Dip Buyers Scorched by Cratering Bank Stocks Rush for the Exits
The fear-driven selloff that’s cut the stock-market values of some banks in half may look like a perfect
2023-05-14 22:58
Argentina to Boost Rates by 600 Basis Points as Inflation Soars
Argentina is preparing a set of emergency measures, including raising its key interest rates by 600 basis points
2023-05-14 22:21
The Fed probably won't cut rates anytime soon. Why that's good news for markets
Wall Street is eager to see the Federal Reserve wind down its aggressive rate-hiking cycle that's battered markets and tested investor morale. Although a pause in interest rate hikes appears likely, cuts may be farther off than some believe.
2023-05-14 20:26
Amundi to Abrdn See Emerging-Market Currencies on Cusp of Rally
Some of the world’s biggest investors are backing emerging-market currencies to outperform their rich-nation peers as monetary tightening
2023-05-14 20:25
EU Lawmaker Looks to Cap Windfall Profits in Power Price Crisis
The European Union should strengthen its emergency rules so that citizens don’t bear the brunt if electricity prices
2023-05-14 19:23
Thailand Exit Polls Shows Pro-Democracy Parties Leading Vote
Voting ended in Thailand’s national elections with a mix of pre- and post-election surveys showing pro-democracy parties leading
2023-05-14 19:15
Egypt Sells 9.5% Stake in Telecom Egypt for $121 Million
Egypt sold a 9.5% stake in state-run Telecom Egypt Co., raising more than 3.7 billion Egyptian pounds ($121
2023-05-14 17:51
Saudi Finance Firm Morabaha Seeks Up to $83.4 Million in IPO
Saudi Arabia-based Morabaha Marina Financing is seeking to raise as much as 312.9 million riyals ($83.4 million) from
2023-05-14 16:53
Fresh Gilt-Sale Blockbuster Is Coming as UK Lures Pension Funds
The UK’s sale of ultra-long gilts this week will offer the highest coupon in almost 15 years, a
2023-05-14 15:29
Why the UK’s Sluggish Growth Rate Is Too Much for the BOE
Britain’s economy is headed for a period of sputtering growth just above the threshold of a recession, but
2023-05-14 14:29
Germany’s Greens Head for Electoral Setback in Regional Vote
Germany’s Greens are heading for a setback in Sunday’s election in the city-state of Bremen, with voters expected
2023-05-14 14:29
Bean Shortage Drives Up Cost of Even the Cheapest Cup of Coffee
The global cost-of-living crunch has pushed coffee drinkers to get their fix from cheaper brews. But a shortage
2023-05-14 10:58