BofA’s DeMare Warns on ‘Dangerous’ Effects of Yields at 5%
Bank of America Corp.’s Jim DeMare warned of the knock-on effects of short-term Treasury yields at 5% and
2023-10-25 20:49
Israel’s Rating Outlook Cut to Negative by S&P on War Risks
Israel’s credit outlook was cut by the last of the three major rating companies that kept it at
2023-10-25 17:50
Zimbabwe Cedes Highest Interest Rate Title to Argentina
Zimbabwe gave up its unenviable position of having the world’s highest interest rate to Argentina, after slashing borrowing
2023-10-25 16:56
Gucci Sales Fall as Kering Lags Peers Facing Luxury Slowdown
Gucci sales fell as Kering SA’s biggest brand grappled with the twin challenges of a luxury goods slowdown
2023-10-25 15:49
China Signals Zero Tolerance For Sharp Economic Slowdown With Rare Steps
President Xi Jinping signaled that a sharp slowdown in growth and lingering deflationary risks won’t be tolerated, making
2023-10-25 15:24
Rescue Mission Called Off After British Cargo Ship Sinks
Rescuers abandoned efforts to find four missing sailors a day after a British cargo ship sank in the
2023-10-25 14:46
Otis Nears Mexico’s Coast as Deadly Category 5 Hurricane
Hurricane Otis exploded in strength as it neared the tourist hotspot of Acapulco on Mexico’s Pacific Coast, becoming
2023-10-25 14:26
Deutsche Bank to Step Up Payouts as Lending Offsets Trading Lull
Deutsche Bank AG plans to accelerate payouts to shareholders after higher income from its corporate bank and deposit
2023-10-25 13:57
Hong Kong Lowers Stock-Trading Tax to Revive Role as Hub
Hong Kong is reversing an emergency increase in the stamp duty on stock trades as officials seek to
2023-10-25 12:56
Oil Steady After Three-Day Streak of Losses as War Fears Ease
Oil steadied after falling over the previous three sessions on signs that the Israel-Hamas war will remain contained
2023-10-25 10:21
Xi Steps Up Economic Aid With New Debt Issuance, PBOC Visit
Chinese President Xi Jinping stepped up support for the world’s second-biggest economy, issuing additional sovereign debt, raising the
2023-10-25 09:53
China Ousts Defense Minister, Ending Mystery Over His Status
China’s Li Shangfu became the nation’s shortest-serving defense minister ever, ending months of speculation over his status, as
2023-10-25 08:27