U.S. Consumer Confidence Ends Year at New Lows
Confidence index slides for fifth straight month
U.S. consumers are closing the year in a noticeably pessimistic mood. The Conference Board reported that its consumer...
Fiscal Fears Weigh on Yen and Japan Bond Market
Market doubts overshadow central bank tightening
Japan could face further weakness in the yen and continued upward pressure on government bond yields as investors grow...
Australian Retirement Trust to Buy Stake in Westfield Sydney
Transaction values mall at A$4.3 billion
The Australian Retirement Trust will acquire a near 20% stake in Scentre Group’s flagship Westfield Sydney shopping mall for...
Morgan Stanley Leads Race for SpaceX IPO Role
Bank emerges as front-runner in early talks
Morgan Stanley is emerging as a leading contender for a key role in a potential initial public offering...
ECB Holds Rates as Uncertainty Keeps Policy Flexible
Inflation near target but risks remain
Inflation in the euro zone has stabilized close to the European Central Bank’s 2% target, supported mainly by persistent...