Egypt Races to Solve Currency Dilemma in Hunt for Gulf, IMF Cash
What comes first, another currency devaluation or a wave of Gulf investment? Cash-strapped Egypt is racing to resolve
2023-05-23 15:20
Qatar Wealth Fund Sets up $275 Million Market-Making Program
The Qatar Investment Authority is setting up a 1 billion-riyal ($275 million) market-making program as the country seeks
2023-05-23 13:50
Analysis-US debt ceiling crunch threatens to roil complacent stock market
By Lewis Krauskopf NEW YORK Strategists at some of Wall Street’s biggest banks are sounding increasingly worried about
2023-05-23 13:17
Boxed Out: Why safe deposit boxes are harder to find
By Chris Taylor NEW YORK As any fan of spy thrillers knows, there is only one place to
2023-05-23 12:16
Record number of British firms pessimistic about China business - survey
By Joe Cash BEIJING (Reuters) -A record number of British companies are pessimistic about doing business in China and are
2023-05-23 12:15
Bankers See Asia-Middle East Dual Listings as a Budding Trend
Dual listings between the Middle East and Asia are expected to become a new trend as investment flows
2023-05-23 11:27
Oil Edges Higher as Traders Track Talks to Head Off US Default
Oil rose after US House Speaker Kevin McCarthy said he and President Joe Biden had a productive talk
2023-05-23 08:29
Debt ceiling deal: The sticking points holding things up
President Biden and US lawmakers are trying to hash out a deal ahead of a 1 June debt ceiling deadline.
2023-05-23 05:17
Yellen warns Congress again that default could be just days away
Treasury Secretary Janet Yellen reinforced her warning to Congress that it has only a little time left to address the debt ceiling before the nation defaults on its obligations.
2023-05-23 04:54
Buy the dip? If the debt ceiling isn't resolved soon, markets will likely slide
If the United States defaults on its debt, it would be catastrophic for the economy. Millions of jobs would be impacted, the cost of borrowing money would skyrocket and government benefits many people rely wouldn't be sent on time.
2023-05-23 03:28
ECB's de Cos still sees 'some way to go' on policy tightening
MADRID The European Central Bank still needs to raise its interest rates further and then leave them in
2023-05-23 01:53
More cash, fewer bonds: How corporate America can prepare for a US default
The White House and congressional Republicans have yet to reach a debt ceiling deal, and a US default looms. Business owners, and the rest of the country, are in wait-and-see mode, bracing for possible recession and job losses should a default happen.
2023-05-23 01:29