Today: September 22, 2024
Today: September 22, 2024

Finance

Economy|Finance

Australia's banking regulator says it will not ease home lending rules

Australia's banking regulator on Monday said it would retain its strict home loan lending rules amid concern that the level of overall risk to the financial system remained elevated

Australia's banking regulator says it will not ease home lending rules
Economy|Finance

BOJ's victory lap on deflation paves way for rate-hike cycle

The Bank of Japan is setting the stage for an era of steady interest rate hikes by claiming victory in its long battle with deflation, sources and analysts say, in a

BOJ's victory lap on deflation paves way for rate-hike cycle
Asia|Economy|Finance

Hoping for calm, bracing for more volatility

A look at the day ahead in Asian markets.

Hoping for calm, bracing for more volatility
Asia|Business|Finance|Stock Markets

Fidelity, Nomura line up bids for Ola Electric's India IPO, sources say

SoftBank-backed Indian e-scooter maker Ola Electric's IPO is set to draw investor bids from Fidelity, Nomura and Norway's Norges Bank, as well as several Indian

Fidelity, Nomura line up bids for Ola Electric's India IPO, sources say
Business|Economy|Finance

US home insurers suffer biggest loss of century in 2023

U.S. home insurers suffered their worst underwriting loss this century in 2023, as a toxic mix of natural disasters, inflation and population growth in at-risk areas put a vital financial

US home insurers suffer biggest loss of century in 2023
Economy|Finance|Technology

Bitcoin price dips as Trump addresses crypto audience

The price of bitcoin eased on Saturday as U.S.

Bitcoin price dips as Trump addresses crypto audience
Economy|Finance

Smart moves to make when the Fed starts cutting rates

Smart moves to make when the Fed starts cutting rates

Smart moves to make when the Fed starts cutting rates
Business|Economy|Finance|Technology

Trump, who once trashed bitcoin as ‘based on thin air,’ addresses crypto’s largest convention

Trump, who once trashed bitcoin as ‘based on thin air,’ addresses crypto’s largest convention

Trump, who once trashed bitcoin as ‘based on thin air,’ addresses crypto’s largest convention
Economy|Finance

Yellen says Japan explained 2022 FX intervention, Nikkei reports

U.S. Treasury Secretary Janet Yellen said Japan had explained its intervention into the currency market in 2022, the Nikkei Business daily reported on Saturday.

Yellen says Japan explained 2022 FX intervention, Nikkei reports
Americas|Economy|Finance

Biden will announce Supreme Court reform plans on Monday, Politico reports

U.S.

Biden will announce Supreme Court reform plans on Monday, Politico reports
Economy|Finance

G20 agrees to tackle taxation of the super-rich, but forum not yet decided

The first-ever joint declaration by G20 finance leaders vowing to cooperate on effectively taxing the world's largest fortunes on Friday

G20 agrees to tackle taxation of the super-rich, but forum not yet decided
Business|Economy|Finance

Hedge fund study on U.S. Treasury issuance fuels debate

A hedge fund study that said the U.S.

Hedge fund study on U.S. Treasury issuance fuels debate
Business|Economy|Finance

Six banks settle European bond price fixing litigation in New York

Six banks including Bank of America and Citigroup agreed to pay $80 million to settle antitrust litigation in New York accusing them of conspiring to rig

Six banks settle European bond price fixing litigation in New York
Election|Finance|Political

With trials pushed back, Trump sees first big dip in legal bills

As former President Donald Trump faces a supercharged Democratic fundraising effort, a persistent drag on his campaign’s coffers may be easing: legal expenses

With trials pushed back, Trump sees first big dip in legal bills
Business|Economy|Finance

Starbucks' ex-CEO Schultz opposes potential settlement with Elliott, FT reports

Former Starbucks chief executive, Howard Schultz, is opposing a potential settlement between the coffee chain and activist investor Elliott Investment Management, the Financial Times

Starbucks' ex-CEO Schultz opposes potential settlement with Elliott, FT reports
Finance|Stock Markets

Nasdaq says top shareholder Thoma Bravo to sell shares worth $2.8 billion

Nasdaq said on Friday that private equity firm Thoma Bravo will sell 41.6 million shares in the transatlantic exchange operator through a secondary public offering.

Nasdaq says top shareholder Thoma Bravo to sell shares worth $2.8 billion
Economy|Finance

Debut of Bill Ackman's new fund delayed but expected to proceed

The New York Stock Exchange said on Friday that the debut of billionaire investor Bill Ackman's new U.S. fund, Pershing Square USA, has been delayed, without

Debut of Bill Ackman's new fund delayed but expected to proceed
Economy|Finance

Michigan state pension fund makes $6.6 million bitcoin ETF investment

The State of Michigan Retirement System, which oversees some $143.9 million in pension fund assets for state employees, has invested $6.6 million in the ARK 21Shares

Michigan state pension fund makes $6.6 million bitcoin ETF investment
Business|Economy|Finance

Deutsche Bank says commercial real estate remains under pressure

Deutsche Bank on Wednesday tempered exepectations for a recovery in the commercial real estate market and said it forecasts further pressure in the

Deutsche Bank says commercial real estate remains under pressure
Business|Finance

Santander Brasil's net profit up 44% in Q2, beating forecasts

Santander Brasil's second-quarter recurring net profit jumped 44.3% on a yearly basis, the bank reported on Wednesday, topping market forecasts helped by higher lending and fees.

Santander Brasil's net profit up 44% in Q2, beating forecasts
Africa|Economy|Finance|Political

Kenya's president names John Mbadi as finance minister

Kenya's President William Ruto on Wednesday named John Mbadi as finance minister in a cabinet that includes opposition coalition members in a planned broad-based government.

Kenya's president names John Mbadi as finance minister
Business|Economy|Entertainment|Finance

Theater chain AMC forecasts Q2 loss due to fewer big releases

AMC Entertainment Holdings said on Wednesday it would report a loss for the second quarter compared to a profit in the year-ago period, blaming a thin slate of big releases due to last

Theater chain AMC forecasts Q2 loss due to fewer big releases
Business|Economy|Finance|Stock Markets

Blackstone's battered mortgage fund slumps as empty offices intensify pressure

Shares of commercial real estate finance company Blackstone Mortgage Trust fell 10% on Wednesday as the firm cut its dividend 24%, facing

Blackstone's battered mortgage fund slumps as empty offices intensify pressure
Economy|Finance

US spot ether ETFs see net inflows of $106 million on first day

The nine exchange-traded funds (ETFs) tied to the spot price of ether, the world's second-largest cryptocurrency, scooped up net inflows of $106 million on Tuesday as they

US spot ether ETFs see net inflows of $106 million on first day
Business|Economy|Finance

Four UK high street banks broke retail competition rules, watchdog says

Four high street banks, HSBC, Lloyds, TSB and Allied Irish Bank (AIB), broke Britain's competition rules, the Competition and Markets Authority said in a statement on Thursday.

Four UK high street banks broke retail competition rules, watchdog says

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