Barclays reported second-quarter income of £8.3 billion, up £1.2 billion from a year earlier, and upgraded its full-year 2026 income...
The world’s major central banks are no longer moving in anything resembling lockstep. The Federal Reserve is watching a weakening labor market while weighing energy-driven inflation...
The Asian Development Bank (ADB) has formally approved a landmark $700mn loan for Pakistan’s insurance sector, signaling an aggressive attempt to fortify the country’s fragile financial...
At the Conrad Singapore Orchard hotel on Friday morning, the warning from the Monetary Authority of Singapore landed with unusual bluntness. Central banks, said MAS chief...
By the time the U.S. Mint strikes the first 24-karat gold Trump commemorative coin later this year, the great American tradition of keeping living politicians off...
It is a move that initially appears as a study in industrial asymmetry: a northern cement giant, whose fortunes are tied to construction gypsum and clinker,...
When a hedge fund swoops in to buy distressed stakes at 20–35% below net asset value, it’s rarely a random act of generosity. It’s arbitrage—and it...
The International Monetary Fund doesn’t swoop into countries and dictate policy from marble-clad offices in Washington. Yet this myth persists, fueling resistance to economic reforms and...
Kevin Warsh’s nomination as chair could spark sweeping changes to the central bank—if he can navigate the political gauntlet ahead President Donald Trump nominated Kevin Warsh...
President Donald Trump announced Friday morning that he is nominating Kevin Warsh to succeed Jerome Powell as Federal Reserve Chair CNBC, bringing to a close a...