GLOBAL central banks mustn’t let up on raising interest rates until it’s absolutely clear that inflation is durably retreating, according to a senior International Monetary Fund (IMF) official.
TRADING in a key overnight funding market surged to the highest in at least seven years, an indication Federal Reserve tightening is putting increasing pressure on liquidity in the banking system.
MALAYSIAN Prime Minister Anwar Ibrahim demanded that Goldman Sachs Group honour its settlement with the government for its role in the 1MDB scandal, saying the Wall Street firm shouldn’t use its financial strength to dictate terms.
MALAYSIAN Prime Minister Anwar Ibrahim demanded that Goldman Sachs Group honour its settlement with the government for its role in the 1MDB scandal, saying the Wall Street firm shouldn’t use its financial strength to dictate terms.
BLOCKFI won bankruptcy court approval to set up an auction for the crypto lender’s digital coin mining business.
NON-fungible tokens (NFTs) are coming to the Bitcoin blockchain, sparking a debate among those who say the digital representations add a much-needed fresh use case and the purists concerned about deviating too far from the origins of the peer-to-peer cryptocurrency network.
HONG Kong is sticking with a plan to become Asia’s digital-asset capital despite the industry’s tarnished reputation, a stance drawing tentative interest from bruised crypto firms looking for paths to recovery.
ISRAELI Prime Minister Benjamin Netanyahu has invoked Wall Street investment banks Goldman Sachs Group and JPMorgan Chase to rebuff warnings of a market backlash against his government’s plans to reshape the judiciary.
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.












