Xi’s Private-Sector Propaganda Push Runs Into Wall of Skepticism
China’s latest pledges to rebuild a shattered private sector fell flat with investors, underscoring the damage two years
2023-07-20 13:20
Mizuho Follows Japan Peers in Selling $1.9 Billion AT1 Bonds
Mizuho Financial Group Inc. raised 261 billion yen ($1.9 billion) by selling Additional Tier 1 bonds, becoming the
2023-07-20 11:46
Asia Stocks Face Muted Start; US Tech in Focus: Markets Wrap
Asian stocks are poised for a cautious open as the US posted modest gains in a choppy session
2023-07-20 05:58
Wall Street Shrinks Headcount by 21,000 as Dealmaking and Trading Slump
Wall Street’s biggest banks whittled down their ranks by about 21,000 people in the first six months of
2023-07-19 23:16
Goldman Sachs Profit Tumbles on Real Estate Hits, Banking Slump
Goldman Sachs Group Inc.’s profit plunged as the Wall Street giant notched one of its weakest quarters under
2023-07-19 19:55
Russia Readies Digital Ruble Pilot as War Squeezes Economy
Russia is pressing ahead with plans to introduce a digital ruble, joining a growing list of countries to
2023-07-19 18:48
Grab’s Bank to Accept Bigger Deposits, Signaling Cap Raised
Grab Holdings Ltd.’s upstart digital bank started accepting larger deposits in Singapore, suggesting the city-state’s regulator has raised
2023-07-19 18:29
Nigerian Central Bank Is Losing a Battle to Close Naira-Rate Gap
Nigeria’s official currency exchange rate is once again widening a gap with the parallel-market rate, shrugging off a
2023-07-19 17:56
ECB to Push Banks for Weekly Liquidity Data as Scrutiny Grows
The European Central Bank plans to substantially tighten how it monitors liquidity after several bank runs in the
2023-07-19 16:22
Farage Rails Against Coutts as Lender Defends Review Process
Nigel Farage has said parts of the internal documents about him compiled by his longtime bank Coutts call
2023-07-19 15:50
In London, New York and Paris, a Giant Office Bet Is Going Wrong
A trip to the restaurant that sits atop the No. 1 Poultry office block in London’s financial district
2023-07-19 12:22
Morgan Stanley Moves 200 Technologists Out of China on Data Law
Morgan Stanley is shifting more than 200 technology developers out of mainland China after the country tightened access
2023-07-19 08:50