Central banks have been credited with averting a global depression twice over the past 15 years: Once after the 2008 ...
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African nation is currently in negotiations with donors to restructure its staggering $18 billion foreign currency debt
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A rural South Korean county was mocked for spending more than $2 million to build a statue of bats made out of real g...
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China's first few months of reopening to the world hasn't gone as planned for global businesses.
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When the Federal Reserve embarked on an aggressive campaign to quash inflation last year, it did so with the goal of ...
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US regional bank stocks look set to rebound Friday but are still down sharply this week, accentuating fears that fede...
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HSBC shareholders are expected to vote Friday on demands for a radical overhaul of the bank.
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JPMorgan Chase's rescue of First Republic Bank in the United States this week didn't herald the end of the banking cr...
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The Federal Reserve is widely expected to raise its benchmark interest rate again on Wednesday, lifting it above 5% f...
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Investors look ahead to Wednesday’s rate decision from the Federal Reserve
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Europe's banks are pulling back access to credit, and a key measure of inflation in the region has cooled, bolstering...
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If my bank fails, how much of my savings will I get back?
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Last month, the collapse of Silicon Valley Bank, the second-largest bank failure in US history, unleashed broader pan...
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Shares of Japan’s largest internet bank jump nearly 40% following its IPO
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Banks are slashing their support for North Sea oil and gas firms as the windfall tax begins to impact financing deals...
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For years, global investors preferred American stocks to European ones. But at a time of change in financial markets,...
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Japan's workers still aren't getting paid enough to keep up with rising prices. That's hurting living standards and c...
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At the start of the year, economists and corporate leaders expressed optimism that global economic growth might not s...
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From Dallas and Minneapolis to New York and Los Angeles, offices sit vacant or underused, showing the staying power o...
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The British pound crashed to a record low last fall as investors rebelled against budget plans by former Prime Minist...
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Chinese banks will likely avoid the troubles of their global peers, but they are cheap for good reason
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HSBC's top brass defended their strategy Monday to frustrated shareholders in the lender's largest market, as Europe'...
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Oil prices spiked during Asian trade Monday after OPEC+ producers said they would cut production in a surprise move.
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Regulation introduced after the 2008 financial crisis was supposed to make bank bailouts a thing of the past. But its...
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A slowdown in global initial public offerings continued in the first quarter of 2023 and is likely to endure in the c...
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The cost of insuring the German bank’s debt against default surged last week
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The Bank of England has called for urgent action to address a weak spot in the UK financial system as persistent worr...
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South Korean internet company Kakao has become the largest shareholder of SM Entertainment, winning a battle for cont...
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Europe's banks are not yet in the clear, a top EU regulator said Monday, two weeks after the collapse of Silicon Vall...
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Decline in bank lending could deepen as financial institutions move to retain deposits, strengthening effect of ECB r...
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The head of the International Monetary Fund called for greater vigilance over the global financial system during a sp...
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Concern over Germany’s leading lender emerges days after Credit Suisse was forced into a takeover
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A strong services sector is supporting activity around the world, but that strength also fuels inflation
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Move follows decisions by the Fed and the ECB to press ahead with rate rises despite bank strains
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Holders of riskier bonds got nothing while shareholders will receive a payout in UBS shares
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Stocks in the Asia Pacific region rose Tuesday as concerns about the global banking sector eased in response to a whi...
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Some of kingdom’s officials harbored doubts about a $1.5 billion investment in bank before crown prince signed off
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UBS and Credit Suisse are facing potential legal action from investors after the controversial tie-up between the two...
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Thousands of jobs in the City are at risk after UBS’s dramatic acquisition of Credit Suisse last night, with Credit S...
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