Krugman says he’s ‘fanatically confused’ on where rates are going
Nobel laureate in economics Paul Krugman says it’s entirely unclear where interest rate levels are headed over the medium term,…
Fund says Indian bonds underpricing index move
Markets have yet to appropriately price India’s inclusion into global bond indices, according to ICICI Prudential Asset Management Co.
Tesla’s Europe sales decline
Tesla Inc got off to a sluggish start to the second quarter in Europe, where chief executive officer Elon Musk…
UK inflation cools less than expected
UK inflation fell less than expected last month, fuelling doubt about when the Bank of England (BoE) can start cutting…
Apple taps banking veteran as latest diversity chief
Apple Inc has hired a new diversity chief for the fourth time in recent years as the iPhone maker seeks…
US Steel accuses rival Cliffs of misinformation as deal awaits review
United States Steel Corp has accused rival Cleveland-Cliffs Inc of conducing a “misinformation campaign” as the growing animosity between the…
Canada’s Hudbay Minerals to raise US$300mil in equity offering
Canadian copper miner Hudbay Minerals plans to raise US$300.2mil in an equity offering to help fund near-term growth initiatives at…
Viasat shares fall on slow fixed broadband business
Viasat forecast annual revenue below Wall Street estimates in anticipation of a slowdown in its satellite services business, sending its…
Bulls beat path to stocks but foreigners stay out
Emboldened by China’s latest measures and pledges to fix the weakest parts of its struggling economy, domestic investors are scooping…