EconomyMarkets rally amid hope for global economy and interest rates peakingSeptember 15, 202361HOPES that the global economy could shrug off long standing sluggishness and move into growth increased today with some decent...
MortgagesAs the Impact of High Interest Rates Takes Hold, Growth inSeptember 14, 202353TORONTO, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Canadian consumer debt reached $2.4 trillion, according to Equifax® Canada’s most recent Market...
BankingEurope’s central bank hikes key interest rate to record high even as recession threat growsSeptember 14, 2023116FRANKFURT, Germany (AP) — The European Central Bank hiked its key interest rate to a record high Thursday, pressing its...
BankingUK economy contracts in July as mild recession loomsSeptember 13, 202355The U.K. economy contracted 0.5% in July, below a forecast of 0.2%.It is the latest sign of economic strain in...
CurrenciesWhy the US Dollar Won’t Bow Out – The DiplomatSeptember 13, 202370The world of international finance has been abuzz with discussions of de-dollarization. Recent events such as the BRICS expansion and...
EconomyHas Barbenheimer helped keep the economy growing?September 11, 202354As the late-summer sunshine keeps the heat on London, a run of closely watched numbers this week will shed light...
BankingItalian banks see further decline in deposits, lending to firms in JulySeptember 11, 202350Italian residents' deposits with domestic banks continued to fall in July while domestic lenders further increased their bond issuance, Bank...
BankingNet zero and ageing populations risk higher taxes, warns BNP ParibasSeptember 10, 202361In the UK, government debt is at its highest level of more than 60 years at around 100pc of GDP,...
BankingFrench bank BNP Paribas tells clients to back Britain and shun eurozoneSeptember 9, 202398Oil prices are up by around a quarter since late June and reached 10-month highs this week, as Saudi Arabia...
Banking‘The transition to net zero has turned into a quasi-religious debate’September 8, 202380King believes that political posturing is part of the problem. Never one to shy away from a sporting analogy, he...