ZURICH – Swiss financial regulator FINMA said it was considering whether to take disciplinary action against Credit Suisse managers after Switzerland’s second largest bank had to be rescued last week by UBS. FINMA President Marlene Amstad told Swiss newspaper NZZ am Sonntag it was “still open” whether new proceedings would be started, ...
WASHINGTON/FRANKFURT – Stress in the banking sector is being closely monitored for its potential to trigger a credit crunch, a US Federal Reserve policymaker said on Sunday, as a European Central Bank official also flagged a possible tightening in lending. Authorities around the world are on high alert for ...
WASHINGTON/FRANKFURT — Stress in the banking sector is being closely monitored for its potential to trigger a credit crunch, a US Federal Reserve policymaker said on Sunday, as a European Central Bank (ECB) official also flagged a possible tightening in ...
BARRACAS, Spain — Officials told ‘fire tourists’ to keep away from blazes raging in eastern Spain on Sunday, saying onlookers were putting themselves at risk and disrupting efforts to quell the flames. More than 500 firefighters backed by 20 planes ...
SOME PARTS of Twitter, Inc’s source code have been leaked and the social media platform owned by billionaire Elon Musk is seeking information on the person responsible, a legal filing showed. According to the filing, “various excerpts” of Twitter’s source ...
BEIJING — Alibaba founder Jack Ma has returned to China, the South China Morning Post (SCMP) reported on Monday, ending a more than year-long sojourn overseas that was viewed by industry as reflecting the sober mood of China’s private businesses. ...
KABUL — Sofia logs in to class on a laptop in Kabul for an online English course run by one of a growing number of educational institutes trying to reach Afghanistan’s girls and women digitally in their homes. But when ...
SEOUL — North Korea fired two short-range ballistic missiles into the sea off its east coast on Monday morning, South Korea’s military said, the latest in a series of launches as a US aircraft carrier is set to arrive in ...
BERLIN/FRANKFURT — Airports and bus and train stations across Germany were at a standstill on Monday morning, disrupting millions of commuters and travelers at the start of the work week during one of the largest walkouts in decades in Europe’s ...
Ultimately, breaking out above the August 2022 high represents the key level to reverse the downtrend that began in early-January 2022. I like to use longer-term charts to determine whether we’re currently trending higher or lower, and right now the ...