Pictet Bets Markets Are Wrong on Fed Rate Cut Timing
One of Europe’s biggest asset managers is betting markets are wrong to expect the Federal Reserve to cut
2023-05-18 17:18
Senators Urge Biden to Appoint Independent Banking Investigator
Two senators on the Banking Committee say they have found flaws in regulators’ oversight reviews before some of
2023-05-18 17:16
Australian Unemployment Climbs, Reducing Rate-Hike Pressure
Australia unemployment unexpectedly increased in April as employers cut jobs — led by full-time roles — reinforcing the
2023-05-18 10:48
ECB zeroes in on struggling borrowers and forex as times get tougher
FRANKFURT The European Central Bank on Wednesday told banks to step up how they manage struggling borrowers and
2023-05-17 18:52
Commerzbank’s Higher Interest Guidance Disappoints Investors
Commerzbank AG’s shares declined after the German lender’s upgrade to its outlook for full year net interest income
2023-05-17 15:48
Adnoc Unit’s $607 Million Abu Dhabi IPO Sells Out in Minutes
The initial public offering of Adnoc Logistics & Services got enough orders to cover all shares within minutes,
2023-05-16 13:20
Goldman fined $7 million by ECB over credit risk reporting
FRANKFURT The European Central Bank said on Monday it had fined Goldman Sachs' European unit 6.63 million euros
2023-05-16 01:25
ECB rate hike impact on inflation small so far, but more coming: ECB Bulletin
FRANKFURT Rapid European Central Bank rate hikes lowered inflation modestly last year but the biggest impact is expected
2023-05-15 16:22
Euro-Zone Inflation Outlook Raised by EU on Surge in Core Prices
The European Commission significantly raised its euro-zone inflation outlook and warned of “persistent challenges” even as it acknowledged
2023-05-15 16:20
ECB Seen Keeping Rates High for Longer Amid Sticky Core Prices
The European Central Bank will hold interest rates at their peak for longer than previously thought as underlying
2023-05-15 12:26
Australia’s Pro-Climate Government Approves First Coal Mine
Australia’s center-left Labor government has approved its first new coal mine since it came to power a year
2023-05-15 10:50
PBOC Extends Cash Support in May After Credit Growth Slumped
China’s central bank injected more long-term liquidity into the financial system for the sixth month in a bid
2023-05-15 10:21