Failed sale, appraisal delays behind first loss on a AAA bond since 2008 crisis
A failed attempt to sell a New York City office tower helped cause more than a year-long delay for two credit rating agencies to downgrade a commercial
August 27, 2024A failed attempt to sell a New York City office tower helped cause more than a year-long delay for two credit rating agencies to downgrade a commercial
August 27, 2024Prime Minister Denys Shmyhal said on Tuesday that Ukraine needed an extra $15 billion to cover its budget deficit in 2025.
August 27, 2024Sony is raising the price of its PlayStation 5 (PS5) games console in Japan by about 20%, it said on Tuesday, citing a difficult external environment including global economic
August 27, 2024Japan's Seven & i Holdings must act fast to negotiate a takeover bid from Canada's Alimentation Couche-Tard that has "historic implications", said a fund manager at shareholder
August 27, 2024China's nascent low-altitude economy - made up of manned or unmanned aviation services at low elevations - has captured investors' interest but many lack information and guidance
August 27, 2024UK's benchmark FTSE 100 stock index ended higher on Tuesday, led by gains in travel and mining shares, while Bunzl hit a record high after the business
August 27, 2024The Bank of Japan (BOJ) said on Tuesday it would start preliminary research on including wage-related items in its quarterly "tankan" business survey to more accurately reflect wage
August 27, 2024Gains in banking stocks and airlines lifted European shares on Tuesday, though trading remained cautious ahead of key economic data later this
August 27, 2024The Dow Jones Industrial Average inched up to another record high on a mixed day of trading for Wall Street
August 27, 2024Foreign investors are unloading their holdings of expensive Indian stocks and turning instead to new listings in primary markets as they seek
August 27, 2024A look at the day ahead in European and global markets from Ankur Banerjee Optimism over looming U.S. interest rate cuts have been tempered by nervousness over what economic data will show in the
August 27, 2024Australia's Woodside Energy reported on Tuesday a decline of 14% in half-year profit, hit by lower oil prices, but the result and its dividend beat
August 27, 2024Australian grocer Coles reported annual profit ahead of expectations on Tuesday, driven by robust supermarket sales and enhanced inventory control to curb theft-related
August 27, 2024A gauge of global shares climbed in choppy trading while oil prices slipped on Tuesday as investors weighed geopolitical risks as well as
August 27, 2024China's industrial profits grew faster in July buoyed by high-tech manufacturing, even as sluggish domestic demand weighed on the recovery in the world's
August 27, 2024Oil prices fell about 2% on Tuesday on worries that slower economic growth in the U.S. and China could reduce demand for energy, especially after prices surged
August 27, 2024British shop prices fell in annual terms this month for the first time since October 2021, pushed down by summer sales of clothes and household goods, a survey showed on Tuesday.
August 26, 2024BHP Group will focus on growing its copper business through existing and incoming projects after its failed attempt to buy Anglo American, it
August 26, 2024The International Monetary Fund reached a staff-level agreement for Liberia on a new 40-month extended credit facility arrangement for $209 million, the IMF said in a statement
August 26, 2024A look at the day ahead in Asian markets.
August 26, 2024The International Monetary Fund on Monday named Jamaican Finance Minister Nigel Clarke to a top post at the agency, after the official spearheaded fiscal reforms in the Caribbean
August 26, 2024Bank of New York Mellon has agreed to pay $5 million to settle U.S.
August 26, 2024A federal judge on Monday rejected a banking industry-backed challenge to a rule adopted by the U.S.
August 26, 2024San Francisco Federal Reserve President Mary Daly on Monday said "the time is upon us" to cut interest rates, likely starting with a quarter-percentage point reduction in
August 26, 2024JPMorgan Chase has been accused in a new lawsuit of sweeping customers' idle cash into accounts with "unreasonably" low interest rates.
August 26, 2024