Asia Stocks Primed to Rally as Fed Rate Peak Nears: Markets Wrap
Asian equities were set to climb Thursday after US inflation slid to a two-year low, easing pressure on
2023-07-13 06:45
Warren Calls on Fed to Halt Interest Rate Hikes as Inflation Eases
Senator Elizabeth Warren called on the Federal Reserve to halt interest-rate increases as the US inflation rate slid
2023-07-13 06:24
Casino Bidders to Provide Improved Restructuring Plans by Friday
In the race to win control for debt-laden supermarket operator Casino Guichard-Perrachon, the two bidders are working to
2023-07-13 05:49
Dollar’s Epic Drop Sends Franc and Yen Surging as Traders Weigh Fed Path
A 14-month low in the US dollar is rippling through global currency markets as traders consider the impact
2023-07-13 00:50
Broadcom Megabond Inches Closer as Firm Seals EU Merger Nod
Broadcom Inc. is moving closer to selling a potential jumbo investment-grade bond after scoring approval from the European
2023-07-12 22:51
Hedge Funds’ US Treasury Bets Pose Stability Risk, Says BOE
A leveraged trade in US Treasury futures that has become popular among hedge funds poses a risk to
2023-07-12 17:27
Xi Keeps Focus on Emissions as China Seeks Energy Security
China’s President Xi Jinping called for greater efforts to curb carbon dioxide emissions, a signal the biggest polluter
2023-07-12 16:25
BOE Says Average Mortgage Holder to Pay About £3,000 a Year More
The Bank of England warned that UK households renewing their mortgage deals will probably have to pay almost
2023-07-12 15:18
Congo Struggles to Steady Franc Amid Conflict, Election Spending
The value of Democratic Republic of Congo’s currency continues to slide as security and pre-election spending, coupled with
2023-07-12 13:16
RBA to Reduce Meetings as Lowe Says More Hikes May Be Needed
Australian central bank Governor Philip Lowe said the rate-setting board will move to eight meetings a year from
2023-07-12 11:53
New Zealand Keeps Rates on Hold as Weak Economy Damps Inflation
New Zealand’s central bank kept interest rates unchanged for the first time in almost two years amid signs
2023-07-12 10:26
Australia Treasurer to Finalize RBA Governor With Cabinet ‘Soon’
Australian Treasurer Jim Chalmers said he expects to discuss with the government’s senior leadership team “soon” whether Reserve
2023-07-12 08:27