Higher-for-Longer Mantra Starts to Weigh on Emerging-Market Debt
Emerging-market central banks are joining their developed peers in pushing back against expectations of a rapid switch to
2023-09-03 21:24
Hunt Pledges Commitment to UK Steelmaking After Tata Aid Report
UK Chancellor Jeremy Hunt said the government is committed to producing steel in Britain after a report of
2023-09-03 21:23
South Africa’s Eskom to Cut 5,000 MW From Grid Until Monday
South Africa’s state-owned power company plans to implement rolling power cuts as multiple generation unit failures compounded the
2023-09-03 21:19
The Fed likely won't raise rates this month — but November is another matter
Last week's economic data increasingly gave investors hope that the Federal Reserve could hold interest rates steady this month, following a hike in July that brought rates to their highest level in 22 years. But the Fed hasn't ruled out additional rate increases, and that could still happen unless inflation slows further.
2023-09-03 20:25
UBS’s Ermotti Says Bank Size Presents No Danger for Switzerland
UBS Group AG’s chief executive officer sought to allay concerns about the banking giant’s size after the takeover
2023-09-03 20:24
Bailey Faces a Grilling, and Summer’s Back: Sunday UK Briefing
Hi again. Here’s what we’re talking about heading into the new week. The big talker: Parliament’s back, and
2023-09-03 20:19
Meloni to Watch Ferrari at F1 GP, Skipping Investor Forum
Investors hoping to hear from Giorgia Meloni at the annual Ambrosetti Forum — particularly on her interventionist moves
2023-09-03 19:28
Bank of Israel to stay on hold as inflation eases but hike cycle may not be done: Reuters poll
By Steven Scheer JERUSALEM Israel's central bank is expected to leave short-term interest rates unchanged this week, as
2023-09-03 19:23
Ukraine Recap: Russia Targets Odesa Region With Swarm of Drones
Russia launched several waves of Shahed loitering drones overnight, with many aimed at port facilities and other infrastructure
2023-09-03 18:20
Lab-Grown Gems Are Crashing Prices for One Key Type of Diamond
One of the world’s most popular types of rough diamonds has plunged into a pricing free fall, as
2023-09-03 17:54
Saudi PIF to Create Steel Giant with $3.3 Billion Sabic Deal
Saudi Arabia’s sovereign wealth fund is set to create a new steel giant with the acquisition of the
2023-09-03 16:29
Europe’s Retail Bond Rush Shows Household Savers’ Growing Clout
A pair of bond sales in the past week shows how European governments are increasingly turning to households
2023-09-03 15:54