Dollar weakens as Powell's testimony offers little surprise; sterling steady
By Rae Wee SINGAPORE The dollar languished near a one-month low against a basket of currencies on Thursday,
2023-06-22 09:47
Finance Chief Says Colombia Could Cut Key Rate by September
Colombia could potentially start to ease monetary policy within three months as inflation cools and the peso stabilizes
2023-06-22 08:59
Asia Stocks Face Headwinds After US Extends Slump: Markets Wrap
Asian stocks face downward pressure at the start of trading Thursday after US equities extended declines, with Federal
2023-06-22 06:56
Sunak Struggles to Contain Tory Anxiety Over UK Mortgages
Prime Minister Rishi Sunak faces mounting pressure from members of his Conservative Party to help Britons struggling with
2023-06-22 05:47
Marketmind: Hawkish Powell keeps markets on defense
By Alden Bentley A look at the day ahead in Asian markets from Alden Bentley, Breaking News Editor
2023-06-22 05:45
Bill to Claw Back Bank Executives’ Bonuses Gets Senate Panel’s Approval
Top executives at lenders that collapse risk having their bonuses clawed back under legislation that’s gaining bipartisan support
2023-06-22 04:51
Traders Bailed Out of Nasdaq ETF Just as It Started Falling
For all of the times this year that Wall Street has been caught off guard by the moves
2023-06-22 03:52
Fed’s Bostic Says Bar to Justify Further Rate Hikes Is Higher
Federal Reserve Bank of Atlanta President Raphael Bostic said he supports holding the central bank’s target-rate level and
2023-06-22 02:54
Powell Signals Higher Rates as Lawmakers Press Him on Bank Rules
Federal Reserve Chair Jerome Powell said policymakers expect interest rates will need to move higher to reduce US
2023-06-22 02:54
FTC Sues Amazon for Hindering Consumer Attempts to Cancel Prime
The US Federal Trade Commission sued Amazon.com Inc. Wednesday, alleging the e-commerce giant duped consumers into signing up
2023-06-22 01:17
SoftBank’s Vision Fund to Start Job Cuts as Soon as This Week
SoftBank Group Corp.’s Vision Fund is preparing to start another round of layoffs as soon as this week,
2023-06-22 00:52
Money Funds See $5.5 Trillion Pile Growing as Tool Kit Expands
The US money-market industry, one of the big winners on Wall Street as the Federal Reserve hiked interest
2023-06-21 21:58