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Bank of England accused of ‘penalising the young’ by keeping mortgage rates high
The Telegraph via Yahoo Finance· 1 hour agoThe Bank of England is “penalising the young” by keeping rates on 95pc mortgages artificially high,...
China Market Update: May Retail Sales Beats As BYD’s Seagull Takes Flight
Forbes· 3 days agoAsian equities were lower overnight as Japan significantly underperformed and closed lower by almost -2%, though volumes in the region were light due to market holidays.
Zombies: Ranks of World's Most Debt-Hobbled Firms Soaring, and Not All Will Survive
Insurance Journal· 6 days agoAn Associated Press analysis found their numbers have soared to nearly 7,000 publicly traded...
Gateway - Quartz
Quartz· 16 hours agoOver the past several months, Pakistan has faced a crisis similar to Sri Lanka’s, with a weak currency and the highest-ever inflation rate. Devastating floods between June ...
Tragic fire in Kuwait’s Ahmadi Governorate claims at least 49 lives
Gulf Business· 6 days agoAuthorities in Kuwait said that the death toll may go up with many more seriously injured in the...
Junk Bonds From Asia Beat Most Everything Else: Credit Weekly
Bloomberg via Yahoo Finance· 4 days ago(Bloomberg) -- Money managers including T. Rowe Price Group Inc. believe Asian junk dollar bonds...
Global Rate-Cut Juggernaut Is Struggling to Start
Bloomberg via Yahoo Finance· 3 days ago(Bloomberg) -- Central banks cagey about joining the global interest-rate cutting cycle may reveal themselves this week with a quartet of decisions in...
Garment Workers Say Nike Turned a ‘Blind Eye’ to Their Plight
Sourcing Journal via Yahoo News· 6 days agoBut a question Nike’s supply chain workers find themselves increasingly wrestling with is...
Positive Economic News For U.S. Retail, Not So Much Elsewhere
Forbes· 3 days agoThere was a lot of good news in retail economic indicators this week, particularly for the U.S. However, there are still plenty of sharks under the water that can bite consumers, and some of ...