Back to top

Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

The Wall Street Journal

Deutsche Bank to Cut Thousands of Jobs

Thu, May 24, 2018

Deutsche Bank confirmed plans to cut thousands of jobs, and the troubled lender’s shares fell sharply following an update on investment-banking strategy....

The Euro's Headache: Growth, Not Italian Politics

Mon, May 21, 2018

Italy is back in the headlines and the euro is falling, giving up all its gains and more against the dollar this year. But while the formation of an antiestablishment government in Rome is a headwind, there are bigger forces at work: the currency market has been rethinking the global growth story. ...

Argentina Rolls Over Debt, Giving Government Shot of Confidence

Tue, May 15, 2018

Argentina’s central bank rolled over billions of dollars in short-term debt, providing President Mauricio Macri’s government with a shot of confidence after weeks of economic volatility....

U.S. Sanctions Iran's Central Bank Governor, Alleges Hezbollah Ties

Tue, May 15, 2018

The U.S. imposed sanctions on the governor of Iran’s central bank and another senior bank official, accusing them of funneling millions of dollars to Hezbollah. ...

Dollar Rises Against Latin American Currencies

Mon, May 14, 2018

The Argentine peso hit fresh lows against the dollar Monday, as concerns grew over $30 billion in local debt set to mature this week....

More Than 200 China-Listed Stocks to Join MSCI's Indexes

Tue, May 15, 2018

Global index provider MSCI has released a list of more than 200 Chinese stocks that it will include in its key indexes from next month, capping a year-long process that is likely to attract billions of dollars into China’s markets....

Lies, Damn Lies and Inflation

Mon, May 14, 2018

In the U.S. and Europe, the central banks have been taking radically different monetary approaches even though the two regions have had similar inflation, job creation and inflation targets. One reason for this is that with no inflation scare in either the U.S. or eurozone, headline numbers matter. ...

Malaysia Markets Shrug Off Brief Postelection Dip

Mon, May 14, 2018

Only a brief selloff was seen in Malaysian markets Monday, not the slump many feared last week, as domestic investors had their first chance to react since Wednesday’s stunning election victory for Mahathir Mohamad’s opposition coalition....

Asian Stocks Near 2-Month High as Malaysia's Markets Topsy-Turvy

Mon, May 14, 2018

Malaysian markets re-opened after new Prime Minister Mahathir Mohamad’s stunning upset in the country’s elections, renewing volatility in its stocks, bonds and currency. U.S. President Donald Trump, meanwhile, said he’ll help Chinese telecom giant ZTE Corp. “get back into business, fast.”...

RBS in $4.9 Billion U.S. Settlement Over Mortgage-Backed Securities

Thu, May 10, 2018

RBS has agreed to pay $4.9 billion to settle with the U.S. Department of Justice over the sale of toxic mortgage-backed securities in the lead-up to the global financial crisis, clearing the path for the bank’s privatization....