Wall Street Soothsayers Have Rarely Been So Bewildered About What’s Next
Up and down Wall Street, forecasters were caught flat-footed by how the first half of 2023 unfolded in
2023-07-08 23:18
France’s Le Maire Says Policies Must Recognize Inflation Easing
French Finance Minister Bruno Le Maire said policymakers must account for the fact that Europe is moving past
2023-07-08 22:51
Ex-AQR Quant Says Inverted Yield Curve Won’t Crush Bond Returns
Worried that the dreaded inversion of the Treasury yield curve will lay out traps for your bond portfolio
2023-07-08 21:29
China Cuts Stock Funds’ Management Fees to Bolster Market
China’s securities regulator cut stock mutual funds’ management fees and vowed to push more institutional investors to raise
2023-07-08 19:56
Erdogan Says Turkey Wants Three-Month Extension of Grain Deal
Turkey wants the safe-transit deal for Ukrainian grain exports from Black Sea ports extended for three months instead
2023-07-08 17:24
Charting the Global Economy: Employers in US Temper Hiring Pace
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. US employers
2023-07-08 17:22
Swedish Real Estate Woes Pile Rating Pressure on Handelsbanken
Svenska Handelsbanken AB, Sweden’s third biggest bank by market value, may see its public credit rating lowered if
2023-07-08 16:19
Ukraine Recap: Biden Says Kyiv Isn’t Ready for NATO Membership
Russia’s invasion of Ukraine hits the 500-day mark on Saturday. President Joe Biden told CNN that a vote
2023-07-08 15:18
Markets Turn Against UK as Inflation and Growth Outlook Darkens
Markets have turned against the UK for the second time in under a year as the outlook for
2023-07-08 13:48
China Regulator Pushes Mutual Funds to Lower Fees
The China Securities Regulatory Commission plans to reform the mutual fund industry’s fee mechanisms, and push fund firms
2023-07-08 13:27
Swiss Banks Can Handle More Rate Hikes, SNB’s Schlegel Says
Switzerland’s lenders are strong enough to cope with possible additional interest-rate increases by the Swiss National Bank, its
2023-07-08 11:27
Ant to Buy Back Shares at 70% Lower Valuation Than at IPO
Jack Ma-backed Ant Group Co. is proposing to buy back as much as 7.6% of shares in an
2023-07-08 10:56