflation Retreat to Be Hindered by Cheap German Travel
Germany’s rollout of ultra-cheap public transport last summer is set to reverberate through its upcoming inflation readings, causing
2023-06-22 17:46
Norway Raises Rate by Half Point to Ramp up Inflation Fight
Norway’s central bank accelerated interest-rate increases and pledged more aggressive tightening, intensifying its response to stubborn inflation and
2023-06-22 17:29
EU Banks Expand Risk Scenarios They Face From Climate Change
European banks are building out their risk models to better prepare for the fallout from climate change, with
2023-06-22 17:25
Samurai Bond Market Lures EDF With Busiest Start in Five Years
Dovish Bank of Japan monetary policy is fueling the busiest start to issuance in Japan’s domestic bond market
2023-06-22 17:22
Indonesia, Philippine Stand Pat Amid Easing Price Pressures
Central banks in Indonesia and the Philippines kept borrowing costs unchanged as expected, with both signaling rates will
2023-06-22 17:21
Philippine Stock Benchmark Nears Correction as Tax Plan Weighs
The Philippine benchmark stock index came close to a technical correction, after a tax plan on food products
2023-06-22 17:18
China’s Cnooc Plans Offshore Oil, Gas Exploration in Tanzania
China’s Cnooc Ltd. is planning offshore oil and gas exploration with state-owned Tanzania Petroleum Development Corp. as the
2023-06-22 16:51