The British Business Bank has warned officials it could cost as much as £1 million ($1.3 million) to hire a manager for its flagship investment fund unveiled last autumn, setting the scene for a potential clash with a likely Labour government after the July 4 election.
Citadel Buys Goldman Alum’s Company to Trade Power in JapanMiddle East Banks Are Beating Wall Street at Its Own GameFrench Inflation Resumes Slowdown Two Days Before ElectionsThe list of money managers axing oil stocks just got longerIran’s Election Overshadowed by Economic and Regional TurmoilWall Street Cop Finra Goes Quiet on the Beat as Its Caseload PlungesLe Pen’s National Rally Solidifies Lead Two Days Ahead of VotingAlumis Raises $250 Million in Downsized IPO, Private PlacementRobusta...
What you should knowFirst 2024 Canada carbon rebates will be deposited today for some CanadiansThe big benefits of adopting a debt-free lifestyleJoe Tsai-Backed Blue Pool Lures $500 Million for Hedge Fund BetsChinese Builder Sino-Ocean Group Gets Wind-Up Petition in HKIMF Blasts US Over Risky Deficits, Debt, Trade Rules and BanksMorgan Stanley Turns Bullish on Chinese Banks as Risks SubsideUS Pending Home Sales Index Slides to Record Low on High RatesEx-Trump Associate Felix Sater Loses NY...
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Bank of America Warns of ‘Super-Aging’ South Korea Losing MojoSouth Korea’s average economic growth rate will fall below 2% in the 2030s as aging demographics sap the nation’s vitality and strengthens headwinds for the economy, according to Bank of America projections.
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Blair Housing Guru Warns Labour on 1.5 Million Housebuilding AimA pledge by Britain’s Labour opposition to build 1.5 million homes in five years would be a “Herculean task” and “very difficult” to pull off, according to Tony Blair’s housing guru.
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Pimco Warns of More US Regional Bank Failures on Property PainPacific Investment Management Co. expects more regional bank failures in the US because of a “very high” concentration of troubled commercial real estate loans on their books.
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Pimco Warns of More US Regional Bank Failures on Property Pain(Bloomberg) -- Pacific Investment Management Co. expects more regional bank failures in the US because of a “very high” concentration of troubled commercial ...
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Thai Central Bank Chief Warns Against Tweaking Inflation TargetThailand’s central bank governor warned that any move to raise the monetary authority’s inflation target may unanchor expectations and result in quickening price gains, which carries risks for economic growth.
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Thai Central Bank Chief Warns Against Inflation Target Reset(Bloomberg) -- Thailand’s central bank governor pushed back further against a government suggestion to raise the monetary authority’s inflation target...
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