Billions Wiped Out as Stock-Safety Trade on Wall Street Misfires
Reeling from a bear market last year, beaten-up investors decided to send more than $60 billion to exchange-traded
2023-11-27 19:15
German Economy Chief Promises Funding for Key Climate Projects
German Economy Minister Robert Habeck pledged that the government will find a swift solution to the turmoil triggered
2023-11-27 18:57
Austerity Plans Spark Protests, Close Schools in Czech Republic
The Czech Republic is facing one of the biggest displays of public discontent since the fall of communism
2023-11-27 18:51
Turkish Bank Stocks Soar as BofA Predicts Strong Returns Ahead
Turkish banks’ shares surged the most in a month after Bank of America issued an across-the-board buy recommendation
2023-11-27 17:59
BOE’s Bailey Resists UK Rate Cuts for ‘Foreseeable Future’
Bank of England Governor Andrew Bailey suggested that interest-rate cuts are unlikely for the “foreseeable future” as he
2023-11-27 17:28
French Grocer Casino Gets Interest for Sale of Further Stores
Casino Guichard-Perrachon SA has received preliminary expressions of interest for some of its hypermarkets and supermarkets as the
2023-11-27 16:25
Deutsche Bank’s DWS Taps Former Oaktree Veteran for Alternatives
DWS Group, the asset management arm of Deutsche Bank AG, has hired Dan Robinson to lead its EMEA
2023-11-27 16:22
Hong Kong Cash Demand Sends Local Bank Rate to 16-Year High
A gauge of bank funding costs in Hong Kong jumped to the highest in 16 years, as year-end
2023-11-27 12:27
Australia Names Ex-Bank of England Official as New RBA No. 2
Australia’s government announced former Bank of England official Andrew Hauser will be the new deputy governor of the
2023-11-27 11:46
Korea Probes Sales of Derivative Products Tied to Chinese Stocks
A South Korean regulator is investigating whether financial institutions that sold derivatives products linked to Chinese stocks adequately
2023-11-27 09:51
Australian PM Albanese’s Support Slumps to Lowest Since Election
Support for Australia’s center-left Labor government has slumped to the lowest level since it was elected 18 months
2023-11-27 09:48
Sumitomo Mitsui CEO Ohta, Who Pushed Asia Expansion, Dies at 65
Sumitomo Mitsui Financial Group Inc.’s Chief Executive Officer Jun Ohta, who pursued an aggressive expansion abroad during his
2023-11-27 08:59