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The New Development Bank, the lender created by the BRICS bloc, has issued a 10 billion yuan bond in China, equal to about $1.5 billion, as it deepens its use of local currencies for financing. The…
Lebanese health officials said Israeli strikes on central Beirut overnight killed at least 11 people and wounded several others. The attacks hit the heart of the city, adding to fears of further…
The New Development Bank, created by the BRICS bloc, has issued its first bond denominated in South African rand. The move marks a notable step in the lender’s effort to widen funding options for…
Iran’s currency fell to another record low on Sunday after the United States announced new sanctions aimed at the country’s oil exports and parts of its banking system. The move adds fresh pressure…
Global equities edged higher on Monday, while government bond yields slipped as investors positioned themselves ahead of a fresh round of economic data. The moves reflected a cautious market mood,…
Business activity across the eurozone fell in June for the first time in three years, according to a closely watched survey that pointed to weakening conditions in both services and manufacturing.…
Global equities climbed on Friday after fresh inflation data came in softer than expected and raised the prospect of interest-rate cuts later this year. Investors responded to signs that price…
Global equity markets posted modest gains on Monday as investors digested the latest U.S. economic releases and positioned for a busy week of central-bank decisions. Trading was cautious but upbeat,…
Average two-year fixed mortgage rates in Britain have fallen below 4% for the first time in more than a year, Reuters reported, as lenders adjusted pricing to reflect lower swap rates and growing…
Major stock markets around the world moved modestly higher on Monday as investors waited for the next U.S. inflation release, a report that could shape expectations for interest rates in the months…
Two years after major pandemic-era spending, many rural U.S. school districts are still struggling to make hybrid learning work. The biggest obstacles remain the same: weak broadband service, limited…
Circle Internet Financial has applied for a national bank charter as the company prepares for closer oversight of stablecoin issuers and their reserves, according to people familiar with the matter.…
