Powell Defies DC Critics and Makes Case for Why Rates Must Rise
Jerome Powell would like to make one thing clear: the Federal Reserve is not done hiking interest rates.
2023-06-22 16:22
China’s Midea Drops Pursuit of Swedish Home Appliance Maker Electrolux
Midea Group Co. has dropped its pursuit of Electrolux AB after finding the Swedish home appliance maker unreceptive
2023-06-22 16:15
Troubled Swedish Landlord SBB Hit by Probe on Accounting
The landlord at the center of a commercial property crisis in Sweden is being investigated by the country’s
2023-06-22 15:59
SNB Dials Down Interest-Rate Hiking With Only Quarter-Point Move
The Swiss National Bank delivered the smallest interest-rate hike since it began monetary tightening a year ago while
2023-06-22 15:51
Rupee Globalization to Spur Easier Trade, Ex-RBI Official Says
India’s efforts to internationalize the rupee are aimed at easing trade settlements with other nations, rather than contributing
2023-06-22 15:46
Philippines Keeps Key Rate Unchanged Again as Inflation Slows
The Philippine central bank kept its benchmark interest rate unchanged for a second consecutive meeting as inflation continued
2023-06-22 15:23
Deutsche Bank CEO Sewing Sees Trading Recovery in Second Half
Deutsche Bank AG Chief Executive Officer Christian Sewing said he expects trading results to improve in the second
2023-06-22 15:15
New Zealand’s Hipkins Disagrees With Biden That Xi Is a Dictator
New Zealand Prime Minister Chris Hipkins said he wouldn’t characterize Chinese President Xi Jinping as a dictator, disagreeing
2023-06-22 13:55
SNB Says Regulation Slowed Response to Credit Suisse Crisis
The crisis at Credit Suisse Group AG this year, which led to its near collapse and takeover by
2023-06-22 13:48
German Rail Passengers Face More Turmoil After Wage Talks Stall
German rail passengers face the prospect of more travel disruption after wage talks between Deutsche Bahn AG and
2023-06-22 13:24
Breakfast Index Falls for the First Time as UK Food Costs Ease
A full English breakfast has got cheaper for the first time since Bloomberg started an index measuring the
2023-06-22 12:18
Xi Wants Safety Standards Raised After Deadly Gas Blast Kills 31
Thirty-one people were killed by a gas explosion at a barbecue restaurant in northwestern China on Wednesday night,
2023-06-22 12:16