Israel is set to offer its first accounting of the toll on the economy from the violent conflict with Hamas, as the central bank reviews interest rates just over two weeks after attacks by the militant group forced emergency measures to stabilize markets.
European Central Bank officials weighing whether they’ve raised borrowing costs far enough are confronting a related challenge: how to ensure their policy continues to work.
Bank profits in Europe likely reached their highest point since the financial crisis this year, climbing in lockstep with interest rates. As the economic outlook darkens amid unfolding geopolitical crises, the focus this earnings season could now turn to margin pressure and signs of souring loans.
UK Chancellor Jeremy Hunt is facing a pension industry backlash over plans to push more savings into risky unlisted assets like private equity and public building projects.
China’s gauge of tech equities fell to the lowest since its inception more than three years ago as investors’ confidence in the sector wanes amid concerns higher US rates will hurt demand for growth stocks everywhere.
Gold and crude oil fell with Treasuries while US equity futures rose as fears softened over the weekend that the conflict in the Middle East would escalate. Asian stocks fell for a fourth day, with China worst hit as investor sentiment remains fragile.
The pressure is on domestic carmakers at this week’s Japan Mobility Show to prove they’re serious not only about going carbon neutral, but also revolutionizing the way people and goods move around.
The pressure is on domestic carmakers at this week’s Japan Mobility Show to prove they’re serious not only about going carbon neutral, but also revolutionizing the way people and goods move around.
China plans to convene a key financial policy gathering which takes place once every five years early next week to prevent risks and set medium-term priorities for the $61 trillion industry, according to people familiar with the matter.
Australia needs urgent legislative changes to end economic inequality between men and women, a government taskforce found, highlighting the problem costs the economy A$128 billion ($80 billion) a year.
