US Bank Lending Retreated During Week of First Republic Failure
US loans and deposits fell slightly in the chaotic first week of May when First Republic Bank collapsed
2023-05-13 04:53
South Africa’s Mashatile to Meet CEOs Amid Investment Strike
South Africa’s Deputy President Paul Mashatile is set to meet captains of industry amid an energy crisis that’s
2023-05-12 16:52
Bank of America to Lead $500 Million Debt Swap for Gabon
Bank of America Corp. will arrange a $500 million debt swap for marine conservation in Gabon, as these
2023-05-12 15:51
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 15:24
Gold Looks ‘Best Hedge’ as Debt-Ceiling Angst Builds, RBC Says
Mounting fears over the US debt-ceiling crisis will benefit gold as investors brace for potential chaos in financial
2023-05-12 13:48
Meet the Contenders Vying to Become Kenyan Central Bank Governor
Six candidates are vying to succeed Patrick Njoroge as the governor of Kenya’s central bank, a changeover that
2023-05-12 13:19
Earnings Surge for Main Thai Airlines as Tourists Flock Back
Thai Airways International Pcl and Bangkok Airways Pcl reported a surge in first-quarter earnings as tourists flocked back
2023-05-12 12:51
China Bond Watchdog Probes Major Banks’ Debt-Issuance Work
Probes were announced this week against at least three major Chinese banks amid stepped-up efforts to address long-standing
2023-05-12 10:51
China Builder Fantasia Faces Key Shareholder Revolt on Debt Plan
A Chinese property developer whose default in 2021 has since fed into a broader industry rout is facing
2023-05-12 10:46
Peru Holds Key Rate for a Fourth Month as Inflation Cools
Peru left borrowing costs unchanged for the fourth straight month as inflation finally begins to cool at rates
2023-05-12 07:56
Asia Shares Set for Mixed Open After Bonds Rally: Markets Wrap
Stocks in Asia are set for a muted open after a mixed US session that saw Treasuries and
2023-05-12 06:46
Dimon Jabs at Trump on Debt Ceiling, Says JPMorgan Has War Room
JPMorgan Chase & Co.’s Jamie Dimon took a jab at Donald Trump for encouraging Republican lawmakers to dig
2023-05-11 22:57