Debt Talk Progress, US Rally Support Asia Stocks: Markets Wrap
Asian stocks were likely to find some support from signs of progress in debt-ceiling talks and gains in
2023-05-26 07:54
Yen Weakens Past 140 Per Dollar as Traders See Another Fed Hike
The yen weakened beyond 140 per dollar for the first time since November as traders moved to price
2023-05-26 04:20
Explainer-What would happen to a Treasury after default? Six key questions
By Karen Brettell The U.S. Treasury Department is at risk of defaulting on its debt if Congress doesn't
2023-05-26 03:25
CIBC Tops Estimates as Rates Boost Lending Profit Margins
Canadian Imperial Bank of Commerce reported an increase in its profit margin from loans in the fiscal second
2023-05-26 02:47
Extreme Debt-Ceiling Fears Abate Though Markets Still on High Alert
There has been a slight reduction in the fear premium being baked into Treasury bills that are most
2023-05-26 02:23
McCarthy Says Issues Remain in Debt Talks, All Won’t Be Happy
Speaker Kevin McCarthy said issues remain in negotiations with the Biden administration on raising the federal debt limit
2023-05-25 21:18
Turkey Holds Rate Again With Lira Feeling Heat Before Runoff
Turkey’s central bank extended its interest-rate pause for a third month as it tries to keep the lira
2023-05-25 19:22
ECB’s Guindos Says Wages, Margins Pose Upside Inflation Risk
European Central Bank Vice President Luis de Guindos said upside dangers to inflation stem from rising wages and
2023-05-25 18:57
Wanda in Talks to Refinance $275 Million Private Debt Facility
Chinese conglomerate Dalian Wanda Group Co. is in discussions with lenders to refinance a $275 million private debt
2023-05-25 17:19
Europe’s Banks Say They’re Back. So Why Doesn’t Anyone Buy Their Shares?
PacWest Bancorp lost $1 billion in one quarter, saw its stock drop 89% in two months, and has
2023-05-25 17:17
Mozambique Ex-Finance Chief Faces US Trial in Tuna-Bond Case
Mozambique’s former Finance Minister, Manuel Chang, is set to face charges in the US over his role in
2023-05-25 16:26
Bank Indonesia Holds Rate Steady Even as Risks to Rupiah Mount
Indonesia’s central bank held its benchmark interest rate for a fourth straight meeting, even as a deadlock in
2023-05-25 15:53