
House Leaders Confident They Will Pass Bill to Avert US Default
Republican and Democratic leaders are expressing confidence that compromise legislation to avert a catastrophic US default will pass
2023-06-01 02:16

US Mortgage Rates Rise to Near Seven-Month High of 6.91%
US mortgage rates surged to the highest level since early November last week, stifling demand for home purchases
2023-05-31 21:22

Europe’s Bond Rally Shows How Economic Cracks Are Spreading
European government bonds rallied while the euro and risk-sensitive Nordic currencies sank as cooling inflation prints and weak
2023-05-31 20:26

ECB Warns Rate Hikes Are Putting Market Stability at Risk
The European Central Bank said that financial markets will be vulnerable to negative shocks as it continues the
2023-05-31 18:27

Stocks in EM Slip to Worst Underperformance Since 2019 Trade War
Stocks in the developing world haven’t had such a bad run since the height of the US-China trade
2023-05-31 17:47

Prudential CFO James Turner Resigns Over Probe Into Conduct
Prudential Plc Chief Financial Officer James Turner resigned on Wednesday amid a probe into a code of conduct
2023-05-31 16:51

SBB Woes Deepen After Holding Company Skips Hybrid Bond Payment
The crisis engulfing Swedish landlord SBB worsened after the chief executive officer’s investment company skipped interest payments on
2023-05-31 16:22

French Inflation Slows More Than Expected to Weakest in Year
French inflation eased more than anticipated, reaching its lowest level in a year in a boost to those
2023-05-31 15:21

Handelsbanken to Sell Most of Finnish Unit for €1.3 billion
Swedish lender Svenska Handelsbanken AB has taken a major step toward exiting Finland after it struck agreements to
2023-05-31 15:20

Credit Suisse Notified by NYSE It’s Not Meeting Listing Rules
Credit Suisse Group AG said that it’s been notified by the New York Stock Exchange that it’s no
2023-05-31 14:50

UBS Family Office Clients Boost Hedge-Fund Bets Amid Volatility
UBS Group AG’s family office clients have increased allocations to hedge funds as they focus on active ways
2023-05-31 13:28

Bankman-Fried Points to Law Firm Advice as FTX Fraud Defense
FTX co-founder Sam Bankman-Fried is laying the groundwork for a defense that argues he relied upon the advice
2023-05-31 07:48