On Nov. 5, U.S. voters will almost certainly face the same choice for president as they did in 2020: Joe Biden or Donald Trump. Never…
The man who tamed the world’s most troubled bank
Christian Sewing barrelled down a German autobahn to meet clients in a former milltown when a friend called. Credit traders had zeroed in on Deutsche…
How to make sure you pay a fair price for the financial advice you need
When shopping for a financial planner, it’s natural to ask, “How much do you charge?” If you expect a simple, one-sentence answer, think again. There…
Explainer: How deep are Egypt’s economic troubles?
Egypt holds a presidential election on Dec. 10-12 in which Abdel Fattah al-Sisi is set to secure a third term amid an economic crisis that…
Germany likely in recession, Bundesbank says
Germany is likely in recession now as external demand is weak, consumers remain cautious and domestic investment is held back by high borrowing costs, the…
China seen cutting mortgage reference rate for first time since June
China is widely expected to trim its benchmark mortgage reference rate at a monthly fixing on Tuesday, as banks’ improving net interest margins give authorities…
US approves $4B sale of 31 armed drones to India
The United States has approved a $4 billion sale of state-of-the-art drones to India, offering a new edge to the growing US partner as border…
Taiwan chip giant TSMC to build second Japan plant
TSMC will build a second foundry in Japan, the semiconductor giant and its local partners have announced, weeks before its first in the country officially…
WHO: Tobacco consumption declining globally as e-cigarette use soar
The number of people using tobacco products, which are the main cause of respiratory diseases as well as cardiovascular ailments, has fallen from 1.26 billion…
Jeff Bezos sells about $2B worth of Amazon shares
Amazon.com founder Jeff Bezos has sold around 12M shares of the online retail and cloud services firm for roughly $2B, according to a company filing,…