Fed Needs More Hikes If Inflation, Labor Stay Hot, Bowman Says
The Federal Reserve will likely need to raise interest rates further and hold them higher for some time
2023-05-12 15:20
Gold Looks ‘Best Hedge’ as Debt-Ceiling Angst Builds, RBC Says
Mounting fears over the US debt-ceiling crisis will benefit gold as investors brace for potential chaos in financial
2023-05-12 13:50
Meet the Contenders Vying to Become Kenyan Central Bank Governor
Six candidates are vying to succeed Patrick Njoroge as the governor of Kenya’s central bank, a changeover that
2023-05-12 13:28
Earnings Surge for Main Thai Airlines as Tourists Flock Back
Thai Airways International Pcl and Bangkok Airways Pcl reported a surge in first-quarter earnings as tourists flocked back
2023-05-12 12:59
China Bond Watchdog Probes Major Banks’ Debt-Issuance Work
Probes were announced this week against at least three major Chinese banks amid stepped-up efforts to address long-standing
2023-05-12 10:54
China Builder Fantasia Faces Key Shareholder Revolt on Debt Plan
A Chinese property developer whose default in 2021 has since fed into a broader industry rout is facing
2023-05-12 10:45
Peru Holds Key Rate for a Fourth Month as Inflation Cools
Peru left borrowing costs unchanged for the fourth straight month as inflation finally begins to cool at rates
2023-05-12 07:50
Asia Shares Set for Mixed Open After Bonds Rally: Markets Wrap
Stocks in Asia are set for a muted open after a mixed US session that saw Treasuries and
2023-05-12 06:46
Fed’s Kashkari Says Inflation Too High, Wages Softened Somewhat
Federal Reserve Bank of Minneapolis President Neel Kashkari said price pressures remain too hot, even as officials assess
2023-05-11 22:57
Dimon Jabs at Trump on Debt Ceiling, Says JPMorgan Has War Room
JPMorgan Chase & Co.’s Jamie Dimon took a jab at Donald Trump for encouraging Republican lawmakers to dig
2023-05-11 22:50
Dimon ‘So Sad’ Over JPMorgan’s Epstein Ties Ahead of Deposition
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said he regretted his bank’s ties to Jeffrey Epstein
2023-05-11 21:25
PacWest Deposits Dropped 9.5% After Report of Investor Talks
PacWest Bancorp said deposits fell 9.5% last week after a news report that the lender was in talks
2023-05-11 19:48