Foreign investors are likely to keep flocking into South Korean bonds as cooling inflation combined with growing concerns over the nation’s key tech sector pressure the Bank of Korea to start easing policy as early as this year.
Bitcoin is set to climb for the fourth month in a row after eking out an April gain, the longest such stretch since a six-month advance through March 2021.
Prime Minister Benjamin Netanyahu said any tech entrepreneurs who withdraw from Israel out of opposition to his judicial plans will lose out because the country remains “a safe place” to do business.
Democratic Representative Ro Khanna said the Federal Deposit Insurance Corp. should be seeking the “lowest-cost alternative” to rescue First Republic Bank as the regulator reviews final bids.
Paraguayan voters head to the polls on Sunday in general elections that will serve as fresh litmus tests for China’s growing influence in Latin America and an anti-incumbent wave sweeping the region.
For all the angst over US banking stress and a profit recession, none made it to the surface of the stock market in April.
Saudi Arabia’s net foreign assets fell to 1.572 trillion riyals ($419 billion) in March, even as oil giant Aramco increased its dividend the same month.
More than 1,000 supporters of Manchester United FC marched through the city to protest against the club’s owners, the Glazer family, ahead of their decision on the sale of one of the world’s most iconic football teams.
Federal Reserve policymakers are about to extend their year-long campaign of raising interest rates to beat back still-stubborn inflation, even as risks to the US economy build.
At first blush, stock bulls on Wall Street have history on their side if the Federal Reserve’s aggressive policy-tightening campaign really is drawing to a close.
