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'Basel III' bank rules could pose unexpected threat to Biden's green energy plans

Renewable energy groups and congressional Democrats are raising alarms about potential harm to clean energy goals from a proposed banking regulation. ....

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Why Fed rate hikes take so long to affect the economy

The Federal Reserve's interest rate increases may slow economic growth for a decade or more, according to a recent estimate from San Francisco Fed economists. ....

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Australia appoints BoE's Andrew Hauser as new RBA deputy head

Hauser, the executive director of markets at the BoE, is expected to start his five-year term before the first RBA board meeting next year. ....

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Zombie firm bankruptcies amid Fed interest rate hikes

Businesses with rising debt and sinking sales are filing for bankruptcy, a sign of healthy creative destruction to U.S. central bankers. ....

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UOB sees stronger 2024 outlook, Q3 net profit trails estimate

UOB, Singapore's third-largest bank by assets, projected mid single-digit loan growth and double-digit fee growth for its 2024 outlook. ....

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