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Money › Finance

Germany pledges €67bn to bolster struggling energy companies

Financial Times | Sep 13, 2022 at 5:39 PM

…KfW, Germany’s state development bank , will be able to deploy €67bn in loan guarantees and liquidity assistance to energy firms, according to officials, drawing on funds that were originally earmarked for…

Serbia calls on IMF and UAE for support as borrowing costs soar

Financial Times | Sep 13, 2022 at 5:33 PM

…Serbia is one of several countries in central and eastern Europe, including Hungary and Romania, that has seen its borrowing costs soar on the back of the US Federal Reserve’s and the European Central Bank …

UBS: reversal on Wealthfront raises questions about chief

Financial Times | Sep 13, 2022 at 3:34 PM

…Since he took over as CEO the valuation gap between the two banks , measured on price to tangible book value, has doubled….

Stocks extend gains ahead of US inflation report

Financial Times | Sep 13, 2022 at 12:14 PM

…Equity markets have fallen this year — with a FTSE gauge of global shares down 16 per cent — as the Fed and other big central banks jack up borrowing costs to curb inflation, stoking fears that such policy…

Over 1,000 Civilians Killed During Russian Occupation of Izyum

Kyiv Post | Sep 13, 2022 at 11:28 AM

On September 10, Ukrainian troops liberated Izyum as part of its counteroffensive in the Kharkiv Region.

How to save the Treasury market

Financial Times | Sep 13, 2022 at 11:00 AM

…But Pimco still thinks they have a role to play, and in fact wants the government to unshackle banks a little to make it a bit easier for them….

US’s Taiwan security bill spurs debate on level of support for Taipei

Financial Times | Sep 13, 2022 at 10:10 AM

…The US Senate foreign relations committee is poised to vote on a bill that would finance weapons exports to Taiwan for the first time and significantly alter relations with Taipei amid rising pressure from…

It’s what she would have wanted

Financial Times | Sep 13, 2022 at 9:52 AM

…impact of the mourning period, which will culminate with a bank holiday next Monday for the funeral….

Evergrande vows to restart all stalled property projects

Financial Times | Sep 13, 2022 at 9:52 AM

…Last week, it said it would sell its remaining stakes in China’s Shengjing Bank for $1.1bn. Evergrande is under increasing pressure from creditors….

ICU Weekly Insight, 12 Sep. 2022: Inflation accelerates in August

Kyiv Post | Sep 13, 2022 at 9:37 AM

Interest in military bills remains low

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