Iceland Wage Restraint Needed to Slow Hikes, Central Banker Says
Iceland’s labor market parties must rein in wage growth to help slow interest rate hikes, according to the
2023-05-27 17:17
France Just Got Another Warning Over Its Credit Rating
The outlook on France’s credit rating was reduced to negative from stable by Scope Ratings, raising questions about
2023-05-27 13:48
Yellen Sets June 5 as Default Date in US Debt-Ceiling Standoff
Treasury Secretary Janet Yellen said her department estimates it will run out of funding by June 5 if
2023-05-27 05:15
Nvidia Nailed Bet on AI Trend in Surge Toward $1 Trillion
Nvidia Corp. has a knack for riding tech trends — selling graphics chips that powered everything from the
2023-05-27 03:25
Ex-Trader Admits Tipping Friend in Second Insider Scheme Plea
A former trader at Canada’s Polar Asset Management Partners who last year confessed to front-running his firm’s trades
2023-05-27 01:53
McCarthy Notes Progress as Debt-Limit Talks Narrow Toward Deal
House Speaker Kevin McCarthy said talks on the debt ceiling resumed Friday, with negotiations stretching into the final
2023-05-27 01:20
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
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
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
BOJ’s Ueda Says Wages Aren’t the Goal, Keeps Speculators in Dark
Bank of Japan Governor Kazuo Ueda indicated his desire to hold on to policy flexibility by playing down
2023-05-26 10:15