Guggenheim Rushes to Clarify 77% Earnings Drop After Loan Slides
A financing entity of Guggenheim Investments moved to explain a steep decline in second-quarter earnings after the disclosure sent its loan price tumbling.
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Huge AI spending plans and the ongoing war in Iran are driving up borrowing costs around the world.
EU Moves to Support Ukraine Grain Exports and Shield Farmers
The European Union is looking “at all possible lanes” to support grain exports from Ukraine and is working to blunt the financial impact of extreme weather on farmers as part of a responsibility to safeguard global…
India Raises Record $127 Billion in Forex Deposits From Diaspora
India garnered a record of about $127 billion in foreign-currency inflows from its 35-million-strong diaspora since June through a special dollar-swap window, giving policymakers a bigger cushion to support the rupee…