ECB’s €5.3 Trillion Challenge Is Forcing a Rethink of Rate Plumbing
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.
European Banks’ Bumper Profits Overshadowed by Global Tensions
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 Pushing Pensions Into Private Equity Draws Industry Backlash
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.
War’s Economic Toll Steals Spotlight From Israel Interest Rates
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.
China’s Star 50 Tech Gauge Falls to Record Low on Growth Concern
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 Oil Fall as Fears Ease, Asia Stocks Drop: Markets Wrap
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.
Japan’s Carmakers Stage Show to Demonstrate Real EV Ambition
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.
Japan’s Carmakers Stage Show to Demonstrate Real EV Ambition
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 Twice-a-Decade Financial Policy Conference Next Week
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 Gender Bias Costs Economy $80 Billion, Taskforce Says
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.