Italy’s Deputy Prime Minister Urges ECB to Cut Rates, Restart QE
Italian Deputy Prime Minister Antonio Tajani called on the European Central Bank to lower borrowing costs and resume…
Trader’s Guide to India’s Data Center Boom Powered by Google, OpenAI
As Alphabet Inc.’s Google and other US tech behemoths pledge billions of dollars to build artificial intelligence infrastructure…
HK’s Economy Grows Most Since 2023, Defying Trade Tensions
Hong Kong’s economy expanded much faster than forecast in the third quarter, posting the strongest growth in nearly…
Private Credit’s Rising Pile of ‘Bad PIK’ Points to Default Woes
It was supposed to be a quick fix for a sudden problem in credit markets. Payment-in-kind debt, the…
Shutdown Stalls SEC Work on Private Credit in Retirement Plans
The month-long government shutdown is delaying the Securities and Exchange Commission’s work to make it easier for 401(k)…
How Hudson River Trading Actually Uses AI
Listen to Odd Lots on Apple PodcastsListen to Odd Lots on SpotifySubscribe to the newsletter Unfortunately, it doesn’t…
Rachel Reeves wants Brits investing — just as the City fears an AI bubble – POLITICO
“There is no doubt that the government would find it much harder to drive retail investment in a…
China Factory Activity Hits Longest Decline in More Than Nine Years
China’s factory activity slumped for the longest streak in more than nine years, prompting fresh calls for greater…
China manufacturing slump deepens to 6-month low in October, as PMI misses estimates
Chinese-made automobiles and construction machinery are assembled and shipped for export at Yantai Port in Yantai City, Shandong…
ECB Holds Rates With Inflation Near 2% and Economy Expanding
The European Central Bank left interest rates unchanged for a third meeting, with inflation in check and the…
Globalstar Draws SpaceX Interest in Sale Process
Globalstar Inc. is exploring a potential sale and has held early talks with Elon Musk’s SpaceX among other…
Asia markets open mixed as Fed signals December rate cut is not a certainty
A container ship sails past buildings in Busan, South Korea, on Thursday, Sept. 22, 2022. Photographer: SeongJoon Cho/Bloomberg…