UK Rate Hikes Hurting Business and May Be Near Peak, IOD Says
The Bank of England’s longest series of interest rate increases in three decades is starting to hurt businesses,
2023-08-04 17:20
Slowing US Wage Growth to Set Stage for End of Fed Tightening
A monthly US jobs report due Friday is set to show wage growth continued to moderate in July,
2023-08-04 17:18
Credit Agricole Nears Deal for Degroof Petercam
Credit Agricole SA will acquire a majority stake in Belgian asset and wealth manager Degroof Petercam, as the
2023-08-04 15:26
Saudi Budget Slips Deeper Into Deficit With Jump in Spending
Saudi Arabia’s budget deficit widened in the second quarter as the government raised spending on social benefits and
2023-08-04 15:25
World’s Largest Pension Fund GPIF Has Record Gain
Japan’s state pension fund, the world’s largest, posted a record gain of ¥18.98 trillion ($133 billion) during the
2023-08-04 15:17
Bond Traders Eye 5 Basis Points as BOJ Intervention Trigger
Bond traders are on guard for a further five-basis-points increase in benchmark Japanese bond yields amid speculation that
2023-08-04 15:15
Germany Factory Orders Unexpectedly Jump Most in Three Years
German factory orders unexpectedly jumped the most in three years in June, a sign that Europe’s largest economy
2023-08-04 14:46
Selloff in Long-Maturity Treasuries Squeezes Recession Wagers
The Treasury yield curve has steepened this week, but the shift is unnerving investors as it comes through
2023-08-04 14:22
Egypt Surprises With Rate Hike Even as Devaluation Delayed
Egypt unexpectedly resumed its cycle of monetary tightening, seeking to tame inflation that’s running at an all-time high.
2023-08-04 13:49
Hefty Outlier Bet Shows Traders Are Split Over BOE’s Next Move
In the eyes of one investor at least, the Bank of England’s interest-rate hike on Thursday was the
2023-08-04 12:57
China Official’s Call to Save Xi’s City Angers Flood Victims
Chinese flood victims in hit hard areas of northern China have taken aim at a key Communist Party
2023-08-04 10:15
RBA Slightly Extends Course for Inflation to Fall Within Target
Australia’s central bank revised down its estimates for economic growth a touch and now sees inflation returning to
2023-08-04 09:46