New Zealand Seen Stumbling From One Recession Into Another

New Zealand may emerge from recession in the current quarter but it will quickly stumble into another one.

2023-06-27 08:58

FTX Draft Bankruptcy Plan Calls for Cash Repayment, FTT Wipeout

FTX Group unveiled a draft creditor-repayment plan as part of its bankruptcy that calls for settling customer claims

2023-08-01 11:23

Japan's Sumitomo Mitsui Financial Group CEO dies at 65

TOKYO (Reuters) -Sumitomo Mitsui Financial Group (SMFG) on Monday said group CEO Jun Ohta died on Nov. 25 aged 65

2023-11-27 11:47

US House hardliners could try to block debt-ceiling deal without 'robust' cuts

By David Morgan WASHINGTON President Joe Biden and Republican U.S. House Speaker Kevin McCarthy have voiced growing confidence

2023-05-19 06:20

Asian shares extend global rally; oil prices jump on Saudi cuts

By Stella Qiu SYDNEY Asian shares extended a global rally on Monday on optimism the Federal Reserve would

2023-06-05 08:59

HSBC To Launch Digital Assets Custody for Tokenized Securities

HSBC Holdings Plc plans to offer institutional clients a custody service for digital assets such as tokenized securities,

2023-11-08 17:48

HSBC says pre-tax profit more than doubled in third quarter

Banking giant HSBC said on Monday that pre-tax profit in the third quarter more than doubled to $7.7 billion, reflecting the "positive impact of...

2023-10-30 12:54

GM expects to be forced to idle Kansas auto plant next week

General Motors said on Friday it expects to be forced to idle operations at its Kansas assembly plant

2023-09-16 04:56

EU pushes forward with post-Brexit forum for EU, UK financial regulators

By Huw Jones LONDON (Reuters) -The European Union's executive body said on Wednesday it has formally adopted a draft memorandum

2023-05-18 09:20

British Customers Are Gaining Confidence, NatWest CEO Rose Says

NatWest Group Plc Chief Executive Officer Alison Rose said British customers were gaining confidence, helping the bank keep

2023-06-15 16:50

Dollar holds firm ahead of U.S. durable goods, housing data

By Rocky Swift TOKYO The U.S. dollar held its ground against major currencies on Tuesday as tension in

2023-06-27 10:00

ZEDEDA Introduces New Certification to Support Growing Use of Edge Computing

SAN JOSE, Calif.--(BUSINESS WIRE)--Aug 24, 2023--

2023-08-24 20:25