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
SVB and Signature Bank execs set to testify before the Senate this week
Despite the looming debt ceiling crisis that has taken center stage in Washington in recent weeks, lawmakers haven't forgotten about the other financial crisis this year: the March bank failures that set off turmoil in the regional banking sector.
2023-05-14 19:49
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
Scholz Welcomes Zelenskiy to Berlin With Pledge of Continued Aid
Chancellor Olaf Scholz made a personal pledge to Ukrainian President Volodymyr Zelenskiy that Germany will continue to support
2023-05-14 19:22
Turkey Latest: High Turnout Expected in Sharply Split Vote
More than 60 million voters are set to cast ballots on Sunday in Turkey’s most pivotal elections in
2023-05-14 18:45
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
Russia Row Raises South Africa Investor Risk as Economy Founders
Investors have spent months fretting about everything from South Africa’s daily blackouts to inadequate laws on terror financing
2023-05-14 16:49
Japan, US, SKorea Set to Meet During G-7 Summit to Bolster Ties
The leaders of Japan, the US and South Korea plan to hold a trilateral meeting in Hiroshima this
2023-05-14 16:45
Ukraine Latest: Zelenskiy in Berlin to Meet With German Leaders
President Volodymyr Zelenskiy arrived in Berlin overnight, where he’s expected to hold talks with Chancellor Olaf Scholz and
2023-05-14 15:57
Posing as Islamists, Russian Hackers Take Aim at Sweden
Since February, a mysterious hacker group calling itself Anonymous Sudan has targeted dozens of Swedish airports, hospitals and
2023-05-14 14:55
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