Fed rate hikes are now ‘hurting asset prices,’ says billionaire investor Ray Dalio

Dalio, the founder of Bridgewater Associates, the world’s largest hedge fund, made those remarks in an interview with CNBC Thursday […]

Goldman Sachs bankers ‘cheated’ Malaysia over 1MDB: PM Mahathir

Malaysian Prime Minister Mahathir Mohamad said bankers at Goldman Sachs Group Inc (GS.N) “cheated” the country in dealings with state […]

Australia’s Westpac fined $2.4 million in rate case, fraction of penalty sought

Westpac Banking Corp won vindication of its decision to fight accusations its conduct in handling of a key rate was […]

World stocks notch up longest winning streak of year ahead of Fed meeting

World stocks basked in an eighth straight session of gains in their longest winning streak of the year on Thursday, […]

Dollar muted ahead of midterm vote; sterling up on Brexit deal report

The U.S. dollar was muted at the start of an eventful week, with market participants awaiting the midterm elections on […]

Sterling heads for second best week of 2018 on Brexit hopes, BoE signals

Sterling gained on Friday, putting it on course for its second best week of 2018 on optimism for a Brexit […]

China to defend 7 yuan per dollar rate, but may find it tough

Chinese authorities will defend the yuan from weakening past the psychological 7 per dollar rate, very close to where it […]

Europe stocks rally, but headed for worst month since 2016

European stocks got swept up in a global equity rally on Wednesday, with drug stocks and major oil companies leading […]

European stocks bounce back on Italy relief, China growth worries linger

Concern over China’s slowing economy dented U.S. stock futures and kept world stocks under pressure on Monday although European shares […]

Asia stocks retreat broadly Tuesday after strong gains a day earlier

Stocks in Asia fell Tuesday, a day after a China-led rally drove gains for many markets. After two days of […]