Egypt Tries to Coax Dollars Back With Higher Savings Returns
Egypt’s biggest state-owned lenders are dangling higher returns on dollar-denominated certificates of deposit to foreigners and locals, in
2023-07-26 19:17
Asian Equities Trade Mixed Ahead of Fed Meeting: Markets Wrap
Stocks in Asia traded mixed at the open on Wednesday as investors await the Federal Reserve’s rate decision.
2023-07-26 08:56
ECB Hiking Sends Corporate Loan Demand Down Most on Record
Demand for loans among companies in the euro zone plunged by the most on record in the second
2023-07-25 16:53
China’s ‘Dovish’ Politburo Signals Rate Cuts, Property Easing
China will likely keep cutting interest rates, speed up the issuance of infrastructure bonds and loosen more property
2023-07-25 13:45
UBS to Pay $387 Million in Credit Suisse-Tied Archegos Fines
UBS Group AG will pay a total of about $387 million in fines related to misconduct by Credit
2023-07-25 13:28
Christian Nonprofit Ditches Barclays Over Oil and Gas Financing
Christian Aid, a British nonprofit, announced that it will no longer bank with Barclays Plc due to the
2023-07-25 13:16
FDIC Warns Banks Over Errors in Reporting Uninsured Deposits
The Federal Deposit Insurance Corp. said some US banks incorrectly reported the amount of their uninsured deposits after
2023-07-25 10:55
Citi Says New Capital Rules Could Hinder Derivatives, Prime Brokerage Services
Citigroup Inc. said a slew of new capital requirements that regulators will propose this week could hinder the
2023-07-25 05:45
Nigeria’s Currency Futures Market at Standstill as Naira Swings
More than a month after Nigeria’s central bank dropped the naira’s peg against the dollar, the country’s market
2023-07-24 22:25
Foreign Investors Flock Back to Chinese Bonds on Fed Pivot Hope
Global investors are returning to Chinese debt in full force, as expectations for US interest rates to soon
2023-07-24 11:56
China’s Top Leaders Likely to Disappoint on Big Bang Stimulus
China’s top leaders will fail to deliver big-bang stimulus for the weakening economy this week, economists say, disappointing
2023-07-24 09:50
Top Taiwan Bank Looks to Southeast Asia in Shift From China
One of Taiwan’s largest lenders is shifting its business and hiring focus to Southeast Asia as its corporate
2023-07-24 07:21