What happens if the debt ceiling and banking crisis collide?
President Joe Biden said over the weekend that debt ceiling negotiations were moving along and that talks between the White House and House Speaker Kevin McCarthy would resume on Tuesday.
2023-05-15 19:57
European Union upgrades outlook for economy as energy prices retreat
Questions swirl about the strength of China's recovery from Covid lockdowns, and there's talk of recession in the United States. Yet Europe's economic prospects have brightened in recent months, according to the European Commission.
2023-05-15 18:19
Indonesia April trade surplus beats forecast; exports, imports fall
JAKARTA Indonesia's April trade surplus came in slightly bigger than expected, even as its exports and imports plunged
2023-05-15 12:50
Canada housing market upturn could delay shift to BoC rate cuts
By Fergal Smith TORONTO Signs of recovery in Canada's housing market after a year-long slump, just as higher
2023-05-14 21:17
SVB and Signature Bank execs set to testify before the Senate this week
Despite the looming debt ceiling crisis that has taken center stage in Washington in recent weeks, lawmakers haven't forgotten about the other financial crisis this year: the March bank failures that set off turmoil in the regional banking sector.
2023-05-14 19:50
Fire Risk in Canada’s Oil Heartland Surges Over Hot Weekend
The number of wildfires in Canada’s main oil-producing province was on the rise as conditions turned hot and
2023-05-14 06:51
China’s Strong Data Likely to Mask Weakening Recovery
Key economic data this week may suggest China’s recovery is doing a lot better than it is in
2023-05-14 04:24
Stellantis, LG Energy Spar With Canada Over EV Battery Plant
Automaker Stellantis NV said it will begin implementing “contingency plans” with its South Korean partner for electric vehicle
2023-05-13 23:53
Adani Group’s Flagship, Utility Firm Seek to Raise $2.6 Billion
Two companies in billionaire Gautam Adani’s empire, including his flagship firm, are seeking to raise as much as
2023-05-13 16:46
G-7 Finance Chiefs Boost Ukraine Aid, Propose Supply Chain Plan
Group of Seven finance chiefs put more aid on the table for Ukraine, set up a new supply
2023-05-13 15:55
Bank of Canada names longtime executive Mendes as deputy governor
By Ismail Shakil OTTAWA (Reuters) -The Bank of Canada (BoC) said on Friday it has picked longtime central bank executive
2023-05-13 08:28
Trading platform Tradeweb in talks about US default contingency plans
NEW YORK Bond trading platform Tradeweb is in talks with clients, industry groups and other market participants about
2023-05-13 03:28