Euro zone households seek loans again after two years – ECB
Euro zone households are applying for loans in growing numbers for the first time in two years as they grow more optimistic […]
Exclusive: PwC weighs halving of China financial services audit staff, say sources
PricewaterhouseCoopers (PwC) is considering slashing up to half its financial services auditing staff in China, two people with knowledge of the matter […]
Bitcoin soars to two-week high after Trump attack
Bitcoin surged to a two-week high on Monday after the attempted assassination of U.S. presidential candidate Donald Trump raised the odds of the former president, who […]
In the Market: How regulators are using banks to illuminate shadow banks
The Federal Reserve has proposed new rules that would allow it to gather granular details about banks’ exposure to shadow banks, a […]
European stocks are seeing outsized moves as hedge funds drive trading
European companies are seeing outsized gains and losses in their shares when they report earnings, a Reuters analysis shows, a trend that […]
FACTBOX US banking execs weigh macroeconomic risks, Fed’s interest rate path
Executives from top U.S. banks remained divided over the U.S. Federal Reserve’s future path on interest rate cuts and flagged deterioration in […]
New era of private credit growth highlights its opaque nature, Moody’s says
The rapid growth of private credit lending beyond its traditional market highlights its opaque nature and potential concerns among regulators about its […]
Ethiopia’s coffee exports soar, generates $1.43 billion in revenue
According to a statement by the Ethiopian Coffee and Tea Authority (ECTA), the East African country exported 298,500 tonnes of coffee during […]
Morning Bid: Disinflation, rotation and a bruised dollar
A violent rotation from Big Tech into small cap stocks followed the surprisingly benign June U.S. inflation report, while U.S. borrowing rates and the dollar plunged […]
US FTC to delay decision on Chevron-Hess deal during Exxon arbitration, Bloomberg reports
The U.S. Federal Trade Commission plans to delay its decision on whether to block Chevron’s (CVX.N), opens new tab $53 billion takeover of Hess (HES.N), […]
Archegos Founder Bill Hwang Found Guilty on Fraud Charges
Bill Hwang, the founder of Archegos Capital Management, was convicted Wednesday of manipulating stock prices and defrauding banks in a scheme that […]
Japanese stocks log biggest weekly foreign inflow in nearly six months
Foreign investors made hefty investments in Japanese stocks in the week ended July 5, driven by a market rally and optimism over […]