UBS’s Ermotti Says State, SNB Loss ‘Exceptionally Unlikely’
UBS Group AG Chief Executive Officer Sergio Ermotti gave his strongest indication yet that the Swiss government and
2023-05-12 17:17
ECB May Need to Tighten Further After the Summer, Nagel Says
The European Central Bank may have to continue raising borrowing costs beyond the summer, according to Governing Council
2023-05-12 16:22
China to Send Special Envoy to Ukraine, Russia From Monday
China will send a special envoy to Ukraine from Monday, according to the Foreign Ministry, as Beijing tries
2023-05-12 15:58
UK Economy Hit Setback in March With Consumers Turning Cautious
The UK economy shrank unexpectedly in March as households turned more cautious and strikes hit activity across a
2023-05-12 15:48
Fed Needs More Hikes If Inflation, Labor Stay Hot, Bowman Says
The Federal Reserve will likely need to raise interest rates further and hold them higher for some time
2023-05-12 15:28
Kepco CEO to Resign as Utility Pledges Financial Overhaul
Korea Electric Power Corp.’s Chief Executive Officer Cheong Seung-il offered to resign as the state-run utility announced a
2023-05-12 15:28
Rand Extends Slump as South Africa’s Row With US Puts Trade Ties at Risk
The rand slumped to its weakest level on record against the dollar as a diplomatic row between South
2023-05-12 15:17
China Housing Rebound Fizzling Shows Risks to Economic Recovery
China’s housing market sales is regressing after a brief recovery, underscoring the challenges the world’s second-largest economy is
2023-05-12 14:18
Pakistan Latest: Government Slams Court for Freeing Imran Khan
Pakistan’s government criticized the Supreme Court for releasing former premier Imran Khan from custody and vowed to find
2023-05-12 14:15
Thai Military Rules Out Coup After Vote as Campaigning Ends
Thailand’s army chief said there was “zero chance” of the Southeast Asian nation returning to a military rule
2023-05-12 13:25
Trump Appeals Carroll Sexual Assault Verdict Granting Damages
Donald Trump is appealing the verdict of a New York jury that found him liable for sexually abusing
2023-05-12 06:18
High Court Backs California Humane-Pork Law in Industry Loss
The US Supreme Court upheld California’s new humane-pork law, rejecting an industry challenge in a ruling buttressing the
2023-05-11 22:58