Federal Reserve officials last month affirmed their resolve to bring down inflation and, in an unusually blunt warning to investors, cautioned against underestimating their will to keep interest...
Chinese authorities are planning to usher in further support measures to ease liquidity stress at some of the nation’s too-big-to-fail developers as the property downturn persists, according to...
04/01/2023
The latest US employment report is anticipated to highlight the resilience of the nation’s labor market through 2022, despite the most aggressive pace of monetary tightening in decades.Source:...
03/01/2023
A Democratic-controlled U.S. House of Representatives committee released six years of former President Donald Trump's tax returns to the public on Friday in an extraordinary move days before...
02/01/2023
Contracts to buy U.S. previously owned homes fell far more than expected in November, diving for a sixth straight month in the latest indication of the hefty toll the Federal Reserve's interest rate...
30/12/2022
ExxonMobil is suing the EU in a bid to force it to scrap the bloc’s new windfall tax on oil groups, arguing Brussels exceeded its legal authority by imposing the levy.Source: Financial Times
29/12/2022
Global debt markets extended an end-of year selloff Wednesday, prompting additional bond purchases from the Bank of Japan.Source: Bloomberg
28/12/2022
The world faces a recession in 2023 as higher borrowing costs aimed at tackling inflation cause a number of economies to contract, according to the Centre for Economics and Business Research.Source:...
27/12/2022
Japan’s key inflation gauge further accelerated to the fastest pace since 1981, an outcome that will continue to fuel speculation the Bank of Japan will surprise markets again with policy change down...
23/12/2022
Bankers in New York and London are bracing for year-end bonuses that recruiters estimate are 30% to 50% lower, while some may receive none at all as dealmaking sputters and economic gloom sets takes...
22/12/2022