Europe’s Banks Say They’re Back. So Why Doesn’t Anyone Buy Their Shares?
PacWest Bancorp lost $1 billion in one quarter, saw its stock drop 89% in two months, and has
2023-05-25 17:17
European Gas Slumps Again as Industries Struggle to Boost Demand
European natural gas prices fell further from the lowest close in almost two years as a weak regional
2023-05-25 16:49
Mozambique Ex-Finance Chief Faces US Trial in Tuna-Bond Case
Mozambique’s former Finance Minister, Manuel Chang, is set to face charges in the US over his role in
2023-05-25 16:26
Bank Indonesia Holds Rate Steady Even as Risks to Rupiah Mount
Indonesia’s central bank held its benchmark interest rate for a fourth straight meeting, even as a deadlock in
2023-05-25 15:53
Vietnam's VinFast recalls first batch of US-bound EVs over security risk
HANOI (Reuters) -Vietnamese electric vehicle (EV) maker VinFast is recalling all of the first batch of vehicles it shipped to
2023-05-25 15:16
China Stocks Rout Extends as Traders Rush to Sell Before Holiday
Chinese stocks in Hong Kong plunged as investors trimmed positions ahead of a long weekend, with disappointing earnings
2023-05-25 14:49
Germany Suffers Winter Recession on Bleaker First Quarter
Germany suffered a winter recession, fresh data showed, extinguishing hopes that Europe’s top economy could escape such a
2023-05-25 14:46
Singapore Dollar at Record High Versus Ringgit on China Worries
The Singaporean dollar surged to the strongest level on record against the Malaysian ringgit, with the latter suffering
2023-05-25 14:20
Turkey Asked Banks to Buy Eurobonds to Support Default Swaps
Turkey’s central bank asked some local lenders this week to step in and buy the country’s dollar bonds,
2023-05-25 14:19
Southeast Asia’s Stock Valuation Premium Disappears Amid Selloff
The selloff in a gauge of Southeast Asian equities this month has made it cheaper than a broader
2023-05-25 14:15
RBI May Need to Buy $18 Billion of Bonds to Add Cash, ICICI Says
India’s central bank may buy as much as 1.5 trillion rupees ($18 billion) of government bonds to replenish
2023-05-25 13:49
Solar Power Investment Set to Surpass Oil Production Spending This Year
Investors will pour more money into solar power than in oil production this year for the first time,
2023-05-25 13:29