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
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
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