AT1s Deliver Big Returns to Traders Braving Credit Suisse Rout
In the days after Credit Suisse Group AG’s AT1s were wiped out, speculation was rife that the market
1970-01-01 08:00
World’s Largest Pension Fund GPIF Has Record Gain
Japan’s state pension fund, the world’s largest, posted a record gain of ¥18.98 trillion ($133 billion) during the
1970-01-01 08:00
Bond Traders Eye 5 Basis Points as BOJ Intervention Trigger
Bond traders are on guard for a further five-basis-points increase in benchmark Japanese bond yields amid speculation that
1970-01-01 08:00
Saudi Budget Slips Deeper Into Deficit With Jump in Spending
Saudi Arabia’s budget deficit widened in the second quarter as the government raised spending on social benefits and
1970-01-01 08:00
Credit Agricole Nears Deal for Degroof Petercam
Credit Agricole SA will acquire a majority stake in Belgian asset and wealth manager Degroof Petercam, as the
1970-01-01 08:00
Maersk Cuts Forecast for Global Trade as Destocking Lasts Longer
A.P. Moller-Maersk A/S, a bellwether for the world economy, lowered its estimate for global container trade, saying there
1970-01-01 08:00
Germany Factory Orders Unexpectedly Jump Most in Three Years
German factory orders unexpectedly jumped the most in three years in June, a sign that Europe’s largest economy
1970-01-01 08:00
Wheat Gains as Russia Halts Novorossiysk Port Traffic on Attack
Wheat futures rose after the Novorossiysk port was closed to marine traffic by Russian authorities following a drone
1970-01-01 08:00
Monte Paschi Profit Beats Estimates on Rising Rates, Lower Costs
Banca Monte dei Paschi di Siena SpA reported better than-expected earnings as it joined European peers in benefiting
1970-01-01 08:00
Buffett’s Favored Japan Trading Firms Post Solid Earnings
Japanese trading houses — a darling of Warren Buffett’s — posted strong earnings last quarter, despite a drop
1970-01-01 08:00
Commerzbank Lifts Outlook for Lending as Rate Boost Persists
Commerzbank AG raised its outlook for lending income and said it will seek approval for another buyback as
1970-01-01 08:00
Egypt Surprises With Rate Hike Even as Devaluation Delayed
Egypt unexpectedly resumed its cycle of monetary tightening, seeking to tame inflation that’s running at an all-time high.
1970-01-01 08:00
