Westpac to layoff 300 workers in business and retail unit, says trade union
Australian lender Westpac Banking Corp will cut around 300 jobs in its consumer and business banking segments at
2023-06-12 11:28
UBS to Impose Risk Limits on CS With Deal Set to Close, FT Says
UBS Group AG will impose strict restrictions on bankers from Credit Suisse Group AG, including a ban on
2023-06-12 10:53
US Economy Remains ‘Very, Very Hot,’ Larry Summers Says
The US economy remains “very, very hot,” though not as much as it was six to 12 months
2023-06-12 10:46
China struggles with weak post-COVID economic recovery
China's manufacturing and consumer spending are weakening after a strong start to 2023 after anti-virus controls ended
2023-06-12 10:24
Goldman Expects ‘L-Shaped’ Recovery in China’s Property Market
China’s struggling real estate industry is expected to see an L-shaped recovery in the coming years, placing a
2023-06-12 10:23
Ex-Deputy Governor Sees No BOJ Normalization in Coming Months
The Bank of Japan is likely to stick with rock bottom interest rates in the near future including
2023-06-12 10:20
AMLO’s Party to Announce Mexican Presidential Candidate Sept. 6
Mexican President Andres Manuel Lopez Obrador’s ruling Morena party will announce its candidate for the 2024 Mexican presidential
2023-06-12 09:46
Eisai, Biogen Clinch FDA Advisers’ Support for Alzheimer’s Drug
Eisai Co.’s Alzheimer’s disease drug developed with Biogen Inc. gained support from advisers to US regulators, paving the
2023-06-12 09:22
Four Vietnam Police Officers Killed in Coffee Region Shootings
Vietnam police arrested 16 suspects after four officers were killed in shootings at police stations in the country’s
2023-06-12 09:21
Fed Will Keep Rates High Thanks to Inflation Fueled by Corporate Greed, Investors Say
Soaring corporate profits are a big part of the inflation problem, and keeping interest rates high is the
2023-06-12 08:28
Taiwan Extends Two-Year Rise in US Chip Exports Despite Downturn
Taiwan’s exports of chips to the US rose for a 26th consecutive month in May, defying a downturn
2023-06-12 07:59
Report: Billionaire investor, philanthropist George Soros cedes control of empire to a younger son
Billionaire investor turned philanthropist George Soros is ceding control of his $25 billion empire to a younger son, Alexander Soros, according to an exclusive interview with the Wall Street Journal published online Sunday
2023-06-12 07:54