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Yi Gang Ends PBOC Governor Tenure Marked by Restrained Policy
Yi Gang Ends PBOC Governor Tenure Marked by Restrained Policy
Yi Gang ends a five-year tenure at the helm of China’s central bank that’s been marked by a
2023-07-26 16:23
Fed Chair Powell could signal the likelihood of high rates for longer in closely watched speech
Fed Chair Powell could signal the likelihood of high rates for longer in closely watched speech
When Federal Reserve Chair Jerome Powell delivers a high-profile speech Friday in Jackson Hole, Wyoming, many analysts think he could make one thing clear: That the Fed plans to keep its benchmark interest rate at a peak level for longer than had been expected
2023-08-25 12:25
Disinflation Spreads in Emerging Markets and Selloff Deepens
Disinflation Spreads in Emerging Markets and Selloff Deepens
A selloff in emerging markets accelerated Tuesday after data releases from China to Hungary underscored the price nations
2023-08-09 00:46
Analysis-Funds punished for owning too few Nvidia shares after stunning 230% rally
Analysis-Funds punished for owning too few Nvidia shares after stunning 230% rally
By Lewis Krauskopf NEW YORK Nvidia Corp’s soaring rally has thrilled investors this year - except for the
2023-08-30 13:23
UK to work more closely with EU on financial services
UK to work more closely with EU on financial services
The UK and EU pact is being seen as a step towards better relations over financial services.
2023-06-27 19:15
Petrobras Eases Fears of Fuel Intervention in Policy Shift
Petrobras Eases Fears of Fuel Intervention in Policy Shift
Brazilian oil giant Petrobras is shielding domestic consumers from volatile global fuel-market gyrations, bowing to pressure from President
2023-05-17 06:27
Abrdn’s Head of Equities Says Invest Anywhere, ‘Just Not the US’
Abrdn’s Head of Equities Says Invest Anywhere, ‘Just Not the US’
Devan Kaloo had a stark message for clients he visited in Spain last week: put your money into
2023-10-23 16:55
US single-family starts rebound; soaring mortgage rates cast a shadow
US single-family starts rebound; soaring mortgage rates cast a shadow
By Lucia Mutikani WASHINGTON (Reuters) -U.S. single-family homebuilding rebounded in September, boosted by demand for new construction amid an acute
2023-10-18 23:29
UK political watchdog says Prime Minister Rishi Sunak 'inadvertently' broke ethics rules
UK political watchdog says Prime Minister Rishi Sunak 'inadvertently' broke ethics rules
British Prime Minister Rishi Sunak has been chided by Parliament’s standards guardian for failing to declare his wife’s financial interest in a childcare firm that stood to benefit from government policy
2023-08-24 16:49
Billionaire and Tottenham Hotspur owner Joe Lewis indicted in US for ‘brazen insider trading’
Billionaire and Tottenham Hotspur owner Joe Lewis indicted in US for ‘brazen insider trading’
Joe Lewis, the UK billionaire and owner of the Tottenham Hotspur football club, has been indicted in the US for what officials called a “brazen” set of insider trading schemes. “He used inside information as a way to compensate his employees or shower gifts on his friends and lovers,” US Attorney Damian Williams said in a video statement on Tuesday. “That’s classic corporate corruption,” he added. “It’s cheating, and it’s against the law.” The Independent has contacted Tottenham for comment, as well as Tavistock Group, the investment office founded by Mr Lewis. This is a breaking news story and will be updated with new information.
2023-07-26 07:26
Rights group sues Ethiopian Airlines for 'discriminating' against Tigrayans
Rights group sues Ethiopian Airlines for 'discriminating' against Tigrayans
National flag carrier Ethiopian Airlines has been summoned for a court hearing Friday over claims by a human rights group that it discriminated against travellers from Tigray, according...
2023-06-07 23:56
UAW strike set to hit deep into the industry's supply base
UAW strike set to hit deep into the industry's supply base
By Timothy Aeppel Jeffrey Aznavorian has already cut output about 6% at his small auto parts factory outside
2023-09-22 23:56