Cost of insuring vs US default increases before vote on debt ceiling bill
NEW YORK The cost of insuring exposure to a U.S. debt default rose on Wednesday, with investors focused
2023-06-01 01:18
Fed Isn’t Finished Raising Interest Rates to Fight Inflation, Larry Fink Says
BlackRock Inc. Chief Executive Officer Larry Fink said stubbornly high inflation will force the Federal Reserve to raise
2023-06-01 00:47
German Inflation Slows Significantly as ECB Hikes Near End
Germany joined its major euro-zone peers in reporting a steep slowdown in inflation — underscoring arguments by some
2023-05-31 21:23
US Mortgage Rates Rise to Near Seven-Month High of 6.91%
US mortgage rates surged to the highest level since early November last week, stifling demand for home purchases
2023-05-31 21:22
Europe’s Bond Rally Shows How Economic Cracks Are Spreading
European government bonds rallied while the euro and risk-sensitive Nordic currencies sank as cooling inflation prints and weak
2023-05-31 20:26
Services Sector Shields Indian Economy From Still-High Rates
India’s economy grew faster than the government’s expectations last year, as demand spurred an expansion in the services
2023-05-31 20:17
Analysis-Struggling China local governments find a fundraising loophole, lifeline in "pearl bonds"
SHANGHAI/HONG KONG China's cash-strapped local governments have suddenly rushed to an unusual corner of the debt market in
2023-05-31 19:48
ECB Warns Rate Hikes Are Putting Market Stability at Risk
The European Central Bank said that financial markets will be vulnerable to negative shocks as it continues the
2023-05-31 18:27
SBB Woes Deepen After Holding Company Skips Hybrid Bond Payment
The crisis engulfing Swedish landlord SBB worsened after the chief executive officer’s investment company skipped interest payments on
2023-05-31 16:22
Mexico Coke Bottler Femsa Sells €3.3 Billion Heineken Stake
Mexican Coca-Cola bottler Femsa sold about €3.3 billion of its shares in the Heineken Group, divesting its stake
2023-05-31 15:47
French Inflation Slows More Than Expected to Weakest in Year
French inflation eased more than anticipated, reaching its lowest level in a year in a boost to those
2023-05-31 15:21
Thailand Raises Key Rate to 8-Year High to Win Inflation Fight
Thailand’s central bank raised its benchmark interest rate to the highest level in eight years to anchor inflation
2023-05-31 15:15