Odey scandal prompts Wall Street rethink on how to vet hedge funds
By Nell Mackenzie and Kirstin Ridley LONDON Wall Street firms are poised to reassess how they vet hedge
2023-06-16 04:53
ECB Hikes Again as Lagarde Calls July Increase ‘Very Likely’
The European Central Bank lifted interest rates by another quarter-point, with President Christine Lagarde describing a further hike
2023-06-15 23:50
US Economy Is Still Hanging Tough But Showing Signs of Slowing
The US economy is holding up but losing steam. While an advance in retail sales last month exceeded
2023-06-15 23:25
Odey Asset Management plans funds, staff moves in fight for survival
By Nell Mackenzie, Farouq Suleiman and Kirstin Ridley LONDON (Reuters) -Odey Asset Management is in advanced talks to move funds
2023-06-15 18:18
Powell Dances Between Pause and Hikes in Communication Two-Step
Federal Reserve officials paused their series of interest-rate hikes but projected borrowing costs will go higher than previously
2023-06-15 13:21
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
New Zealand: Economy slips into recession after interest rate hikes
The country's central bank has aggressively raised interest rates since October 2021.
2023-06-15 11:52
China’s Property Investment Slump Deepens With Home Demand Weak
Chinese real estate investment slumped further in May, showing both extended weakness in a key engine for economic
2023-06-15 11:45
Canada Cuts Ties With Asian Infrastructure Bank on Claims of Chinese Interference
Prime Minister Justin Trudeau’s government stopped Canada’s work with the Asian Infrastructure Investment Bank while it investigates claims
2023-06-15 11:23
IMF Blasts Pakistan Budget, Signaling Bailout May Not Happen
The International Monetary Fund criticized the Pakistan government’s budget as insufficient to meet the goals of its bailout
2023-06-15 10:29
Stocks stall as US rates seen higher for longer
By Tom Westbrook SINGAPORE Asian stocks braked around two-month highs on Thursday, while the dollar nursed modest losses,
2023-06-15 10:27
China’s Recovery Weakens as Industrial, Retail Activity Slow
China’s economic recovery weakened in May as growth in industrial output and retail sales slowed, putting pressure on
2023-06-15 10:15