BlackRock-Backed Puerto Rico Utility Deal Would Cut Debt by 75%
Puerto Rico’s bankrupt power utility has reached a deal with BlackRock Financial Management and Nuveen Asset Management to
2023-08-26 12:23
Country Garden’s Malaysia Project to Get New Tax Breaks, PM Says
Forest City, Country Garden Holdings Co.’s mega-development off Malaysia’s southern coast, will be designated a special financial zone
2023-08-26 10:18
Powell Targets High-or-Higher Rate Path as Economy Picks Up
Federal Reserve Chair Jerome Powell signaled interest rates will stay high and could rise even further should the
2023-08-26 07:26
Lagarde Steers Clear of ECB Debate Over September Rate Plan
President Christine Lagarde stayed out of the debate over whether the European Central Bank should lift interest rates
2023-08-26 05:59
Autoworkers’ Possible Strike Against Big Three Concerns Biden, He Says
President Joe Biden said he was speaking to the United Auto Workers union, which is locked in contentious
2023-08-26 05:50
Ukraine’s Slow Offensive Buoys Putin and Worries Allies
Ukraine’s allies now worry the war is dragging into a long fight that may strengthen Vladimir Putin’s hand
2023-08-25 20:58
UK Consumer Confidence Rebounds After Softer Inflation Signs
UK consumer confidence rebounded in August as inflation showed signs of cooling and strong wage growth buoyed household
2023-08-25 17:27
China Regulator to Meet Global Investors to Shore Up Market
China’s securities regulator plans to convene a meeting with some of the world’s biggest asset managers on Friday,
2023-08-25 16:24
ECB’s Nagel Says Much Too Early to Consider Rate Hike Pause
European Central Bank Governing Council member Joachim Nagel said that he’s not convinced inflation is under control enough
2023-08-25 15:22
China Eases Home Purchase Rules in New Push to Boost Economy
China unveiled a further easing of its mortgage policies to halt a slump in its residential property market
2023-08-25 15:20
German Economy Stalled in Second Quarter, Weighed Down by Trade
Germany’s economy exited recession by the slimmest margin in the second quarter but its sluggish performance continues to
2023-08-25 14:47
Biggest Yuan Bears Fail to Gain Traction Among Option Traders
Strategists may be getting increasingly bearish on the yuan but their words are failing to resonate with option
2023-08-25 13:19