US Default Swaps Are Now More Expensive Than Brazil, Mexico
The cost of insuring Treasuries against default now eclipses some emerging markets as the American government gets closer
2023-05-11 00:50
SVB Lends $200 Million in First Syndicated Loan Since Collapse
Silicon Valley Bank will lead a more than $200 million financing facility for Pivot Energy Inc.’s multi-state portfolio
2023-05-11 00:48
Fed Gets Room to Hold in June as Inflation Shows Sign of Cooling
Signs of moderating price pressures in April will give Federal Reserve officials room to pause their aggressive tightening
2023-05-10 23:26
ECB Officials Start to Accept Rate Hikes May Not End in July
European Central Bank officials are starting to accept that interest-rate increases might need to continue in September to
2023-05-10 23:18
Costa Rica’s President Declares an End to Decades of Reckless Debt and Deficits
Costa Rica’s days of living beyond its means and running up reckless amounts of debt are over, said
2023-05-10 22:21
UAE’s Royal Group Shorts US Stocks on Global Recession Fears
An investment firm controlled by a top Abu Dhabi royal has built a short position worth billions of
2023-05-10 21:59
Norway Irks Wind Power Investors With Plan to Slap 40% Tax
As the US and EU throw billions at building out the industry needed for the transition to a
2023-05-10 20:28
Analysis-Pakistan’s deepening political crisis douses hopes for IMF relief
By Karin Strohecker, Jorgelina do Rosario and Ariba Shahid LONDON/KARACHI The political crisis engulfing Pakistan is eroding hopes
2023-05-10 20:24
Wall Street is strangely calm about the debt ceiling. That could all change this month
Dire warnings about the economic chaos and catastrophe that will ensue if the US debt ceiling isn't lifted soon abound. Still, markets remain rather sanguine about the Washington drama.
2023-05-10 19:49
Premiums Commanded by Dirty Crude Are Surprising Oil Traders
Asian and European oil buyers are having to pay hefty prices for lower-quality, dirtier crudes as sanctions on
2023-05-10 19:46
Energy Crunch Looms in Europe as Crisis Not Over, EON Warns
German utility EON SE warned that Europe may not have seen the end of turmoil in its energy
2023-05-10 18:50
Africa Needs $700 Billion of Finance for Green Energy and Metals
Africa will need more than $700 billion in finance over the next decade to develop renewable power and
2023-05-10 18:49