A seismic policy shift by Japan's central bank is still a matter of when not if, say investors now hunkering down for fresh havoc in bond markets and wild swings in currencies.
Empty offices globally should be converted to apartments to address a growing housing crisis in many countries, property executives told the World Economic Forum in Davos on Wednesday.
Airbus and Boeing will find it challenging to meet intermediate delivery targets this year on their way to ramping up production sharply in the coming years, an executive at U.S. lessor Aviation Capital Group said on Wednesday.
Morgan Stanley said on Wednesday it had promoted 184 executives to the role of managing directors, less than the 199 a year earlier, after a challenging 2022 for the investment bank in which profit plunged nearly 28%.
The number of nights spent in tourist accommodation in the European Union in 2022 approached pre-pandemic levels, the bloc's statistics office Eurostat said on Wednesday, confirming the sector's recovery path after the COVID-19 pandemic.
U.S. stock index futures inched up on Wednesday after big banks kicked off the reporting season with a mixed bag of earnings, while shares of United Airlines rose after it forecast at least a four-fold jump in full-year profit.
Semafor is planning to buy out FTX founder Sam Bankman-Fried's roughly $10 million investment in the news startup, the New York Times reported on Wednesday, citing the company's chief executive officer.
The average interest rate on the most popular U.S. home loan dropped to its lowest level since September as more evidence inflation is past its peak sent Treasury yields lower, data from the Mortgage Bankers Association (MBA) showed on Wednesday.
Attorneys for Tesla Inc and for investors will make opening arguments in a San Francisco court on Wednesday in a case to decide whether CEO Elon Musk's 2018 tweet that funding was "secured" to take the company private damaged shareholders.
