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Financial News Around the World

‘Call of duty’: With Sergio Ermotti, Switzerland gets a cost-cutting local to restore its reputation

New UBS CEO Sergio Ermotti on Wednesday said his return to the helm was “a call of duty,” as the Swiss veteran takes on the task of restoring order to the country’s bruised financial system.

Published 29 March 2023
Categorised as Finance News

Bitcoin climbs 5% above $28,000 as investors shrug off regulatory crackdowns

Bitcoin surged 5% in the past 24 hours to as high as $28,474, retaking the $28,000 level after dipping below it on Monday.

Published 29 March 2023
Categorised as Finance News

Asia’s ‘best restaurants’ list is out — and it’s no surprise which country made the list 17 times

Japan is home to 17 of the region’s “best” 100 restaurants, while Singapore and Thailand tied for second place with 15 restaurants on the list each.

Published 29 March 2023
Categorised as Finance News

Jamie Dimon is being deposed over JPMorgan Chase role in Epstein lawsuits

The suits allege that New York-based JPMorgan Chase ignored red flags about Jeffrey Epstein.

Published 28 March 2023
Categorised as Finance News

SVB customers tried to withdraw nearly all the bank’s deposits over two days, Fed’s Barr testifies

The run on Silicon Valley Bank’s deposits this month went far deeper than was initially known.

Published 28 March 2023
Categorised as Finance News

If you can’t make the tax deadline, here’s how to file a federal extension for free. ‘All it does is help you,’ says tax pro

If you’re not ready to file your federal taxes, you can request a free six-month extension. Here’s how to do it.

Published 28 March 2023
Categorised as Finance News

A.I. could drive $7 trillion in global growth in 10 years, Goldman estimates. Here’s how to play it.

Goldman estimates the total addressable market for generative artifical intelligence is $150 billion.

Published 28 March 2023
Categorised as Finance News

Stocks making the biggest moves midday: Micron, Paramount, McCormick and more

Check out the companies making headlines in midday trading Tuesday.

Published 28 March 2023
Categorised as Finance News

BlackRock warns that investors are making a mistake by betting on the Fed to cut rates

The expectation for cuts would be consistent with a recession and an accompanying fall in inflation.

Published 28 March 2023
Categorised as Finance News

Stocks making the biggest moves before the bell: Alibaba, Lyft, Walgreens and more

Alibaba shares jumped after the e-commerce giant said it would split its company into six separate business groups.

Published 28 March 2023
Categorised as Finance News

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