South Africa calls for $25bn financial stimulus through IMF
South Africa’s president Cyril Ramaphosa unveiled fiscal spending worth a tenth of the country’s output, including a first ever request for an IMF loan,...
Dollar’s long-term prospects turn sour
The US dollar is heading for a drop towards the end of this year, according to strategists, in what would mark a reversal from...
Blackrock CIO Rick Rieder -Central Banks Will Debase Everything To Spark Inflation
Blackrock's Chief Investment Officer, Rick Rieder, best known perhaps for recently suggesting that the ECB should monetize stocks, writes in the Blackrock blog today...
Renewed Interest In British Equity funds
Investors have put money into UK equities for the first time in almost three months for the week ending Wednesday, as tumult in Westminster...
Deutsche Bank Downgraded By Fitch Due To Unstable Trading
Deutsch Bank Ag credit rating was cut by Fitch Ratings, which cited the firm’s lack of progress in improving operations.
The bank’s long-term issuer default...
Investors Absorb Up Italian Debt Despite European Commission
Experimental feature Report a mispronounced word Investors shrugged off political wrangling between the Italian government and the European Commission on Thursday, as auctions for...
Euro Climbs Higher as ECB pushes back Interest Rate deadline;
The euro climbed higher against the U.S. dollar on Thursday, after the European Central Bank (ECB) said it would delay its first post-crisis interest...
Norway Bucks Global Banking Trend
As much of the world’s central banking community goes into a defensive crouch, Norway is signaling it’s ready to deliver multiple interest rate hikes.
Norges...
Impossible Foods Closer To Cutting Animals out of Food Chain with $300m Raise
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Impossible Foods’ mission to bring veganism to the...
Emerging Markets Currency Drops Signals Big Opportunities For Investors
Emerging market crises in recent years have been mostly confined to small, marginal countries such as Belize and Jamaica. But last year saw trouble...
Malaysia’s Industrial Productivity Up Despite Slowdown in Economy
A measure of industrial production in Malaysia rose in March, beating expectations amid a broader slowdown in economic growth in the country. The Southeast...
Turkey’s Writing Cheques It Can’t Cash
After his party faced stinging defeats in mayoral elections in Ankara and Istanbul last month, Turkish President Recep Tayyip Erdogan promised a “strong economic...
