Stock MarketLondon battles to get its mojo backSeptember 24, 202366When UK chip-designer Arm’s stock price surged 25% on the first day of trading after its bumper $5.2bn IPO on 14 September,...
FinanceUnited States and China launch economic and financial working groups with aim of easing tensionsSeptember 22, 202361WASHINGTON (AP) — The U.S. Treasury Department and China’s Ministry of Finance launched a pair of economic working groups on...
BankingBank of England joins US Fed in keeping interest rates unchanged after inflation declinesSeptember 21, 202356LONDON (AP) — The Bank of England on Thursday joined the U.S. Federal Reserve in pausing interest rate increases after...
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...
CryptocurrencyG20 Shows Signs of Global Cooperation on Crypto, TaxesSeptember 11, 202375Leaders of the Group of 20 nations agreed to give global tax authorities greater insight into cryptocurrency transactions, a sign...
BankingEurope’s economic outlook worsens as high prices plague consumer spendingSeptember 11, 202352FRANKFURT, Germany -- The European Union has lowered its forecast for economic growth this year and next, saying inflation is...
MoneyEU rebukes its representative in Austria over ‘blood money’ comment on Russian gas importsSeptember 8, 2023119BRUSSELS (AP) — The European Union’s executive branch strongly criticized the bloc’s representative in Austria for accusing the country of...
BankingHow banks can stop regulators’ WhatsApp crackdownSeptember 5, 202379Brad Levy is chief executive of Symphony, a financial markets infrastructure and technology platformThe latest regulatory crackdown on unauthorised WhatsApps provides a...
BankingEvercore plans Paris office launch with 15 dealmakersAugust 24, 202369Boutique investment bank Evercore is set to launch an operation in Paris, hiring dealmakers in the French capital as its...
CurrenciesOpinion: The debt supercycle that hit the U.S. and Europe has now come for ChinaAugust 21, 202390The 2008 financial crisis in the United States kicked off a debt supercycle, which spread to Europe in 2010 and has...