New ECB Interest Rate Hikes Remain Possible, Schnabel Says
The European Central Bank might need to increase borrowing costs again one day if needed to tame consumer
2023-10-06 15:56
Germany’s Struggling Factories Saw Orders Rise in August
German factory orders rebounded partially in August, a sign that the country’s crucial manufacturing sector may be stabilizing
2023-10-06 15:52
TSMC Sales Fell Less Than Feared as AI Demand Offset Broad Slump
Taiwan Semiconductor Manufacturing Co.’s revenue slid a less-than-projected 11% after demand from artificial intelligence players helped offset sagging
2023-10-06 14:58
Kazakhstan Cuts Rate as New Central Banker Navigates Tenge Risks
Kazakhstan cut rates for a second straight time, extending its first cycle of monetary easing since 2020 after
2023-10-06 14:54
The 5% Bond Market Means Pain Is Heading Everyone’s Way
Not so long ago, families, businesses and governments were effectively living in a world of free money. The
2023-10-06 12:45
Rithm Scraps Higher Sculptor Bid After Och’s Support Wavers
Rithm Capital Corp. scrapped plans to increase its offer for Sculptor Capital Management Inc. to $12.20 a share
2023-10-06 12:18
Citadel’s Griffin, Goldman CEO Expected to Attend HK Summit
Hong Kong has invited a list of top executives for a summit in early November, including the hedge
2023-10-06 11:46
Typhoon Koinu Approaches Hong Kong With Risk of Heavy Rain
Hong Kong warned of heavy rain over the weekend as the latest forecast showed Typhoon Koinu moving closer
2023-10-06 08:50
Corporate America Is Ignoring Jay Powell and Bingeing on Debt
For the past 18 months, Federal Reserve Chair Jerome Powell has frantically been trying to break Americans' borrow-and-spend
2023-10-06 07:52
Sam Bankman-Fried Told MIT Friend $8 Billion Hole Meant FTX Wasn’t ‘Bulletproof’
FTX co-founder Gary Wang took the stand at Sam Bankman-Fried’s trial and almost immediately said he and his
2023-10-06 04:49
Britain's high-speed rail fiasco reflects grim economic reality
In 1825, the world's first passenger train went into service in northern England. It heralded the start of a railway age that transformed the country's economy by slashing journey times, boosting trade routes and connecting major cities.
2023-10-05 19:48
Caroline Ellison Is One of the Only People Who Knows ‘Truth’ Behind SBF’s Fall
Caroline Ellison sank to the trading-room floor and, exhausted and tearful, tried to explain. The crypto hedge fund
2023-10-05 17:54