New Zealand Plans NZ$1 Billion Recovery Package for Bad Weather
New Zealand announced an NZ$1 billion ($619 million) flood and cyclone recovery package as part of its yearly
2023-05-14 10:59
Jimmy Lai’s Son Warns Firms on Hong Kong Reopening
The son of jailed media tycoon Jimmy Lai is warning Western businesses about investing in Hong Kong as
2023-05-13 23:23
Recession? Corporate America’s Earnings Say It’s Already Arrived
As the US economy teeters on the brink of recession, Wall Street is already enduring what could turn
2023-05-13 20:55
Fed’s Jefferson Says Inflation High, But Policy ‘On Track’
Federal Reserve Governor Philip Jefferson said progress on inflation this year has been “mixed,” but noted that policy
2023-05-13 09:56
JPMorgan Fights Epstein Victim’s Bid for Class-Action Status
JPMorgan Chase & Co. urged a court to reject a request by victim of Jeffrey Epstein to let
2023-05-13 06:59
Italy Survives Fitch Judgment in Boost for Meloni Before Moody’s
Italy retained a credit assessment two notches above junk from Fitch Ratings, a vote of confidence in the
2023-05-13 05:46
Hedge Fund Trade With a History of Blowups Is Back Again
Hedge funds looking to profit from dislocations in the US Treasury market appear to be playing with the
2023-05-13 05:19
Fed’s Extreme Stranglehold Over Wall Street Trading Is Easing
Risky and safe assets alike have hung on every word and deed of Jerome Powell and Co. for
2023-05-13 04:21
Biden to Nominate Kugler to Fed Post, First Latina on Board
President Joe Biden said he’d nominate Federal Reserve Governor Philip Jefferson as vice chair and Adriana Kugler as
2023-05-13 01:25
India’s Retail Inflation Eases More Than Estimated in April
Consumer prices in India continued to slide in April, giving the central bank room to keep rates on
2023-05-12 20:22
Singapore Extends MAS Chief Menon’s Term For Up to Two Years
Singapore extended the term of its central bank chief Ravi Menon by up to two years. The re-appointment
2023-05-12 20:18
China Is Scaring Away Foreign Investors That Its Cities Want
China’s unpredictable policy making is deterring foreign investment that the country’s cash-strapped cities are desperate to entice. Local
2023-05-12 17:55