Devin Wang

Former British prime minister Boris Johnson will be grilled by lawmakers on Wednesday as they decide whether he intentionally misled parliament about illegal parties at his office during coronavirus lockdowns.

It looks far more likely that the Fed delivers a 25bp hike than goes for no change.

The Democratic Unionists reject new British legislation that gives them the power to challenge, but not block, the rollout of new European goods laws in their corner of the United Kingdom.

After opening the week lower, European stocks recovered early losses to finish the day higher yesterday, as markets tried to absorb the events of the weekend, and the $3bn absorption of Credit Suisse by its bigger Swiss rival UBS.

Fears of a global banking crisis are continuing to swirl, with investors keeping a close eye on a dashboard of indicators that show how stress is rippling through markets and the banking system.

Financial markets in today's Asian session exhibit a risk-averse sentiment, despite attempts on the weekend to stabilize the situation from the recent banking crisis.

Moves by authorities to avert a global banking crisis appeared to have lifted market confidence on Monday as investors welcomed emergency dollar liquidity from top central banks and a historic Swiss-backed acquisition of troubled Credit Suisse by UBS Group.

Eastern Libyan forces said on Thursday that 10 drums of uranium declared missing by the U.N. nuclear watchdog had been found near the warehouse they were taken from in southern Libya.

For years, Sweden has been warned that its dysfunctional housing market, plagued by under-supply and kept aloft by low rates and generous tax benefits, was a risk to the wider economy.

If rising borrowing costs push some eurozone countries to the brink of another sovereign debt crisis, a simple repetition of harsh austerity measures is not in the cards.