The European Central Bank will take a “robust” approach that allows it to respond to inflation risks as needed but also aid financial markets if threats emerge, according to President Christine Lagarde.
US mortgage rates fell to a five-week low of 6.48%, helping drive a third-straight advance in applications to buy a home.
In the competition to be the biggest stock market in Europe, Paris is starting to leave London in its wake.
Additional Tier 1 bonds issued by lenders from UBS Group AG to Kookmin Bank in South Korea are rising as regulators’ assurances helped boost confidence and Goldman Sachs Group Inc. analysts highlighted opportunities in the notes.
UK house prices fell at the fastest pace in 12 years in January, barring the pandemic, as higher mortgage costs piled further pressure on the housing market, official figures showed.
A rare Patek Philippe watch sold for $5.8 million in Hong Kong, the highest price ever paid for a timepiece in an online auction.
David Reidy’s sure-fire options trade netted a steady 5% per year for half a decade — until last summer when gains began to peter out all of a sudden.
For months, critics of Israeli Prime Minister Benjamin Netanyahu have been warning that his proposals to overhaul the judicial system could put Israel’s A+ credit rating at risk.
UBS Group AG shares have erased almost all of the losses made during the past week’s banking rout, with a bond buyback announced Wednesday adding to confidence that the historic takeover of Credit Suisse Group AG will be a net positive for the firm.
Novartis AG is scrapping a high-profile UK clinical trial once touted as an example of National Health Service collaboration, even as the government tries to smooth the path for other studies and restore the country’s status as a destination for groundbreaking research.
