Tinubu Orders Probe of Operations of Nigeria’s Central Bank
Nigerian President Bola Tinubu, weeks after he suspended the nation’s central bank governor, appointed a special investigator to
2023-07-31 20:47
Adani Group in Talks to Raise $1.8 Billion From India Bond Sales
Billionaire Gautam Adani’s conglomerate plans to tap India’s bond market to raise up to 150 billion rupees ($1.8
2023-07-31 20:45
Dubai’s Biggest Lender Names Asarpota CEO of Investment Bank Arm
Emirates NBD PJSC appointed Hitesh Asarpota as chief executive officer of its investment banking division, replacing Mohammad Al
2023-07-31 20:17
Pakistan Keeps Rate at Record Despite IMF Call for Tightening
Pakistan’s central bank kept its benchmark rate unchanged despite the International Monetary Fund calling for further tightening to
2023-07-31 19:55
Middle-income Americans think prosperity is within reach
It's a strange time for mid-sized banks in the US. The collapse of three regional banks earlier this year followed by the emergency merger of PacWest and Banc of California last week has created a shakeup in the industry that's been exacerbated by the Federal Reserve's continued efforts to raise interest rates.
2023-07-31 19:52
UBS to Dispose of Riskiest Credit Suisse Loans to Asian Clients
UBS Group AG is planning to exit billions of dollars in loans to Credit Suisse’s clients in the
2023-07-31 19:27
Heavy Rains Kill Two in Beijing as Storm Lashes Northern China
Torrential rains have damaged roads and killed two people in Beijing, state media reported on Monday, as remnants
2023-07-31 17:51
MUFG Says It Handled Credit Suisse Debt Sales ‘Mostly Properly’
Mitsubishi UFJ Financial Group Inc.’s brokerage venture said it handled sales of Credit Suisse’s riskiest debt properly for
2023-07-31 17:48
Citigroup lifts S&P 500's year-end target to 4,600
Citigroup raised its year-end target for the S&P 500 by 15% as it now sees a higher probability
2023-07-31 17:48
Euro Zone Returns to Growth as Core Inflation Stays Strong
The euro-area economy returned to growth while underlying inflation pressures persisted — supporting early arguments for the European
2023-07-31 17:46
UAE Oil Giant Adnoc Sets Tougher Climate Targets Before COP28
The biggest oil producer in the United Arab Emirates is setting itself more ambitious emissions-reduction targets as the
2023-07-31 17:22
China Exporters Flock to Swap Trading to Hold on to Dollars
A tool used by China exporters to get their hands on the yuan temporarily has hit a record,
2023-07-31 16:55