G20 watchdog to study Silicon Valley Bank, Credit Suisse turmoil
By Huw Jones LONDON How rules are applied to banks and the calculation of their liquidity buffers should
2023-06-01 17:47
Euro-Area Core Inflation Eases But Won’t Stop ECB Raising Rates
Underlying inflation in the euro zone dipped by more than expected, though the retreat is unlikely to stop
2023-06-01 17:30
Fear of US-China Conflict Looms Over Singapore Defense Forum
Asian leaders accustomed to straddling the US-China divide are increasingly nervous that tensions between the world’s two superpowers
2023-06-01 17:29
Sean 'Diddy' Combs accuses liquor giant Diageo of racism in lawsuit
Music producer and rapper Sean "Diddy" Combs is suing spirits company Diageo, accusing it of neglecting their business agreement and failing to invest in his...
2023-06-01 17:28
Senate races to avert default but vote timing unclear for debt limit bill
Senators are racing the clock to pass a bill to to suspend the nation's debt limit through January 1, 2025 -- but it's not yet clear when a final vote will take place as the threat of default looms.
2023-06-01 17:16
Larry Summers Sees UK Recession After ‘Historic Error’ on Brexit
Larry Summers has said he would be “very surprised” if the UK gets through the next two years
2023-06-01 16:54
Russia’s Rupee Trap Is Adding to $147 Billion Hoard Abroad
A lopsided trade relationship with India is forcing Russia to accumulate up to $1 billion each month in
2023-06-01 16:52
Europe’s Unused Coal Heads to New Shores in Post-Crisis Glut
Traders are seeking buyers for piles of unused coal before it becomes worthless after the fuel was hoarded
2023-06-01 16:50
ECB’s Knot Says 2024 Rate-Cut Bets May Have to Be Adjusted
European Central Bank Governing Council member Klaas Knot said it’s “not unlikely” that investors will have to adjust
2023-06-01 16:49
Singapore, China Agree to Set Up High-Level Defense Hotline
China and Singapore agreed to work toward establishing a secure defense telephone link for high-level communications, as the
2023-06-01 16:48
Pakistan Moves to Ease Pressure on Rupee in Retail Market
Pakistan moved to ease pressure on the rupee in the open market, sending the currency surging in the
2023-06-01 16:48
Asian Gas Premium Puts Europe in Competiton for LNG This Summer
Spot prices for liquefied natural gas in Asia are trading at a consistent premium over the European benchmark
2023-06-01 16:28