Money Funds See $5.5 Trillion Pile Growing as Tool Kit Expands
The US money-market industry, one of the big winners on Wall Street as the Federal Reserve hiked interest
2023-06-21 21:58
Junk Food, Sweet Drinks Are Philippines’ Next Tax Targets
The Philippines is pursuing plans to tax junk food and hike levies on sweetened beverages to boost revenue
2023-06-21 19:23
China Begins Nationwide Push to Reveal Hidden Government Debt
China has begun a fresh round of nationwide inspections to work out how much money local governments’ owe,
2023-06-21 19:22
ECB’s Kazimir Says Core Inflation Must Be Tamed for Pause
The European Central Bank can only pause interest rate hikes at its September meeting if it’s certain that
2023-06-21 18:23
EU Sees Hurdles to Seizing €200 Billion in Russian Assets
The European Union has assessed that it can’t legally confiscate outright frozen Russian assets and instead is focusing
2023-06-21 17:48
Nomura and Mizuho Join Bullish Shift on Toyota as EV Fears Ease
Analysts are becoming more optimistic toward Toyota Motor Corp. as fears retreat that the world’s biggest automaker is
2023-06-21 17:47
UK Bank Stocks ‘Back in Danger Zone’ as Rates Climb, Says Exane
British lenders are facing a “pain game” as interest rate hikes hurt the outlook for both loans and
2023-06-21 17:25
FedEx’s Forecast Falls Short of Estimates Amid Weak Demand
FedEx Corp. gave a 2024 profit outlook below analyst expectations as a drop in package demand offsets Chief
2023-06-21 17:15
El Nino Raising Risk of Southeast Asia Haze Crisis This Year
Singapore, Indonesia and Malaysia may face the most severe haze in at least five years due to the
2023-06-21 16:26
BOE Rate Seen Rising Beyond 6% After Shock Inflation Reading
Traders ramped up bets for further Bank of England interest-rate hikes after another shock inflation reading, pricing the
2023-06-21 15:49
Warnings of Mortgage Crisis Overblown, Says Top BOE Official
Most UK mortgage borrowers can cope at current interest rates and warnings of a housing crisis are overblown,
2023-06-21 15:45
ECB’s Rehn Joins Race to Succeed Niinisto as Finnish President
Finnish central bank Governor Olli Rehn joined the race for the president of the Nordic country in the
2023-06-21 15:24