Betting on a rate cut is ‘premature,’ European Central Bank member says
It is “premature” to bet on a cut to interest rates, Francois Villeroy de Galhau, France’s central bank governor, told CNBC exclusively on Monday.
A top European software investor raises $700 million — defying the venture capital slump
Dawn Capital, one of Europe’s biggest backers of business-to-business software companies, raised $700 million in two new funds.
China property stocks tumble as Evergrande drops 25% on debt restructuring roadblock
Chinese real estate giant Evergrande announced it is unable to issue new notes, and rescheduled a debt restructuring meeting with its creditors.
China-EU relationship is at a crossroads, top official says in Beijing
China’s relationship with the European Union needs to change, as the bloc’s trade chief asks for more openness and fairness from Beijing.
‘Who should I hire? Will I get rich?’ Fortune telling is a booming business in Singapore
From wealth, to weddings, and who to work with, more and more people are turning to fortune telling in Singapore.
Stock futures inch down as the market enters last week of September with losses: Live updates
Stocks have struggled this month as the Federal Reserve signaled higher interest rates for longer, sending bond yields rising.
CNBC Daily Open: Summer discontent is spilling into the fall
UAW strikes could make 2023 the biggest year for labor activity in nearly four decades.
Central banks across Europe pause for breath after mammoth rate hike run, but face ‘triple dilemma’
Several European central banks look set for a pause, but resurgent inflationary pressures and slowing growth may complicate the job ahead.
Asia markets mixed as investors look to inflation data across the region
Singapore’s August inflation figures are expected Monday, while Australia will release its inflation data on Wednesday and Japan on Friday for the Tokyo region.
Thailand’s new prime minister boosts optimism, but his populist policies pose fiscal risks
Srettha, Pheu Thai’s choice for leader, was appointed prime minister on Aug. 22 and is hoped to bring stability to Thailand’s economy and business environment.
