Westpac to layoff 300 workers in business and retail unit, says trade union
Australian lender Westpac Banking Corp will cut around 300 jobs in its consumer and business banking segments at
2023-06-12 11:23
US Economy Remains ‘Very, Very Hot,’ Larry Summers Says
The US economy remains “very, very hot,” though not as much as it was six to 12 months
2023-06-12 10:58
Iron Ore Sheds Nearly 5% After Goldman’s China Property Warning
Iron ore fell for the first time in nine sessions as Goldman Sachs Group Inc. warned that property
2023-06-12 10:50
UBS to Impose Risk Limits on CS With Deal Set to Close, FT Says
UBS Group AG will impose strict restrictions on bankers from Credit Suisse Group AG, including a ban on
2023-06-12 10:47
Goldman Expects ‘L-Shaped’ Recovery in China’s Property Market
China’s struggling real estate industry is expected to see an L-shaped recovery in the coming years, placing a
2023-06-12 10:23
Eisai, Biogen Clinch FDA Advisers’ Support for Alzheimer’s Drug
Eisai Co.’s Alzheimer’s disease drug developed with Biogen Inc. gained support from advisers to US regulators, paving the
2023-06-12 09:28
Four Vietnam Police Officers Killed in Coffee Region Shootings
Vietnam police arrested 16 suspects after four officers were killed in shootings at police stations in the country’s
2023-06-12 09:16
Fed Will Keep Rates High Thanks to Inflation Fueled by Corporate Greed, Investors Say
Soaring corporate profits are a big part of the inflation problem, and keeping interest rates high is the
2023-06-12 08:27
Taiwan Extends Two-Year Rise in US Chip Exports Despite Downturn
Taiwan’s exports of chips to the US rose for a 26th consecutive month in May, defying a downturn
2023-06-12 07:47
Andreessen Horowitz Picks Crypto-Friendly London as International Base
Silicon Valley venture capital firm Andreessen Horowitz is planning to open its first international office in London, citing
2023-06-12 07:29
BOJ’s Ueda Likely to Hold With Bond Market on His Side For Now
A less-distorted bond market, continued weakness in wages and the threat of an early election are among the
2023-06-12 07:27
Oil Holds Losses Amid Demand Woes as Goldman Cuts Outlook Again
Oil held losses amid persistent concerns around the demand outlook as Goldman Sachs Group Inc. cut its price
2023-06-12 07:22