The AI boom is here. Is it too late to invest?
Wall Street has a lot to worry about -- recession and war in Europe, interest rate hikes, sticky inflation, and a softening US economy. But there's at least one sector of market euphoria keeping investors optimistic: artificial intelligence.
2023-06-12 19:51
Morgan Stanley, JPMorgan turn bullish on emerging market local bonds
LONDON Morgan Stanley has become the latest Wall Street bank to turn bullish on local emerging market bonds,
2023-06-12 19:50
Egypt Says India Is Providing Credit Line in Boost to Economy
India is providing Egypt with a credit line of unspecified value, Egyptian Supply Minister Ali El-Mosilhy said, in
2023-06-12 19:48
Investors Eye Nigeria Devaluation as Central Bank Chief Ejected
Emerging-market investors are looking at a devaluation of Nigeria’s naira after the suspension of the country’s central bank
2023-06-12 19:20
Recession risks still loom for markets calmer after banking turmoil
The euro zone has slipped into recession and Chinese data has disappointed, warning signs for world markets relieved
2023-06-12 18:28
London Office Market Will Weaken Further, Goldman Analysts Warn
The London office market is deteriorating — and things are likely to get worse, according to Goldman Sachs
2023-06-12 18:25
Markets in a spin ahead of interest rate decisions
A look at the day ahead in U.S. and global markets from Dhara Ranasinghe. It's a big week
2023-06-12 18:21
War Spilling Into Russian Regions Adds to Risks Haunting Economy
President Vladimir Putin’s invasion of Ukraine has cost Russia tens of billions of dollars as sanctions squeeze its
2023-06-12 17:26
Fed Backs Away From Wages Focus, Bolstering Case for Rate Pause
Federal Reserve officials are rethinking their view that wage gains are fueling inflation, a key intellectual shift that
2023-06-12 17:25
European stocks rise ahead of inflation data, central bank meetings
By Elizabeth Howcroft LONDON (Reuters) -European stocks rose in early trading on Monday and world stocks were just below 13-month
2023-06-12 17:20
Credit Suisse's Exit From Stock Benchmark Shows Fading Heft of Swiss Financials
Credit Suisse Group AG’s imminent exit from the Swiss Market Index is symbolic of the decreasing importance of
2023-06-12 16:20
Winning Streak for Japan Stocks May Lose Steam Toward Year-End
The rally in Japanese stocks that pushed the nation’s blue-chip gauge ahead of the world’s other major benchmarks
2023-06-12 15:58