Yen at 140 Opens Door to More Weakness But Not Intervention This Time
The yen is close to hitting a bottom against the dollar, and is unlikely to weaken to levels
2023-05-26 16:26
Swiss Minister Calls Credit Suisse Managers ‘Arsonists’
Switzerland’s Finance Minister Karin Keller-Sutter denied government responsibility for the near-collapse of Credit Suisse Group AG in March,
2023-05-26 16:20
UK’s Hunt Comfortable With Recession to Bring Down Inflation
UK Chancellor of the Exchequer Jeremy Hunt says he’s in favor of higher interest rates to tackle inflation,
2023-05-26 15:25
EV Battery Leader CATL Joins BYD, Tesla to Tap Solar’s Boom
Contemporary Amperex Technology Co. Ltd., the world’s biggest electric vehicle battery producer, is joining Tesla Inc. and BYD
2023-05-26 15:22
Asia Traders Dial Down Risk on Chance No Debt Deal by Monday
Asian investors remain on edge before the weekend amid concern US debt-ceiling negotiations may still break down or
2023-05-26 14:57
Hungary Budget Overruns Are Becoming an Issue for Investors
Hungarian Prime Minister Viktor Orban’s government is pushing back against growing criticism over fiscal management that investors say
2023-05-26 14:53
UK Retail Sales Bounce Back in April as Weather Improves
UK retailers saw sales jump more than expected last month, recovering from heavy rain that kept people home
2023-05-26 14:49
German Football’s Nein to Private Equity Leaves Bundesliga Adrift
German football fans are gearing up for a dramatic showdown this weekend, when the Bundesliga title race will
2023-05-26 14:47
Billionaires’ M&A Fight Ends With Revival of Solar Export Dream
Billionaire Mike Cannon-Brookes will revive a stalled plan to export solar power from Australia to Singapore after sealing
2023-05-26 14:24
Weak Rand, Government Missteps Deny South Africans Rates Relief
South Africa’s central bank is reluctant to pivot away from policy tightening after raising its benchmark interest rate
2023-05-26 13:54
Dubai Watchdog Warns on Risks of Crypto’s Global Regulatory Gaps
Dubai’s financial regulator warned that global watchdogs need to step up talks with each other to avoid “bad
2023-05-26 13:29
MUFG’s $4 Billion Bond Deal Is Japan’s Biggest This Year
Mitsubishi UFJ Financial Group Inc. raised 570 billion yen ($4 billion) worth of debt in what is Japan’s
2023-05-26 12:45