Selloff in Long-Maturity Treasuries Squeezes Recession Wagers
The Treasury yield curve has steepened this week, but the shift is unnerving investors as it comes through
2023-08-04 14:22
Wheat Gains as Russia Halts Novorossiysk Port Traffic on Attack
Wheat futures rose after the Novorossiysk port was closed to marine traffic by Russian authorities following a drone
2023-08-04 14:20
Commerzbank Lifts Outlook for Lending as Rate Boost Persists
Commerzbank AG raised its outlook for lending income and said it will seek approval for another buyback as
2023-08-04 14:16
Buffett’s Favored Japan Trading Firms Post Solid Earnings
Japanese trading houses — a darling of Warren Buffett’s — posted strong earnings last quarter, despite a drop
2023-08-04 13:53
Egypt Surprises With Rate Hike Even as Devaluation Delayed
Egypt unexpectedly resumed its cycle of monetary tightening, seeking to tame inflation that’s running at an all-time high.
2023-08-04 13:49
UAE’s $60 Billion Firm Chases Global Deals Despite Vodafone Snag
Vodafone Group Plc’s biggest shareholder is pushing ahead with an ambitious global expansion strategy, undeterred by a slump
2023-08-04 13:23
Hefty Outlier Bet Shows Traders Are Split Over BOE’s Next Move
In the eyes of one investor at least, the Bank of England’s interest-rate hike on Thursday was the
2023-08-04 12:57
Singapore’s 2023 F1 Race Will Go Ahead as Planned, Minister Says
Singapore’s preparations for this year’s Formula One Grand Prix are at an advanced stage and the race will
2023-08-04 12:49
Poland Nears Coal Glut Prompting Powerful Union to Raise Alarm
Poland’s hard-coal reserves have almost doubled since last year, prompting a powerful union to warn about the consequences
2023-08-04 12:26
China Scraps Australian Barley Tariffs in Place Since 2020
China will scrap anti-dumping and anti-subsidy tariffs on Australian barley, effective from Aug. 5, China’s commerce ministry said
2023-08-04 11:48
AI Boom Fuels 487% Stock Surge for South Korean Family
As investor interest in artificial intelligence sends shares of technology giants soaring, a little-known circuit board maker in
2023-08-04 10:59
Jokowi’s EV Ambition Takes A Step Forward With Cathode Factory
President Joko Widodo’s ambition of building out Indonesia’s electric-vehicle supply chain is seeing another step forward with plans
2023-08-04 10:52