Big central banks are still hiking rates but eye the end
LONDON Inflation is cooling, meaning major central banks can start to think about ending interest rate hikes even
2023-06-22 21:26
FDIC Chair Backs Stricter Capital Requirements for Midsize Banks
The regulator that oversaw the federal takeover of Silicon Valley Bank says the lender’s failure shows the need
2023-06-22 21:19
Turkey’s Lira Slumps After a Smaller-Than-Expected Rate Rise
Turkey’s central bank delivered a significantly smaller interest-rate increase than anticipated, as policy makers embark on what they
2023-06-22 20:53
Titanic Sub Search Vessel Reaches Sea Floor as Time Grows Short
A search vessel reached the sea floor near the wreck of the Titanic and began looking for a
2023-06-22 20:20
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
Recession obsession, AI boom and wild markets: What Wall Street can expect for the rest of 2023
The first half of 2023 has been a strange and volatile one for markets. Investors have had to contend with the possibility of recession and war in Europe, interest rate hikes (and pauses), sticky inflation and a softening US economy.
2023-06-22 19:58
Ocado Shares Soar on Reports of Bid Interest From Tech Firms Including Amazon
Ocado Group Plc shares jumped as much as 47% in London, the most in more than five years,
2023-06-22 18:47
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
Zambian Currency and Eurobonds Rally on Bets of Debt Revamp Deal
Zambia’s currency and dollar bonds traded near multi-month highs, having chalked up double-digit gains so far this month
2023-06-22 17:59
Nvidia Surge Fails to Rub Off on Those It Needs Most
While Nvidia Corp. shares have roughly tripled this year, those that the company relies on to produce the
2023-06-22 17:57
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