BOE Unveils Stress Test Plan for Dozens of Banks, Asset Managers
The UK’s largest banks and asset managers will be tested against a hypothetical shock worse than last year’s
2023-11-10 18:28
China’s Under-Developed CDS Market Worsens Real Estate Pain
After a major default, investor attention usually turns to the potential payout from credit default swaps, a type
2023-11-10 18:27
How to talk to older people in your life about scams
Last year, consumers lost $8.8 billion to scammers, and the Federal Trade Commission says older adults lost the most money compared to other age groups
2023-11-10 18:24
On Argentina’s Pampas, Farmers Are All In on Libertarian Milei
Daniel Calaon is like most farmers on Argentina’s fertile plains — a fan of the libertarian maverick Javier
2023-11-10 18:23
Lemssouguer’s Arini Hedge Fund Among Signa Unit Bondholders
Arini, the hedge fund founded by former Credit Suisse debt trader Hamza Lemssouguer, is among the largest bondholders
2023-11-10 18:22
Thailand Goes Ahead With $14 Billion Handout to Prop Economy
Thailand unveiled a $14 billion cash handout to jumpstart its economy, trimming the size of the planned stimulus
2023-11-10 18:15
Tokyo Electron Lifts Outlook After China Chip Growth Quickens
Tokyo Electron Ltd. raised its full-year earnings and revenue targets after demand from China for its chipmaking equipment
2023-11-10 17:58
Kishida’s Cabinet Approves $87 Billion Extra Budget
Japan’s cabinet approved a ¥13.2 trillion ($87.2 billion) extra budget to support Prime Minister Fumio Kishida’s latest economic
2023-11-10 17:52
Swiss Banks Get Police Tips on How to Spot Hamas Financing
Swiss police sent a tip-sheet to several banks and asset managers on how to spot suspicious payments directed
2023-11-10 17:51
China’s Property Risks ‘Manageable,’ PBOC Governor Says
China’s property sector risks are under control, central bank Governor Pan Gongsheng said, amid heightened concern over the
2023-11-10 17:51
Weight-loss drug maker Novo Nordisk invests $6 billion to boost output
COPENHAGEN Novo Nordisk said on Friday it will invest more than 42 billion crowns ($6 billion) in its
2023-11-10 17:27
Hong Kong Lowers 2023 GDP Expectations as Recovery Sputters
Hong Kong lowered its economic growth forecast for this year in a sign that tough times are still
2023-11-10 16:56