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bonds

ICBC, the world’s biggest bank, hit by ransomware cyberattack

by Ev Richard
ICBC, the world’s biggest bank, hit by ransomware cyberattack

A pedestrian walks pass a branch of Industrial & Commercial Bank of China (ICBC) in Fuzhou, Fujian province of China. VCG | Getty Images The U.S. financial services division of …

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Categories Technology

Which SF Giants from World Series era will get their numbers retired?

by Russel Berry
Which SF Giants from World Series era will get their numbers retired?

Could Buster Posey (right), Brandon Crawford (left) and Tim Lincecum, seen here on May 18, 2013 at Coors Field in Denver, all have their jersey numbers retired by the San Francisco …

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Categories Sports

UBS resumes selling the bonds at the heart of Credit Suisse controversy

by Adrian Jhonsan
UBS resumes selling the bonds at the heart of Credit Suisse controversy

Fabrice Coffrini | Afp | Getty Images UBS on Wednesday began selling Additional Tier 1 (AT1) bonds — which were at the heart of controversy during its emergency rescue of …

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Categories World

Fed’s rate strategy stymied by stubborn housing cost inflation

by Ev Richard
Fed’s rate strategy stymied by stubborn housing cost inflation

The Federal Reserve is facing questions about its ability to tame one of the largest drivers of inflation: the cost of housing. Housing costs, measured as both rental costs within …

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Categories Technology

UK borrowing costs plunge after interest rates held

by Adrian Jhonsan
UK borrowing costs plunge after interest rates held

People walk outside the Bank of England in the City of London financial district, in London, Britain, January 26, 2023. Henry Nicholls | Reuters U.K. government borrowing costs fell sharply …

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Categories World

Europe at an impasse over fiscal reform — and Italy’s bond market could suffer

by Adrian Jhonsan
Europe at an impasse over fiscal reform — and Italy’s bond market could suffer

Italian Prime Minister Giorgia Meloni. Antonio Masiello | Getty Images News | Getty Images Italy could face yet more economic pressure as the European Union faces a standoff over new …

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Categories World

Treasury details plans to step up size of bond sales to manage growing debt load and higher rates

by Adrian Jhonsan
Treasury details plans to step up size of bond sales to manage growing debt load and higher rates

The Treasury Department announced plans Wednesday to accelerate the size of its auctions as it looks to handle its heavy debt load and with financing costs rising. In a development …

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Categories World

Big mistake if you park your money forever in bonds

by Adrian Jhonsan
Big mistake if you park your money forever in bonds

Suze Orman has a warning for investors relying too heavily on bonds. The personal finance expert believes the draw of high interest rates and an aversion to risk taking are …

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Categories World

BOJ tools include YCC, bond buying, interest rates

by Adrian Jhonsan
BOJ tools include YCC, bond buying, interest rates

The Japan flag is juxtaposed against a Japanese yen bank note. Javier Ghersi | Moment | Getty Images Bank of Japan policymakers will gather in Tokyo next week for their …

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Categories World

Global bond rout looks ‘tremendously dangerous’ for stocks, hedge fund manager warns

by Adrian Jhonsan
Global bond rout looks ‘tremendously dangerous’ for stocks, hedge fund manager warns

An intensifying bond rout is piling pressure on the global economy and creating a “tremendously dangerous” outlook for equities, the chief investment officer of Livermore Partners hedge fund said Friday. …

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Categories World
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