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
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
BRICS Expansion Gets Interesting If Saudis Join, Jim O’Neill Says
Adding countries to the BRICS bloc will matter economically if Saudi Arabia is one of them but otherwise
2023-08-21 18:17
Ecuador Runoff to Pit Correa’s Pick Against Businessman
Ecuador’s presidential race will be decided in an October runoff between socialist candidate Luisa Gonzalez and entrepreneur Daniel
2023-08-21 11:19
China Local Governments to Sell $206 Billion of Financing Debt
China is taking stronger action to address financial risks of local governments, with Caixin reporting on a plan
2023-08-21 11:17