World Markets

‘We should be worried’: Finance leaders warn rising interest rates are squeezing low-income countries

Leaders of several global financial bodies warned that rising interest rates are increasing pressure on low-income developing countries, around 60%…

Japanese trading houses rise as Warren Buffett raises stakes and says he may buy more

Shares of Japanese trading houses rose on Tuesday after Warren Buffett, chairman and CEO of Berkshire Hathaway, raised his stakes in…

BofA reports inflows into global stocks are on a record-setting pace — and ETFs may be a way to play the hot trade

There’s a corner of the market gaining traction among ETF investors, according to The ETF Store’s Nate Geraci. The firm’s…

Private equity deals in Asia plunged 44% in 2022. More uncertainty may be ahead

Asia-Pacific’s private equity market plummeted last year — as investors’ appetite for risk fell in the face of inflation and…

‘The first bank crisis of the Twitter generation’: The pressure on banks is very different from 2008

LONDON — Turbulence across the banking sector has prompted the question of whether we are teetering on the edge of…

UBS buys Credit Suisse for $3.2 billion as regulators look to shore up the global banking system

UBS agreed to buy its embattled rival Credit Suisse for 3 billion Swiss francs ($3.2 billion) Sunday, with Swiss regulators…

Asia’s regulators say banking system is robust and stable after UBS-Credit Suisse takeover deal

Regulators in Asia issued reassuring statements Monday that their banking systems remained robust and stable after Swiss banking giant UBS…

Give us your nominations: CNBC is ranking the world’s top fintech companies

CNBC and independent research firm Statista are working together to identify the world’s top fintech companies, to be named in…

U.S. inflation is likely ‘far stickier’ and could last a decade, Bill Smead says

U.S. inflation is likely to be “far stickier” and could last a decade, according to Bill Smead, chief investment officer…