China’s struggling real estate developer Country Garden has won approval from its creditors to extend the repayment of six bonds it issued in China by three years...
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JPMorgan Chase CEO Jamie Dimon said on Monday that it would be a “big mistake” to believe that while the U.S. economy is doing well, it will last for years. JPMor...
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Japanese Finance Minister Shunichi Suzuki said he expects the Bank of Japan to conduct monetary policy appropriately and work with the government to achieve its i...
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Oil rose to trade near its highest level this year ahead of reports that could offer more insight into market balance. U.S. crude rose to $88 a barrel after shedd...
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According to the chief economists of American banks, the Fed is done raising interest rates and will start cutting rates next year. According to a survey conducte...
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Michael Barr, the Vice Chairman of the Federal Reserve (Fed) for Supervision, stated that the proposed regulation to increase bank capital could increase banks’ f...
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Spanish Deputy Prime Minister Yolanda Diaz reacted to the freezing of European Union (EU) development aid to Palestinians while conflict between Israel and Palest...
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In the US, the United Automotive Workers Union (UAW) announced that approximately 4,000 of its members have decided to strike at the Pennsylvania, Maryland and Fl...
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Fed Vice Chairman Philip Jefferson said the central bank should be careful about further increases in the benchmark federal funds rate, adding that “we are in a d...
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Treasury Secretary Janet Yellen said she was preparing to block any evasion of the G7’s price cap on Russian oil because recent market prices suggested the mechan...
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Oil prices settled after their biggest rise in six months on the prospect of escalating tensions in the Middle East. U.S. crude rose 4.3 percent on Monday to trad...
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The Fed members’ messages, along with the search for a safe haven against increasing geopolitical risks following the Israel-Hamas conflict, also played a role in...
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According to the British Financial Times, the European Union (EU) plans to cooperate with the US to launch an anti-subsidy investigation into Chinese steelmakers....
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The President of the Bank of France and a member of the Executive Board of the European Central Bank, Francois Villeroy de Galhau, said that interest rates are at...
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Microsoft has announced that it has received a notification from the U.S. Internal Revenue Service (IRS) for an additional tax payment of $28.9 billion. Microsoft...
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In the US, the United Auto Workers Union (UAW) announced that 8,700 of its members went on strike at Ford's truck plant in the state of Kentucky. The UAW statemen...
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Citi says the impact of Middle East tensions on stocks will likely be on energy prices. With Israel-Hamas concerns over oil supplies rising, Citi says the main dr...
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Boston Fed President Susan Collins said more rate hikes were still possible. Collins added that the full impact of the hikes had yet to be seen. Boston Fed Presid...
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Oil prices fell for a third day, at one point erasing all of Monday's surge in the conflict between Israel and Hamas, as fears of a spillover eased and U.S. indus...
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According to the amendment published in the Official Gazette, phones that have not received a signal continuously for a year will be removed from the IMEI pool. P...
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Schroders Plc fund managers have begun closing positions in short-term bonds. Schroders Plc fund managers have begun closing positions where they profit when shor...
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