China Ramps Up Fight With Yuan Bears to Stop Selloff Spiraling
China extended two lines of yuan defense, pushing up funding costs in the offshore market to squeeze shorts
2023-08-22 11:22
Cambodia’s Hun Sen Seals Political Dynasty as Son Becomes PM
Cambodia’s parliament voted on Tuesday to approve a new government led by the son of outgoing leader Hun
2023-08-22 10:52
S&P Joins Moody’s in Cutting US Banks Amid ‘Tough’ Climate
Two weeks after Moody’s Investors Service rattled financial stocks by cutting the ratings for a slew of US
2023-08-22 09:55
Traders Bet ForgeRock Deal Likely to Succeed Before DOJ Decision
Traders are betting ForgeRock Inc.’s proposed sale to Thoma Bravo LLC is more likely to go through than
2023-08-22 03:55
Italy Faces Wider Budget Deficits on Meloni’s Tax-Cut Plans
Italy may slow down its deficit-reduction plans after the economy unexpectedly shrank, a move that would give the
2023-08-22 00:57
JPMorgan Isn’t Taking Any Chances With New EU ESG Rule
The asset management unit of JPMorgan Chase & Co. is breaking away from a number of its peers
2023-08-22 00:49
Treasury Yields Hit Highest Since 2007 on Elevated Rate Fears
The US bond-market selloff resumed Monday, driving 10-year yields to a 16-year high, as the persistently resilient economy
2023-08-21 23:58
Hilary Hammers California With Flooding Rain and Blackouts
The remnants of Tropical Storm Hilary pummeled California with flooding rains on Monday, disrupting flights and knocking out
2023-08-21 22:57
Turkish Banks Warn of Risks in Plan to Curb Lira Protection Tool
Turkish lenders are complaining that tough targets imposed by authorities to curb a tool designed to support the
2023-08-21 22:47
Bitcoin Extends Losses as Global Jump in Bond Yields Deters Dip Buying
Bitcoin added to losses racked up during the token’s worst week since November last year as the prospect
2023-08-21 22:16
Ukraine's Zelenskiy says F-16s make him 'confident' that Russia will lose the war
By Jacob Gronholt-Pedersen COPENHAGEN Ukrainian President Volodymyr Zelenskiy told a crowd in Denmark on Monday that promised deliveries
2023-08-21 20:56
Bond Bulls at JPMorgan, Allianz GI Double Down on Bet Gone Bad
Convinced a recession in the US was near, some of the world’s most prominent money managers loaded up
2023-08-21 18:56