Read more about the article UBS CEO Ermotti Warns over the Swiss Banking Reforms Overreach. By Noko David
Sergio ErmottiPhotographer: Raul Ariano/Bloomberg

UBS CEO Ermotti Warns over the Swiss Banking Reforms Overreach. By Noko David

The chief executive of UBS, Switzerland’s largest bank, is warning that proposed changes to the country’s banking rules could go too far and threaten both competitiveness and economic growth. Speaking…

Continue ReadingUBS CEO Ermotti Warns over the Swiss Banking Reforms Overreach. By Noko David
Read more about the article Who wins and loses in Oil Market after Venezuela’s Regime Turnover? By Noko David.
Oil tanker Kerala, chartered by Chevron, is being loaded in the Bajo Grande oil terminal at Maracaibo Lake, in the municipality of San Francisco, Venezuela, January 5, 2023 [File: Isaac Urrutia/Reuters]

Who wins and loses in Oil Market after Venezuela’s Regime Turnover? By Noko David.

The capture of Venezuelan President Nicolás Maduro has reignited questions in the global oil market about the future of Venezuela’s oil industry under U.S. influence—and who stands to gain or…

Continue ReadingWho wins and loses in Oil Market after Venezuela’s Regime Turnover? By Noko David.
Read more about the article Trump Weighs in on Fed Chair Pick: Meet the Shortlisted Candidates. By Noko David
Federal Reserve Chairman Jerome Powell

Trump Weighs in on Fed Chair Pick: Meet the Shortlisted Candidates. By Noko David

President Donald Trump has announced he has made a decision on who will become the next chair of the Federal Reserve, the most influential position in the U.S. economy. The…

Continue ReadingTrump Weighs in on Fed Chair Pick: Meet the Shortlisted Candidates. By Noko David
Read more about the article Moscow’s Economic Tactics Challenged by Russia’s Top Financial Official. By Noko David
Russia Central Bank

Moscow’s Economic Tactics Challenged by Russia’s Top Financial Official. By Noko David

In today’s top economic story, Russia’s leading financial figure has delivered a stark warning about the country’s economic priorities — suggesting Moscow may be focusing on the wrong battle. German…

Continue ReadingMoscow’s Economic Tactics Challenged by Russia’s Top Financial Official. By Noko David
Read more about the article Fed chair candidate Rieder says Powell’s actions were firmer than analysts predicted. Noko David.
From left to right: National Economic Council director Kevin Hassett, Fed governor Christopher Waller, former Fed governor Kevin Warsh, BlackRock chief investment officer of global fixed income Rick Rieder and Federal Reserve governor Michelle Bowman. Photos: Getty Images

Fed chair candidate Rieder says Powell’s actions were firmer than analysts predicted. Noko David.

Financial markets and policymakers are closely watching remarks from Rick Rieder, a leading candidate to succeed Federal Reserve Chair Jerome Powell. Rieder says Powell’s recent statements were “considerably more hawkish…

Continue ReadingFed chair candidate Rieder says Powell’s actions were firmer than analysts predicted. Noko David.
Read more about the article An October Fed rate cut is all but certain; December will be the key month to watch. By Noko David.
Recent remarks by Federal Reserve Chair Jerome Powell were interpreted as signaling a rate cut in October. © Hannah Beier/Bloomberg

An October Fed rate cut is all but certain; December will be the key month to watch. By Noko David.

Financial markets are bracing for a nearly certain rate cut by the Federal Reserve at next week’s meeting, as the central bank continues its pivot toward supporting the job market…

Continue ReadingAn October Fed rate cut is all but certain; December will be the key month to watch. By Noko David.

This may spell volatility for the financial sector and the stock market. By Noko David.

A new wave of retail investor optimism could actually spell trouble for the financial markets. Analysts are warning that last week’s aggressive buying spree, following a sharp sell-off on Wall…

Continue ReadingThis may spell volatility for the financial sector and the stock market. By Noko David.
Read more about the article Chase CEO Jamie Dimon warns investors about a potential market crash. By Noko David
Jamie Dimon, CEO and Chairman of JPMorgan Chase.

Chase CEO Jamie Dimon warns investors about a potential market crash. By Noko David

Today, we start with a serious warning from one of the most prominent figures of Wall Street. Jamie Dimon, CEO and Chairman of JPMorgan Chase, has sounded the alarm about…

Continue ReadingChase CEO Jamie Dimon warns investors about a potential market crash. By Noko David
Read more about the article German chancellor Merz pushes for Europe to establish Stock Market Competitor to US and Asia. By Noko David
German Chancellor Friedrich Merz makes his government statement in the German Bundestag. Photo: Federal Government/Sandra Steins

German chancellor Merz pushes for Europe to establish Stock Market Competitor to US and Asia. By Noko David

German Chancellor Friedrich Merz is calling for a pan-European stock exchange — a bold move he says is necessary to help European companies compete with giants in the U.S. and…

Continue ReadingGerman chancellor Merz pushes for Europe to establish Stock Market Competitor to US and Asia. By Noko David
Read more about the article Recession worries grow as Fed signals additional rate cuts amid slowing job growth. By Noko David.
The United States Federal Reserve Building.

Recession worries grow as Fed signals additional rate cuts amid slowing job growth. By Noko David.

Growing recession concerns are rippling through the U.S. economy after Federal Reserve Chair Jerome Powell signaled that more interest rate cuts may be coming — a move meant to cushion…

Continue ReadingRecession worries grow as Fed signals additional rate cuts amid slowing job growth. By Noko David.