After the collapse of Switzerland’s second-largest bank, Credit Suisse, investors looking for the next bank failure fixed their eyes on Deutsche Bank, Germany’s largest bank. The tell-tale signs of blood in the water appear in a bank’s share price and the cost of its credit-default swaps (CDS). Equity investors last week sold off Deutsche Bank…
Analysts: Deutsche Bank Is Not the Next Credit Suisse
Asian Stocks Tumble as Fed’s Latest Rate Hike Triggers Market Fear
Stock markets in Asia tumbled on Dec. 16 as investors anticipated that higher interest rates would persist following the latest rate hikes by the U.S. Federal Reserve and other central banks. The Fed raised its interest rate by 50 basis points on Dec. 14, prompting central banks in Europe, Britain, Switzerland, Denmark, Norway, Mexico, and…
Global Container Freight Rates Have Halved Since March as Demands Drop and Inflation Looms
Global container freight rates have been falling since March, and the Freightos Baltic Index (FBX) has nearly halved in the past six months. The third quarter of each year is the traditional peak season for freight. However, this year, the freight industry has experienced a downshift due to global inflation, weakened economic outlooks, and shrunken…
Global Container Freight Rates Have Halved Since March as Demand Drops and Inflation Looms
Global container freight rates have been falling since March, and the Freightos Baltic Index (FBX) has nearly halved in the past six months. The third quarter of each year is the traditional peak season for freight. However, this year, the freight industry has experienced a downshift due to global inflation, weakened economic outlooks, and shrunken…
ECB Raises Interest Rates Again as Eurozone Inflation Soars
The European Central Bank (ECB) hiked interest rates again on Thursday by the largest increment since the bank’s founding, as policymakers in the Eurozone scramble to stem the tide of rising inflation throughout the region. Initially, ECB policymakers were divided between a 50 and a 75 basis point increase in the zero percent deposit rate….
LIVE NOW: Queen Elizabeth II Passes Away at 96; More Consumers Take On Debt to Buy Groceries | NTD Business
Queen Elizabeth II has died. She was Britain’s longest-reigning monarch, serving as head of state for more than 70 years. Americans are going into debt over groceries. Some consumers are now turning to buy-now-pay-later services to buy food. The European Central Bank raises its key interest rates by a record amount to try to tame…
Queen Elizabeth II Passes Away at 96; More Consumers Take On Debt to Buy Groceries | NTD Business
Queen Elizabeth II has died. She was Britain’s longest-reigning monarch, serving as head of state for more than 70 years. Americans are going into debt over groceries. Some consumers are now turning to buy-now-pay-later services to buy food. The European Central Bank raises its key interest rates by a record amount to try to tame…
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