Bank of England’s Shock Rate Rise Divides UK Economist Reaction
The Bank of England’s shock decision to raise borrowing costs a half percentage point divided business groups, consumer
2023-06-22 20:52
Titanic Sub Search Vessel Reaches Sea Floor as Time Grows Short
A search vessel reached the sea floor near the wreck of the Titanic and began looking for a
2023-06-22 20:21
Zambian Currency and Eurobonds Rally on Bets of Debt Revamp Deal
Zambia’s currency and dollar bonds traded near multi-month highs, having chalked up double-digit gains so far this month
2023-06-22 17:47
EU Banks Expand Risk Scenarios They Face From Climate Change
European banks are building out their risk models to better prepare for the fallout from climate change, with
2023-06-22 17:25
Powell Defies DC Critics and Makes Case for Why Rates Must Rise
Jerome Powell would like to make one thing clear: the Federal Reserve is not done hiking interest rates.
2023-06-22 16:27
‘Disappointed and Underwhelmed’: Traders Brace for Turkey Rates
The bond market’s big wager that Turkey will return to economic orthodoxy faces its first major test later
2023-06-22 16:22
China’s Midea Drops Pursuit of Swedish Home Appliance Maker Electrolux
Midea Group Co. has dropped its pursuit of Electrolux AB after finding the Swedish home appliance maker unreceptive
2023-06-22 16:16
SNB Dials Down Interest-Rate Hiking With Only Quarter-Point Move
The Swiss National Bank delivered the smallest interest-rate hike since it began monetary tightening a year ago while
2023-06-22 15:55
Rupee Globalization to Spur Easier Trade, Ex-RBI Official Says
India’s efforts to internationalize the rupee are aimed at easing trade settlements with other nations, rather than contributing
2023-06-22 15:54
Thailand to Overhaul Listing Rules as Stocks Whacked by Scandals
Thailand plans to tighten listing rules as a major accounting scandal, debt defaults and unexplained share gyrations rattle
2023-06-22 13:15
Brazil Central Bank Keeps Interest Rate Unchanged at a Six-Year High
Brazil’s central bank kept its key interest rate unchanged at a six-year high and stopped short of endorsing
2023-06-22 09:52
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