Fed's Powell in the spotlight as pressure grows to 'fish or cut bait' on rates
By Howard Schneider WASHINGTON Wall Street, small businesses and potential homebuyers may all breath a sigh of relief
2023-05-19 18:24
Turkish banks restrict credit access amid pre-runoff uncertainty
By Nevzat Devranoglu and Ebru Tuncay ANKARA Turkish banks have restricted access to some individual loans and postponed
2023-05-19 18:22
Britain unveils $1.2B strategy to boost computer chip industry
Britain’s government has unveiled its long-awaited semiconductor strategy
2023-05-19 18:19
Turkey's net FX reserves hit 21-year low of $2.3 billion before vote
ANKARA The Turkish central bank's net international reserves dropped some $4.45 billion to a 21-year low of $2.33
2023-05-19 18:17
ECB eyes additional steps to tackle bank deposit risks
MILAN The European Central Bank is considering whether requirements tailored for individual lenders could help address the risks
2023-05-19 17:58
Hong Kong exchange to roll out new dual counter model in June
The Hong Kong Stock Exchange said on Friday it would launch the new dual counter trading model on
2023-05-19 17:55
VW completes sale of Kaluga plant in Russia
BERLIN Volkswagen has completed the sale of its Kaluga production plant in Russia and its local subsidiaries, the
2023-05-19 17:53
Libya’s Oil Chief Sees Output Hitting Decade High by Year End
Libya is aiming to boost oil production by about 8% by December, a level that would catapult it
2023-05-19 17:18
Hot Credit Suisse CDS Trade Risks Being Wrecked by Hedge Funds
Hedge funds looking to trigger payouts on derivatives tied to Credit Suisse Group AG are clashing with investors
2023-05-19 17:17
India Court Panel Doesn’t See Regulatory Failure in Adani Case
An expert committee, appointed by India’s top court, has said in its interim report that it doesn’t see
2023-05-19 16:52
Warming World Risks Adding 9 Million Deaths Annually, WHO Says
Rising temperatures are making it increasingly difficult to reach global health goals. There is a risk of more
2023-05-19 16:29
BOJ's Ueda vows to maintain easy policy given economic uncertainty
By Leika Kihara TOKYO Bank of Japan (BOJ) Governor Kazuo Ueda said on Friday the central bank is
2023-05-19 16:28