Tag: Financial Services
4 months ago
wsj.com

WHSP Proposes Takeover Valuing Perpetual at A$3.06 Billion

WHSP proposed issuing A$1.06 billion in new shares to Perpetual shareholders

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6 months ago
wsj.com

ECB to Push Ahead With Plans for a Digital Euro

The ECB said it would push ahead with plans to develop a digital euro, putting the 20-country eurozone among the vang...

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6 months ago
wsj.com

Australia Proposing Tighter Regulation of Crypto Platforms

Platform operators would require a financial-services license

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6 months ago
wsj.com

BOQ CEO Says Tough Market, Not Leadership Changes, Weighed on Earnings

The Australian regional bank on Wednesday reported fiscal 2023 cash earnings

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6 months ago
wsj.com

This Country Won the Global Tax Game, and Is Swimming in Money

Ireland is setting up a sovereign-wealth fund filled with tax revenue from U.S. tech and pharma companies

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6 months ago
wsj.com

BOE Sees Strong U.K. Banks, but Wants Tougher Rules for Money-Market Funds

U.K. banks are well-placed to weather any turbulence, even as rising interest rates and growing geopolitical tensions...

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7 months ago
wsj.com

Central Banks Near Rate Peak, but Economic Toll Yet to Be Counted

Federal Reserve Chair Jerome Powell said Wednesday that the central bank will leave its benchmark interest rate uncha...

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7 months ago
wsj.com

U.K. Inflation Falls Unexpectedly, Easing Pressure on Bank of England

Central bank was expected to raise its key interest rate Thursday, but that now seems less certain

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7 months ago
wsj.com

The Middle East Becomes the World’s ATM

Flush with cash from an energy boom, Saudi Arabia and other Gulf monarchies have a moment on the world’s financial stage

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9 months ago
wsj.com

Bank of England Raises Key Interest Rate by Quarter Percentage Point

Core inflation is rising in the U.K. while falling in other big economies like the U.S. WSJ's Anna Hirtenstein explai...

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9 months ago
wsj.com

Is a Stronger Yen Lurking Around the Corner?

The Bank of Japan’s surprising tweak to its monetary policy injects more uncertainty into the yen’s trajectory

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9 months ago
wsj.com

Why the Drivers of Lower Inflation Matter

Competing effects of central banks, healing supply chains affect recession odds

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9 months ago
wsj.com

U.K.’s Stubborn Inflation Means More Pain for Homeowners, Renters

With price increases slowing down, the June retail sales report gives an update on which businesses are thriving and ...

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9 months ago
wsj.com

Australian Consumer Confidence Fell Despite RBA Holding Rates

Australian consumer confidence slipped again last week even as the country’s central bank’s decision to hold interest...

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10 months ago
wsj.com

BOJ Needs More Confidence Inflation Will Stay High to Change Policy, Ueda Says

Central bank chief says Japan’s underlying inflation rate is still below 2%

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10 months ago
wsj.com

Bank of England Outpaces Peers With Rate Rise of Half Percentage Point

Bank of England Gov. Andrew Bailey discusses how the government can successfully fight imported and domestic inflatio...

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11 months ago
wsj.com

Humm Told to Stop Adding New BNPL Customers by Australian Regulator

Australian credit provider said itcomplied with the order and is seeking to engage with the ASIC.

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11 months ago
wsj.com

Zambia Hikes Key Lending Rate to 9.5% After Inflation Spike

African nation is currently in negotiations with donors to restructure its staggering $18 billion foreign currency debt

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12 months ago
wsj.com

Ant’s Financial License Is in Limbo as China Shakes Up Regulatory System

Jack Ma, co-founder of Alibaba Group Holding Ltd., returned to mainland China after spending roughly a year overseas....

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12 months ago
wsj.com

European Central Bank Slows Pace of Rate Increases

ECB raises rates by quarter point, a day after Fed nudged rates higher

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12 months ago
wsj.com

Stocks Fall as Fed Day Looms

Investors look ahead to Wednesday’s rate decision from the Federal Reserve

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12 months ago
wsj.com

Why Is Inflation So Sticky? It Could Be Corporate Profits

Consumer spending has held up relatively well so far despite inflation, but experts say we’re approaching an inflecti...

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12 months ago
wsj.com

Rakuten Bank’s Explosive Market Debut Is Justified

Shares of Japan’s largest internet bank jump nearly 40% following its IPO

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12 months ago
wsj.com

Europe’s Economy Grows Despite Banking Stress

Surveys of purchasing managers point to continued rebound despite signs that banks are feeling strains

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about 1 year ago
wsj.com

After Credit Suisse, Chinese Banks Aren’t a Great Safe Harbor

Chinese banks will likely avoid the troubles of their global peers, but they are cheap for good reason

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about 1 year ago
wsj.com

Eurozone Banks Cut Lending Even Before Latest Financial Turmoil

Decline in bank lending could deepen as financial institutions move to retain deposits, strengthening effect of ECB r...

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about 1 year ago
wsj.com

Banking Strains, Inflation Threaten Global Economic Rebound

A strong services sector is supporting activity around the world, but that strength also fuels inflation

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about 1 year ago
wsj.com

Swiss Central Bank Lifts Key Rate, Declares End to Bank Crisis

Move follows decisions by the Fed and the ECB to press ahead with rate rises despite bank strains

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about 1 year ago
wsj.com

U.K. Inflation Resumes Its Rise, Defying Expectations

Price increases in February picked up to 10.4%; cost of food rose at the fastest pace since records began

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about 1 year ago
wsj.com

Credit Suisse Write-Off Upends European Bank Capital Bonds

Holders of riskier bonds got nothing while shareholders will receive a payout in UBS shares

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about 1 year ago
wsj.com

ECB Defies Mounting Banking Strains With Half-Point Rate Rise

Decision shows central bank still sees tackling inflation as its priority

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about 1 year ago
wsj.com

Getting Money Out of SVB Was Hard—For Chinese Customers, It Was Harder

International transfers from the U.S. bank are slowly resuming, but many Chinese tech companies and venture firms are...

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about 1 year ago
wsj.com

U.S. Bank Collapses Add to Pressure on Global Central Banks

Policy makers who had been raising rates must now factor in risk of financial instability

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about 1 year ago
wsj.com

SVB Bust Won’t Go Big in Japan—Probably

SVB was tripped up by investments in Treasurys and government-backed debt; Japanese financial institutions have long ...

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about 1 year ago
politico.eu

HSBC buys Silicon Valley Bank’s UK business

No UK taxpayer money is involved, and customer deposits have been protected, Treasury says.

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over 1 year ago
wsj.com

World Bank Cuts 2023 Global Growth Projection as Inflation Persists

Price pressures raise the risk of global recession at a time when China and Ukraine inject uncertainty into the world...

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over 1 year ago
wsj.com

Ant Group Won’t Be Squashed After All

Ant may never claw its way back to the lofty valuation it commanded in late 2020—but that doesn’t mean it, and its si...

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over 1 year ago
wsj.com

Jack Ma Cedes Control of Fintech Giant Ant Group

The Chinese billionaire entrepreneur is taking a step further away from the business empire he created decades ago.

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over 1 year ago
wsj.com

Hong Kong Stock Exchange Woos Global Companies After Expanding China Link

Hong Kong is making a pitch to multinational companies to list in its stock market, despite heightened tensions betwe...

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