China State Fund Buys Bank Shares, Fueling Market Rescue Hopes
China’s sovereign wealth fund increased its stake in the nation’s biggest banks for the first time since 2015,
2023-10-12 08:55
Asia Stocks to Rise After US Brushes Off Hot PPI: Markets Wrap
Equity markets in Asia are poised to open higher after US shares gained for a fourth day as
2023-10-12 08:27
Oil Erases Most of War Premium as Supply Impact Remains Limited
Oil was little changed after erasing most of the surge following Hamas’ attacks on Israel over the weekend.
2023-10-12 08:18
Albemarle Extends Liontown Due Diligence as Rinehart Buys Stake
Lithium giant Albemarle Corp. was granted a short extension as it aims to wrap up its due diligence
2023-10-12 07:55
Barclays CEO Warns Banking Deal Revival Still Some Way Off
Stagnant deal activity, easing volatility and peaking interest rates are set to compound pressure on bank earnings, according
2023-10-12 07:49
Fed QT mix may be capping, not spurring, long yields: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) -The recent surge in long-dated U.S. bond yields to their highest since 2007 has
2023-10-12 07:19
Microsoft Plans to Contest IRS Claim It Owes $28.9 Billion in Back Taxes
Microsoft Corp. will appeal a decision by the US Internal Revenue Service that the software maker owes at
2023-10-12 06:27
Syndicated Loans Pose Systemic Risks, Regulator Warns
A Democrat on the US Securities and Exchange Commission is warning that syndicated loans sold widely to investors
2023-10-12 05:59
Fed’s Collins Says Rates Close to, Possibly at Peak Level
Federal Reserve Bank of Boston President Susan Collins said officials are taking a more patient approach to monetary
2023-10-12 05:48
Most Fed officials expect one more interest rate hike and that they'll remain elevated for a while, minutes show
Most Federal Reserve officials said last month that they expect one more rate hike, according to minutes from their September policy meeting released Wednesday. Some officials said that how fast inflation cools in the coming months will determine how long rates remain elevated.
2023-10-12 02:24
Despite rout, bond strategists stay tethered to falling yield forecasts
By Sarupya Ganguly BENGALURU Bond market strategists are holding on to their forecasts for U.S. Treasury yields to
2023-10-12 02:18
Billionaire Paolo Rocca Has a Plan B for Lithium If Alpha Bid Fails
Billionaire Paolo Rocca’s steel and energy group will enter the lithium business one way or another — saying
2023-10-12 01:47