News

The threat of soaring government debt supply destabilising financial markets has intensified, the world's top central banking advisory body said on Tuesday, as it urged policymakers to act swiftly to prevent economic damage. Claudio Borio, head of the Bank for International Settlements' monetary and economic department, said he was on alert for a government debt glut causing bond market ructions that could spill over into other assets. "Financial markets are beginning to realise they will have to absorb these growing volumes of government debt," he said as the BIS published its latest quarterly report.

The software giant reported $4.21 billion in profit, or $1.47 per share, for the three months that ended in late November.

Tesla shares have added nearly $450 billion in market value since Election Day.

Bond markets are likely to be in focus today with the first of three major coupon auctions that will raise around $120 billion for the U.S. Treasury

A supplier of world cuisine, Surya Foods' best-known branded products include Laila rice and Thai Dragon condiments.

Money market account interest rates today are well above historical norms. Find out where to get the best MMA rates.

Increasing chaos in the Middle East usually brings an oil shock with it – but we also have an incoming second Trump administration, one that is likely to push for an expansion of American domestic oil production. How these currents will interact is difficult to predict, but the oil industry experts at JPMorgan have some insights into the situation. In short, the bank sees likely strength on the exploration and production side of the US oil industry, from a combination of improved efficiencies in