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UBS could take years to feel the bite of new regulations after the Swiss government set out plans aimed at keeping the monster bank in line that were light on detail and heralded a tortuous...
HANOI -A court in Vietnam handed the death sentence on Thursday to real estate tycoon Truong My Lan for her role in a 304-trillion-dong financial fraud, the country's... -April 11, 2024 at 07:43 am EDT - MarketScreener
The US must boost commercial ties with African countries to curb reliance on China for supplies of critical minerals, a Washington-based think-tank said on Tuesday.
U.S. prosecutors asked a federal judge on Wednesday to delay the corruption trial of New Jersey Senator Bob Menendez and his wife by at least two months, after lawyers for Nadine Menendez said she faced a serious medical condition that required surgery. In a letter to U.S. District Judge Sidney Stein in Manhattan, prosecutors asked that the May 6 trial date be pushed back to July or August, though they still oppose granting the Menendezes' requests to be tried separately. Prosecutors said the government "takes seriously the unexpected medical development," and that an adjournm...
Barclays economics team on Wednesday said it now sees the U.S. Federal Reserve cutting rates just one time in 2024, by 25 basis points (bps), in light of the upside surprise to the consumer price index (CPI) data released today. Data on Wednesday showed U.S. consumer prices increased more than expected in March, a third straight month of strong readings, according to data released by the Labor Department, and came on the heels of a strong jobs report last week. While the firm said a slowing in inflation by June to 0.2% for core PCE inflation should open the door for a September cut, it is al...