Asia Stocks Rise as Fed Holds, China Cuts Key Rate: Markets Wrap
Asian stocks climbed Thursday after the Federal Reserve paused monetary tightening and China’s central bank cut a key
2023-06-15 11:53
Australian Jobs Surge Boosts Rate-Hike Bets as Inflation Lingers
Australian employment smashed expectations in May and unemployment surprisingly declined, bolstering the case for the Reserve Bank to
2023-06-15 11:28
Asia Stocks Primed to Rise on Policy Rates Outlook: Markets Wrap
Asian equities were poised to climb as traders bet that slowing US inflation had minimized any risk of
2023-06-14 07:52
German Investor Outlook Improves Slightly After Winter Recession
Investor confidence in Germany’s economy unexpectedly improved, though doesn’t signal a strong recovery from its first recession since
2023-06-13 17:51
Fed Will Keep Rates High Thanks to Inflation Fueled by Corporate Greed, Investors Say
Soaring corporate profits are a big part of the inflation problem, and keeping interest rates high is the
2023-06-12 08:24
Rolex or Faux-lex? Custom officers find fake luxury watches worth over $1.2 million at LAX
Rolex or Faux-lex? US Customs and Border Protection officers in Los Angeles recently seized dozens of fake luxury watches that -- if they were legitimate -- would have been valued at more than $1.2 million, authorities said.
2023-06-11 14:18
Fed Is Set to Pause and Assess the Effect of Rate Hikes
Federal Reserve policymakers are about to take their first break from an interest-rate hiking campaign that started 15
2023-06-11 04:25
Euro Zone Succumbs to Mildest of Recessions on Energy Shock
The euro area suffered the mildest possible recession during the winter after Russia’s war in Ukraine sent energy
2023-06-08 17:16
Binance Money Trail Reveals $70 Billion Flowing Through Silvergate, Signature
Crypto exchange Binance and related entities shuttled some $70 billion through accounts at now-defunct Silvergate Bank and Signature
2023-06-08 11:22
Singapore Banks Are So Flush With Deposits That DBS Is Loaning MAS S$30 Billion
Singapore banks are flushed with deposits with few options to deploy them amid a tepid lending environment. The
2023-06-07 09:46
ECB Says Consumers’ Inflation Expectations Fell Significantly
Consumer expectations for euro-zone inflation eased significantly in April, adding to the case for the European Central Bank’s
2023-06-06 16:25
ECB’s Vujcic Says Inflation Risks Are Still Tilted to Upside
European Central Bank Governing Council member Boris Vujcic said the surge in consumer prices is only slowly abating,
2023-06-05 15:54