Swedish Fund Alecta Faces Prosecutor Probe on Its Property Stake
Pressure is again mounting on the Swedish pension group embroiled in the Silicon Valley Bank fallout this spring
2023-11-23 18:49
Green Bond Sales Surge in UAE Before It Hosts Climate Summit
A record amount of green debt has been raised this year by issuers in the United Arab Emirates
2023-11-23 18:23
UK Inflation Fears Revived by Unexpected Output Growth, S&P Says
British companies reported an unexpected increase in output in November and evidence of stronger inflation, signs of strength
2023-11-23 17:57
Ermotti Urges More Top Banker Accountability After Credit Suisse
UBS Group AG Chief Executive Officer Sergio Ermotti said Switzerland should have broader powers to sanction bank executives
2023-11-23 17:52
Euro-Area Business Weakness Increases the Odds of a Recession
A recession in the euro area is looking increasingly likely as the economic downturn persists in the final
2023-11-23 17:52
Bundesbank Says Too Soon to Declare Finance System All Clear
Germany’s financial system still needs to fully digest higher interest rates so it’s too soon to declare that
2023-11-23 17:50
Hunt’s Tax Cuts to Squeeze UK Public Services Beyond the Election
Chancellor of the Exchequer Jeremy Hunt will redouble the squeeze on Britain’s crumbling public services to pay for
2023-11-23 16:59
China Seen Holding Key Policy Rate Until 2024, Economists Say
China will likely wait until early next year to cut policy rates to support the economy, though other
2023-11-23 16:57
Le Maire Says French Debt Costs Would Rise on S&P Downgrade
French Finance Minister Bruno Le Maire warned that the country’s borrowing costs would rise if it is downgraded
2023-11-23 16:49
Indonesia Keeps Key Rate Steady After Growth Cooled Below 5%
Indonesia’s central bank kept the benchmark interest rate unchanged as muted inflation and the rupiah’s fragile recovery give
2023-11-23 16:23
Smallest UK Households Face Biggest Increase in New Energy Cap
British households using the least amount of energy are set to pay the biggest rate increase this winter
2023-11-23 15:57
Country Garden Shrugs Off Penny Stock Label Amid Sector Support
Distressed Chinese developer Country Garden Holdings Co. is poised to shed its penny stock status after Beijing signaled
2023-11-23 15:51