The Federal Reserve is poised to begin phasing out its pandemic-era stimulus programme as early as next month and wrap up the process by mid-2022, as the economic recovery advances and more officials...
International bond sales by Chinese developers have all but halted as the crisis at China Evergrande stokes fears of defaults across the country’s property sector, throttling a crucial driver of Asia...
14/10/2021
Extreme volatility in energy markets will present a continued risk unless investment in clean power is tripled in the next decade, the head of the International Energy Agency warned, as he issued a...
13/10/2021
Just because pandemic inflation is transitory doesn’t mean it’s going away anytime soon.That’s the awkward conclusion that policy makers and investors are arriving at, as prices accelerate all over...
12/10/2021
The Kremlin’s ambassador to the EU has called on Europe to mend ties with Moscow in order to avoid future gas shortages, but insisted that Russia had nothing to do with the recent jump in prices....
11/10/2021
China has ordered coal miners to boost production urgently as the energy crisis threatens factories across the world’s second-biggest economy and forces Xi Jinping’s administration to backtrack on...
08/10/2021
Shares of Chinese Estates Holdings (0127.HK), a former major shareholder of embattled developer China Evergrande (3333.HK), jumped as much as 32% on Thursday after it announced an offer to be taken...
07/10/2021
Private equity firms are offering the highest premiums for listed companies in more than two decades, paying almost 70 per cent above the prior share price in some cases, in a sign of the widening...
06/10/2021
US oil prices rose to the highest level in seven years after Opec and its allies declined to accelerate plans to increase crude production, snubbing calls from the White House to help tackle a...
05/10/2021
The hidden wealth of hundreds of rich and powerful people around the world has been exposed in one of the biggest leaks of financial information.Source: Financial Times
04/10/2021