Egypt Looks Beyond Rate Hike to Cool Record Inflation
Not even record inflation looks likely to spur Egypt’s first interest-rate hike since March, with policymakers seen raiding
2023-08-03 13:28
BOJ Intervenes for Second Time This Week to Slow Yield Spike
The Bank of Japan came into the market for the second time this week to slow gains in
2023-08-03 12:48
Tech shares fall as China mulls child smartphone limits
Shares of firms such as Alibaba and video-sharing website Bilibili extended their losses in Asia on Thursday.
2023-08-03 12:30
Pope meets victims of clerical sexual abuse in Portugal
A report this year said at least 4,815 children in Portugal were abused by members of the clergy.
2023-08-03 11:47
Superconductor Stocks Brush Aside Korean Warning to Extend Rally
Investors continued to pile into some Korean stocks seen as related to superconductors amid claims about a breakthrough
2023-08-03 11:21
Australian museum to return stolen Cambodian artefacts
The bronze sculptures will be given back to Cambodia amid a global push return looted goods.
2023-08-03 10:49
China Drug-Price Negotiations Offers Glimpse Into Future for Companies in US
As drugmakers in the US steel for price negotiations ushered in by President Joe Biden’s Inflation Reduction Act,
2023-08-03 10:19
Japan Can’t Declare End of Deflation After BOJ Tweak, Amari Says
Japan can’t yet declare it’s beaten deflation, and the central bank will therefore need to retain its ultraeasy
2023-08-03 09:55
MUFG to Buy $936 Million Stake in U.S. Bancorp After Unit Sale
Mitsubishi UFJ Financial Group Inc. will buy a stake in U.S. Bancorp for $936 million, deepening an alliance
2023-08-03 09:16
KKR, JIC Shortlisted for Fujitsu’s $2.7 Billion Stake in Shinko Electric, Sources Say
Apollo Global Management Inc., Bain Capital and KKR & Co. are among suitors shortlisted in the bidding for
2023-08-03 08:55
California Teachers’ Pension Keeps Shrinking Its Exposure to China
China dropped to the 19th place on the California State Teachers’ Retirement System ranking of country asset exposure,
2023-08-03 08:51
China Spooks Commodity Traders With Probe Into Suspicious Deals
Chinese authorities are intensifying a crackdown on some commodities transactions they view as offering little economic benefit, leading
2023-08-03 08:27