JEROME Powell and Wall Street are headed for another face-off this week as the Federal Reserve seeks to slow its inflation-fighting campaign without signalling a readiness to stop.
EUROZONE government bond yields rose sharply on Monday (Jan 30) in the wake of stronger-than-expected Spanish inflation data, and as investors looked towards the European Central Bank’s (ECB) interest rate decision on Thursday.
GOLDMAN Sachs Group has restructured its assets in Russia, the RBC daily reported on Monday (Jan 30), citing two investment market sources, a move that could take the US bank closer to a full exit from the country.
A panel of academics and business executives on Monday (Jan 30) urged the Bank of Japan (BOJ) to make its 2 per cent inflation target a long-term goal instead of one that must be met as soon as possible, in light of the rising cost of prolonged monetary easing....
DEUTSCHE Bank appointed Johanes Oeni as head of international private bank for South-east Asia, a second senior hire from Credit Suisse Group in Singapore in recent months.
CHINESE high-yield dollar bonds are on a record winning streak, as efforts to buttress the ailing property sector and the government scrapping its Covid Zero policy have boosted the country’s economic prospects.
TOP bankers in Asia ex-Japan at Wall Street’s biggest firms are having their worst payouts since the financial crisis more than a decade ago, according to people familiar with the matter.
TO leave “no traces” as they hid billions in Canadian trusts for rich French families, a group of asset managers and lawyers referred to clients as “the old lady” or “the painter.”
