UBS’s Ermotti Says State, SNB Losses ‘Exceptionally Unlikely’
UBS Group AG Chief Executive Officer Sergio Ermotti said that the Swiss government and Central Bank are “exceptionally
2023-05-12 15:45
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
Rand Extends Slump as South Africa’s Row With US Puts Trade Ties at Risk
The rand slumped to its weakest level on record against the dollar as a diplomatic row between South
2023-05-12 15:18
GSK Raises $1 Billion Selling Shares in Haleon Consumer Spinoff
GSK Plc raised £804 million ($1 billion) selling a stake in Haleon Plc, the consumer health-care division it
2023-05-12 14:54
THG Ends Talks With Apollo in Latest Failed Takeover Attempt
THG Plc has ended talks with Apollo Global Management Inc. in the latest failed takeover attempt of the
2023-05-12 14:48
China Housing Rebound Fizzling Shows Risks to Economic Recovery
China’s housing market sales is regressing after a brief recovery, underscoring the challenges the world’s second-largest economy is
2023-05-12 14:28
Pimco Clients Add €14 Billion, Ending a Year of Outflows
Pacific Investment Management Co. saw outside clients add money in the first quarter, after a year of withdrawals
2023-05-12 14:25
Nissan Shares Rise After Profit Outlook Tops Estimates
Nissan Motor Co. shares rose the most in almost a year after the carmaker raised its operating profit
2023-05-12 13:55
Thai Military Rules Out Coup After Vote as Campaigning Ends
Thailand’s army chief said there was “zero chance” of the Southeast Asian nation returning to a military rule
2023-05-12 13:27
Carlyle Is Weighing Entry Into Private Credit Market in India
Carlyle Group Inc. is in the early stages of exploring an entry into India’s private credit market, joining
2023-05-12 12:57
Philippine Court Acquits Duterte Critic in a Drug Case Six Years Into Detention
A Philippine court has acquitted former Senator Leila de Lima for one of her two remaining drug cases,
2023-05-12 12:20
Kepco CEO Offers to Resign as Utility Vows Financial Overhaul
Korea Electric Power Corp.’s Chief Executive Officer Cheong Seung-il offered to resign as the state-run utility announced a
2023-05-12 12:19