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Financial News Around the World

The rich often misjudge the potency of their retirement savings, report finds

Relative to other income groups, high earners tend to think they’re on track for retirement when they’re actually not, a new study found.

Published 12 June 2023
Categorised as Finance News

Andreessen Horowitz to open first office outside the U.S. in London in bet UK will become crypto hub

Andreessen Horowitz, a major U.S. technology investor, said it plans open its first international office in London.

Published 12 June 2023
Categorised as Finance News

Ray Dalio says Treasurys are risky, and stocks are a better bet here

Billionaire investor Ray Dalio thinks U.S. government bonds are becoming risky as the country descends deeper into its debt crisis.

Published 12 June 2023
Categorised as Finance News

Goldman Sachs CEO David Solomon warns of pain ahead for commercial real estate

The commercial real estate industry is in the throes of a painful adjustment to higher borrowing costs and lower occupancy rates.

Published 12 June 2023
Categorised as Finance News

Inflation outlook hits two-year low in latest New York Fed survey

The Survey of Consumer Expectations for May showed one-year inflation expectations down 0.3 percentage points to a 4.1% rate.

Published 12 June 2023
Categorised as Finance News

Green shoots for the IPO market? More companies are looking at going public

The Great IPO Drought has gone on for 18 months, but some are hopeful that may be ending.

Published 12 June 2023
Categorised as Finance News

Stocks making the biggest moves before the bell: Nasdaq, Illumina, Oracle, Carnival & more

These are the stocks posting the largest moves in premarket trading.

Published 12 June 2023
Categorised as Finance News

George Soros hands control of his $25 billion empire to his son Alex

CNBC’s Becky Quick reports on the latest news.

Published 12 June 2023
Categorised as Finance News

HSBC builds innovation division from the bones of collapsed SVB UK

HSBC unveiled its new HSBC Innovation Banking unit Monday, following its eleventh-hour rescue of the U.K. subsidiary of SVB in March.

Published 12 June 2023
Categorised as Finance News

UBS says it has completed the takeover of stricken rival Credit Suisse

Swiss bank UBS released an open letter Monday saying that it had formally completed the takeover of its rival Credit Suisse.

Published 12 June 2023
Categorised as Finance News

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