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Casino operator MGM beats third-quarter estimates as China travel rebounds
Casino operator MGM beats third-quarter estimates as China travel rebounds
MGM Resorts International beat market estimates for third-quarter profit and revenue on Wednesday, as the casino operator benefited
2023-11-09 06:56
BoE hikes rate half-point as high inflation persists
BoE hikes rate half-point as high inflation persists
The Bank of England Thursday lifted its key interest rate by a half-point to five percent to tackle stubbornly high UK inflation despite such a...
2023-06-22 19:55
Emerging economies are pushing to end the dollar's dominance. But what's the alternative?
Emerging economies are pushing to end the dollar's dominance. But what's the alternative?
Across the developing world, many countries are fed up with America’s dominance of the global financial system — and especially the power of the dollar
2023-08-19 13:19
Prosecutor cites 'pyramid of deceit' in urging jury to convict FTX founder Sam Bankman-Fried
Prosecutor cites 'pyramid of deceit' in urging jury to convict FTX founder Sam Bankman-Fried
In a closing argument, a prosecutor told a New York jury to follow overwhelming evidence and the “pyramid of deceit” that FTX founder Sam Bankman-Fried constructed to conclude he's guilty of fraud charges
2023-11-01 23:56
BOJ Policy Speculation Continues to Build in Runup to Meeting
BOJ Policy Speculation Continues to Build in Runup to Meeting
Speculation that the Bank of Japan will make some kind of policy move this month continues to build
2023-10-23 13:45
Bank of Canada hikes rates to 4.75%, highest in 22 years
Bank of Canada hikes rates to 4.75%, highest in 22 years
By Steve Scherer and David Ljunggren OTTAWA (Reuters) -The Bank of Canada on Wednesday hiked its key overnight benchmark rate
2023-06-07 22:54
China’s Securities Regulator Cuts Total Staff Pay After Revamp
China’s Securities Regulator Cuts Total Staff Pay After Revamp
China’s securities watchdog has slashed its budget for staff compensation this year, in a sign of further pay
2023-05-15 10:48
GIC Cuts Key Quant Unit in ‘Tough’ Overhaul of Investment Teams
GIC Cuts Key Quant Unit in ‘Tough’ Overhaul of Investment Teams
Singapore sovereign wealth fund GIC Pte has scaled back a core quantitative unit set up in 2016 under
2023-07-28 09:23
Marketmind: Markets shake off surprise US credit downgrade
Marketmind: Markets shake off surprise US credit downgrade
A look at the day ahead in European and global markets from Brigid Riley Fitch delivered the markets a doozy
2023-08-02 12:55
EU's tech 'sheriff' turns to X rival in disinfo duel with Musk
EU's tech 'sheriff' turns to X rival in disinfo duel with Musk
The EU's top internet enforcer took to X, the rebranded Twitter, on Wednesday to trumpet a rival platform, as a duel with Elon...
2023-10-11 18:54
Philippines Moves Closer to Wealth Fund Plan With Senate Nod
Philippines Moves Closer to Wealth Fund Plan With Senate Nod
The Philippines moved a step closer to establishing a sovereign wealth fund after the Senate approved the bill,
2023-05-31 15:48
UK Seeks Aerospace Deals in New Trade Pact With Washington State
UK Seeks Aerospace Deals in New Trade Pact With Washington State
The UK will sign a trade pact with Washington state aimed at facilitating aerospace deals with the US,
2023-09-26 06:21