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UBS to pay $1.4 billion for selling toxic mortgages prior to the Great Recession
UBS to pay $1.4 billion for selling toxic mortgages prior to the Great Recession
The Justice Department announced on Monday that UBS has agreed to pay $1.4 billion in penalties for allegedly defrauding investors by selling mortgage-backed securities that blew up during the Great Recession.
2023-08-15 01:53
Collapse of Ukraine grain deal to have medium-term impact
Collapse of Ukraine grain deal to have medium-term impact
The collapse of the Black Sea export corridor, which allowed the export of more than 32 million tonnes of Ukrainian grain over the past year, should have little immediate impact but over the medium term...
2023-07-18 05:19
Yields on bills due in June fall on debt deal optimism
Yields on bills due in June fall on debt deal optimism
Yields on Treasury bills that are due in early June dropped on Tuesday on optimism that Congress will
2023-05-30 20:45
Vietnam Central Bank Going Slow on Rate-Cut Calls Amid Risks
Vietnam Central Bank Going Slow on Rate-Cut Calls Amid Risks
A month or so ago, Vietnam’s central bankers were rushing to ease monetary policy, sometimes within hours of
2023-07-17 16:59
Morgan Stanley names Ted Pick as CEO
Morgan Stanley names Ted Pick as CEO
Morgan Stanley on Wednesday named Ted Pick as its new chief executive officer, effective Jan. 1. Pick replaces
2023-10-26 05:50
UK Exit of NatWest Stake Risks Delays After Farage Mess
UK Exit of NatWest Stake Risks Delays After Farage Mess
The leadership upheaval at NatWest Group Plc sparked by the Nigel Farage account controversy now risks delaying the
2023-08-21 17:21
How climate change could affect where and when people travel
How climate change could affect where and when people travel
This was the hottest summer on record across the globe, forcing many tourists to rethink how and where they travel
2023-09-26 21:17
UK sells government bond with highest yield since 1999
UK sells government bond with highest yield since 1999
LONDON Britain sold a government bond at auction on Wednesday that will pay investors an annual return of
2023-07-05 18:52
China struggles with weak post-COVID economic recovery
China struggles with weak post-COVID economic recovery
China's manufacturing and consumer spending are weakening after a strong start to 2023 after anti-virus controls ended
2023-06-12 10:24
Australia’s Sovereign Wealth Fund Warns on Higher Inflation Hit
Australia’s Sovereign Wealth Fund Warns on Higher Inflation Hit
Australia’s sovereign wealth fund posted a 6% annual gain as it warned that high inflation would keep returns
2023-08-30 08:57
China-based 'Flax Typhoon' hackers targeting Taiwan govt: Microsoft
China-based 'Flax Typhoon' hackers targeting Taiwan govt: Microsoft
A China-based hacking group named "Flax Typhoon" has targeted dozens of Taiwanese government agencies with the likely aim of spying...
2023-08-25 11:22
The Taliban are outlawing women's beauty salons in Afghanistan
The Taliban are outlawing women's beauty salons in Afghanistan
A spokesman at Afghanistan's Vice and Virtue Ministry says the Taliban are banning women's beauty salons
2023-07-04 23:29