Banks Told to Review Clients Amid Historic ESG Crackdown in EU
Banks in Europe will need to adjust the risk assessments they conduct of their clients to reflect new
1970-01-01 08:00
Millennial Banana Heir Noboa Wins Ecuador Presidency in Runoff
A 35-year-old business leader from a wealthy fruit-exporting dynasty, Daniel Noboa, will be Ecuador’s next president after winning
1970-01-01 08:00
Oil Steadies as Israel-Hamas War Leaves Global Market On Edge
Oil traded in a narrow range, with Israel yet to launch its expected ground offensive of the Gaza
1970-01-01 08:00
US in Frantic Bid to Avert Wider Israel War After Iran Warning
The US is ratcheting up efforts to prevent the war between Israel and Hamas from engulfing the wider
1970-01-01 08:00
Global Markets Brace for More Volatility Amid Israel Conflict
Traders are preparing for another week of wild price swings as continuing conflict in the Middle East fuels
1970-01-01 08:00
Eskom Latest: Power Cuts Suspended, Stage Two Cuts from Monday
Eskom has extended the suspension of power cuts to 4 p.m. on Monday as the utility enjoys stable
1970-01-01 08:00
Asia Central Banks Get Creative on Currencies to Defend Reserves
Emerging Asian central banks are turning to innovative ways to protect their currencies as fears over higher-for-longer US
1970-01-01 08:00
Turbulent Bond Market Offers a Fleeting Glimpse of Cycle’s End
Bond traders got a glimpse this week of what the eventual end of the Federal Reserve’s hiking cycle
1970-01-01 08:00
Colombia Finance Chief Sees Swift Key Rate Cuts to 8% by 2024
Colombia’s central bank has room to lower interest rates by over five percentage points from the current level
1970-01-01 08:00
South Africa Chides Rich Nations Over ‘Just’ Transition to Green Tech
South African central bank chief Lesetja Kganyago urged wealthy nations to meet commitments to share the cost of
1970-01-01 08:00
IMF Sees No Conditions for Japan to Intervene in Currency Market
The International Monetary Fund said that it sees no factors that would compel Japan to intervene in the
1970-01-01 08:00
Carmakers Say They Can't Afford UAW Demands, While Paying CEOs $1 Billion
The United Auto Workers’s historic standoff with Detroit’s three carmaking giants is centered on an age-old tension: The
1970-01-01 08:00