BOE Holds Rates as Switzerland Is First Rich Economy to Cut

The Swiss move indicates borrowing costs are set to fall broadly across advanced economies over the coming months despite signs that inflation is proving stubborn. 


 
The Fed's Conundrum: Interest Rates Are Both Too High-and Too Low

Short-term rates are sharply higher. Long-term rates are steadier. What's a central bank to do?

 
Former Alibaba Chief Daniel Zhang Joins Little-Known Chinese Investment Fund

Former Alibaba Group chief Daniel Zhang Yong has joined a little-known Chinese investment fund after his surprise resignation from the Chinese e-commerce giant last year. 


 
Financial Services Roundup: Market Talk

The latest Market Talks covering Financial Services. 


 
Fed Officials Still See Three Interest-Rate Cuts This Year, Buoying Stocks

Central bankers expect inflation slowdown to resume and maintain their lower-rate outlook. 


 
Nasdaq's stock drops after $1.6 billion offering from stock-exchange parent

Borse Dubai is selling nearly 27 million shares to reduce its stake in the Nasdaq to 10.8%. 


 
Prudential Earnings Top Forecasts as New Business Jumps

Prudential's adjusted operating profit rose in 2023, with the insurer's focus on Asian and African markets helping generate a 45% gain in new business earnings. 


 
The Era of No-Brainer 5% Returns on Cash Is Ending

Cash has been a hot investment since the Fed started raising rates, but the landscape is changing as the central bank considers cutting. 


 
Private Equity Cautiously Steps In to Back Troubled Banks

Distress at regional banks has spurred some buyout firms to invest in a sector they typically ignore. 


 
China's Benchmark Lending Rates Held Steady

The one-year loan prime rate remains at 3.45%.


(END) Dow Jones Newswires

03-21-24 1115ET