UK Borrowing on Track to Undershoot as Inflation Boosts Tax
An inflation-induced tax boom has left UK government borrowing on track to come in significantly below official forecasts
2023-10-20 15:47
Stock market today: Asian shares slip further as higher US 10-year Treasury yield pressures Wall St
Asian shares have retreated as the prospect of a 5% yield on the 10-year U.S. Treasury for the first time since 2007 added to pressure on Wall Street
2023-10-20 15:30
Relentless climb in Treasury yields may have further to run after surging to 5%
By David Randall and Davide Barbuscia NEW YORK Some investors believe a bond market selloff that has pushed
2023-10-20 15:27
BOE Governor Says UK Pay Growth Is Still Too High for Comfort
Bank of England Governor Andrew Bailey said pay growth is still too high to be consistent with getting
2023-10-20 15:15
Morgan Stanley Warns Against Buying the Dip in Chinese Stocks
Morgan Stanley is advising investors against buying the dip in Chinese stocks, warning that foreign funds may keep
2023-10-20 14:56
UK Retail Sales Fall More Than Expected in Spell of Warm Weather
UK retail sales tumbled more than expected as unusually warm weather deterred shoppers from spending on clothes for
2023-10-20 14:54
Europe Car Sales Extend Winning Streak on Large Order Backlogs
European auto sales maintained double-digit growth in September despite higher interest rates raising the cost of acquiring a
2023-10-20 14:53
China Stocks Erase All Reopening Gains as Property Woes Persist
Chinese stocks erased all the gains seen during their massive reopening rally that took off late last year,
2023-10-20 14:28
Bitcoin’s Rival Ether Falters in Shadow of Elevated Treasury Yields
A key pillar of demand for Ether, the second-largest digital token, is weakening against a backdrop of elevated
2023-10-20 14:21
Olive Oil Prices Weigh on Costs of Traditional Italy, Spain Food
Olive oil prices continued to rise pushing up the cost of Italy and Spain’s top dishes even as
2023-10-20 13:50
China Offers Record Cash Infusion to Keep Rates Low for Growth
China took a fresh step to ensure funding costs in its financial markets are sufficiently low so a
2023-10-20 13:45
Long lines at gas pump unlikely, but Middle East crisis could disrupt oil supplies, raise prices
Fifty years after the 1973 Arab oil embargo, the current crisis in the Middle East has the potential to disrupt global oil supplies and raise prices
2023-10-20 13:20