German Economy Shrank in Third Quarter Amid Recession Threat
German output shrank in the third quarter — raising the risk that Europe’s largest economy is headed for
2023-10-30 17:54
ECB’s Kazimir Says Rate-Cut Bets for First Half 2024 Misplaced
European Central Bank Governing Council member Peter Kazimir said investor wagers on reductions in borrowing costs before mid-2024
2023-10-30 17:27
Goldman Sachs no longer sees U.S. govt shutdown in 2023
Goldman Sachs removed its forecast for a U.S. government shutdown this year given new geopolitical risks and the
2023-10-30 17:25
Swedish Economy Stagnates as Rate Hikes Weigh on Output
Sweden’s economy was stagnant last quarter, as rising borrowing costs and growing unemployment hurt spending in the Nordic
2023-10-30 17:22
Spanish Inflation Quickens to Highest Since April on Electricity
Spanish inflation accelerated for a fourth month, hitting the highest level since April and supporting calls to prolong
2023-10-30 16:53
SNB Will No Longer Pay for Deposits Held to Meet Reserve Needs
The Swiss National Bank is cutting the amount of money commercial lenders can get by parking funds at
2023-10-30 16:50
Dubai’s RTA Seeks About $300 Million From Taxi IPO
Dubai Taxi Corp., a unit of the emirate’s transport authority, is seeking to raise about $300 million from
2023-10-30 15:20
Vietnam Seeks to Arrest Lenders for Alleged Fraud After Bank Run
Vietnam’s police issued arrest warrants for two former chairs of Saigon Commercial Bank, which experienced a bank run
2023-10-30 14:29
As Wind Industry Struggles, Investors Brace for Orsted Losses
As the German government scrambles to prop up Siemens Energy AG, another major European wind firm faces its
2023-10-30 14:18
Tax Shortfall Lumps South Africa With No-Good-News Budget
South African Finance Minister Enoch Godongwana is in a bind as he reworks the nation’s budget in the
2023-10-30 13:56
Finance Jobs in City of London Are Drying Up as Gloom Sets In
The City of London has fewer finance jobs to offer after a post-pandemic hiring boom left companies overstaffed
2023-10-30 13:54
Paternity Leave Gains Momentum in Japan Amid Government Push
A year after revisions to Japan’s paternity leave system, the number of new fathers taking childcare leave has
2023-10-30 11:53