Uganda’s Central Bank Hikes Reserve Ratio to Defend Shilling
The Bank of Uganda raised the cash reserve requirement for commercial banks as the shilling continues to slide.
Latest (page 14)
Traders Applaud Warsh’s Fight Against Inflation
Stocks, bonds rally as investors say Fed chair has bolstered his credibility.
BOE’s QT Plans May Eclipse Rates as Key Decision for Bond Market
Bond investors are more focused on the Bank of England’s plan for its quantitative-tightening program for the next year than its interest-rate decision at Thursday’s policy meeting.
India’s $900 Billion Infrastructure Push May Spur Muni Bonds
India’s capital markets regulator will encourage municipalities to pool their financing needs and issue bonds collectively to fund the upgrade of urban infrastructure that may cost up to $900 billion through 2031.
ECB's Makhlouf on Inflation, Economy, Rates
ECB Governing Council member Gabriel Makhlouf discusses the outlook for inflation, the economy and interest rates. “At a time of uncertainty, every meeting is a live meeting for the European Central Bank,” the Irish central-bank chief told…
The trickle-down economics of the AI boom
How fast are AI investments translating into broader gains? Taiwan and South Korea offer hints
Ricardo Reis was too frank for the IMF
It can still benefit from the economist’s ideas
RBI Drains 500 Billion Rupees of Banking Cash Through Debt Sales
India’s central bank sold 500 billion rupees ($5.2 billion) of bonds under its open market operation program as it stepped up efforts to drain surplus cash in the banking system.
Tata Sons to List, Asks Chairman to Stay On to Steady Group
Tata Sons Pvt. is said to have approved going public and asked Chairman Natarajan Chandrasekaran to stay on for five more years, as one of India’s oldest business houses tries to keep leadership steady through the transition.
Peru’s Velarde, Central Banker to 10 Presidents, Confirmed for New Term
In one of the world’s most politically turbulent countries, a central banker has endured as an anchor of economic stability through government after government, none willing to risk his departure.
Sutcliffe: Houthi Aim is Leverage Over Saudi Arabia
President Trump is expected to meet Gulf leaders next week, that's according to Axios. The meeting is reportedly set to take place on the sidelines of the UN General Assembly in New York. Meanwhile, oil held its steep drop after reports suggested…
Food Prices Present Fresh Risk for Global Bonds After Selloff
Energy prices have been the scourge of bond markets this year. Now investors worry that the next inflation spike will come from food.
Fender’s War With the Industry It Created
The Fender Stratocaster is a shape so universal it's the emoji on your phone's keyboard. Which is kind of Fender's problem, Paul Sloan explains, as the company tries to claim back the body of a guitar that's become an iconic shape (Source: Bloomberg)
OpenAI and Anthropic are making 10 times more revenue than all Chinese AI models combined, research group Rhodium says
Rhodium Group's latest analysis of Chinese and U.S. AI companies also found that low revenue did not necessarily correspond with lower valuation.
Trump gains a tariff weapon against China and India. Will he use it?
U.S. House has paved the way for a legislation that will allow Trump to impose up to 100% tariffs on countries buying Russian oil, giving him leverage against India and China.
Major Bathla Creditor Explores Debt Sale as Crisis Persists
Centuria Bass Credit, a major Bathla Group backer, is exploring options to sell some debt tied to the insolvent Sydney builder, the latest sign that some creditors could be looking to trim their exposure.
Brookfield Backs ACME With $600 Million Green-Fuels Investment
Brookfield Asset Management Ltd. will invest as much as $600 million in ACME Cleantech Ventures (UK) Pvt., making its first green fuels investment in India and the Middle East as demand builds for cleaner alternatives.
Billionaire Kraft says Ed Sheeran sought $2 million aid donation from him amid fracas over Macklemore's Palestine comments
Robert Kraft said Ed Sheeran asked him to commit $2 million toward humanitarian aid amid the controversy over Macklemore’s removal from Sheeran’s U.S. tour
ECB’s Makhlouf Says Each Meeting Is ‘Live’ Including October
European Central Bank Governing Council member Gabriel Makhlouf declined to rule out an interest-rate hike in October if circumstances require it.
Oil Holds Drop as Saudi Arabia Seeks to Restore Pipeline
Oil held a drop on signs that supply disruptions in the Middle East are set to ease, with Saudi Arabia seeking to restore capacity of its damaged East-West pipeline. Global fuel markets have been squeezed by the combined impact of the US-Iran…
Turkey Regulator Will Liquidiate Some Funds Managed by 7 Firms
Turkey’s market regulator said it will liquidate some funds managed by seven asset management companies, including Tera Portfoy and Pusula Portfoy.
South African Consumer Sentiment Rebounds as Oil Risk Looms
South African consumer confidence rebounded in the third quarter, but is expected to remain subdued as household finances come under strain from soaring oil prices triggered by the Iran war and higher interest rates.
Singapore’s Record AI Boom Unlikely to Move MAS, Analysts Say
Singapore’s electronics exports grew at an unprecedented pace in August as the artificial-intelligence boom shows no signs of waning.