Bloomberg Business

The Bank of England policy maker Silvana Tenreyro set out a case for interest rate reductions, saying an “earlier and faster reversal” of recent hikes is likely to keep inflation from falling well below target.

Silicon Valley Bank’s blunders were encouraged by US regulation, went untested by the Federal Reserve and were “hiding in plain sight” until Wall Street and depositors grew alarmed.

Dogecoin rose as much as 31% after Twitter users noticed their home buttons changed into the dog meme after which the cryptocurrency is named.

Deutsche Bank AG hired Credit Suisse Group AG’s head of mergers and acquisitions for Southeast Asia, according to people with knowledge of the matter, as rival banks pounce on top talent from the embattled Swiss lender.

Three traders at one of Denmark’s largest energy companies have been dismissed after refusing to forfeit bonuses worth as much as 300 million kroner ($44 million) each, earned during the boom market of 2022.

Pakistan’s top court ordered the country’s electoral watchdog to hold elections in the crucial Punjab province on May 14, pushing back against government efforts to delay the ballot and giving former premier Imran Khan a boost.

Sweden’s housing prices are only halfway through their projected slump from last year’s peak, according to the gloomiest forecast so far for residential property in the largest Nordic nation.

Electrification has opened up a lane for domestic manufacturers to leap ahead.

After a surprise OPEC+ cut prompted an 8% surge in crude prices, an unusual market signal is hinting the cartel may already be having some success in weeding out speculative short sellers.