Curb use of dollar Libor alternatives to Fed rate, says watchdog
By Huw Jones LONDON The use of four dollar-denominated alternatives to the now scrapped Libor interest rate need
2023-07-04 00:29
Tesla shares rise on strong sales report
Tesla shares shot up 5% Monday after it reported stronger-than-expected quarterly sales. Tesla's stock is building on an already strong run this year.
2023-07-04 00:28
China hits back in the chip war, imposing export curbs on crucial raw materials
Beijing will impose export controls on two rare elements essential for manufacturing semiconductors, in apparent retaliation after the United States and Europe restricted chip exports to China.
2023-07-04 00:20
Turkey pledges to keep tightening until inflation outlook improves
By Orhan Coskun, Ezgi Erkoyun and Huseyin Hayatsever ANKARA Turkey will continue its monetary policy U-turn, which began
2023-07-03 23:50
Top Credit Suisse Banker in Qatar Set to Join Middle East Exodus
Aladdin Hangari, one of Credit Suisse’s top private bankers in the Middle East, is in advanced talks to
2023-07-03 23:22
Ambani’s Jio Unveils $12 Phone That Streams Video, Moves Money
Billionaire Mukesh Ambani’s group Monday announced an internet-enabled phone at an entry price of 999 rupees ($12) as
2023-07-03 23:00
Mozambique 'tuna bond' case against Credit Suisse can proceed, UK judge rules
By Kirstin Ridley LONDON (Reuters) -Mozambique's blockbuster lawsuit against Credit Suisse and others over the $2 billion "tuna bond" scandal
2023-07-03 22:56
Supreme Court Throws Out Biden’s Student-Loan Relief Plan
The US Supreme Court tossed out President Joe Biden’s plan to slash the student debt of more than
2023-07-03 22:55
Treasury Yield-Curve Inversion Approaches Multi-Year Extreme
A key segment of the US Treasury yield curve approached its most inverted level in decades Monday as
2023-07-03 22:52
US construction spending beats expectations in May on housing
WASHINGTON U.S. construction spending increased more than expected in May as a severe shortage of houses for sale
2023-07-03 22:51
Avoid Private Equity Stocks as Rates Rise, JPMorgan Analysts Say
Europe’s private equity firms are a bad bet for stock investors as the industry grapples with depressed dealmaking
2023-07-03 22:50
U.S. manufacturing extends slump in June - ISM survey
WASHINGTONU.S. manufacturing slumped further in June, reaching levels last seen when the economy was reeling from the initial
2023-07-03 22:49