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Sterling takes a beating; dollar gains ground
Sterling takes a beating; dollar gains ground
By Rae Wee SINGAPORE Sterling was struggling to recover from a sharp fall on Thursday following UK inflation
2023-07-20 09:17
Eskom Latest: Electricity Outages Ramped Up to Stage 6
Eskom Latest: Electricity Outages Ramped Up to Stage 6
South Africa’s state power utility will increase the intensity of electricity outages to the highest level in almost
2023-09-05 02:57
KKR adds former WeWork CFO to board
KKR adds former WeWork CFO to board
KKR & Co on Monday added former finance chief of office-sharing startup WeWork, Kimberly Ross, to the company's
2023-09-26 06:19
SVB and Signature Bank execs set to testify before the Senate this week
SVB and Signature Bank execs set to testify before the Senate this week
Despite the looming debt ceiling crisis that has taken center stage in Washington in recent weeks, lawmakers haven't forgotten about the other financial crisis this year: the March bank failures that set off turmoil in the regional banking sector.
2023-05-14 19:49
Meme-Darling Nikola Surges as Retail Investors Pile In
Meme-Darling Nikola Surges as Retail Investors Pile In
A gravity-defying rally in electric vehicle startup Nikola Corp. is showing no signs of stopping, as the company’s
2023-08-02 01:55
Fed officials are pausing to see what they've done to the economy. It's unlikely they'll learn something new
Fed officials are pausing to see what they've done to the economy. It's unlikely they'll learn something new
What the Fed could possibly learn about the economy in six weeks that it doesn't already know?
2023-06-17 19:58
Asian markets swing as crude spike stokes inflation concerns
Asian markets swing as crude spike stokes inflation concerns
Equities fluctuated Wednesday ahead of a crunch US inflation report, with investors increasingly nervous that a recent spike in oil will put fresh upward pressure on consumer prices and force the...
2023-09-13 10:59
Debt-Limit Talks Productive Ahead of Biden Meeting, McCarthy Says
Debt-Limit Talks Productive Ahead of Biden Meeting, McCarthy Says
House Speaker Kevin McCarthy said debt-limit discussions Monday morning with White House negotiators were productive ahead of a
2023-05-23 02:29
OpenAI’s CEO Calls on China to Help Shape AI Safety Guidelines
OpenAI’s CEO Calls on China to Help Shape AI Safety Guidelines
China should play a key role in shaping the artificial intelligence guardrails needed to ensure the safety of
2023-06-10 11:59
Maverick Capital Reveals Early Ties to ChatGPT’s Sam Altman
Maverick Capital Reveals Early Ties to ChatGPT’s Sam Altman
Lee Ainslie’s hedge fund firm backed ChatGPT’s creator long before the chatbot became synonymous with the artificial-intelligence boom.
2023-05-18 23:56
German producer prices rise in May
German producer prices rise in May
BERLIN German producer prices rose in May when compared with the same month last year, according to data
2023-06-20 14:27
Lagarde Says Inflation Is Strong, ECB to Hike Further
Lagarde Says Inflation Is Strong, ECB to Hike Further
European Central Bank President Christine Lagarde said inflation pressures remain powerful and borrowing costs will be raised further
2023-06-06 20:27