China Seeks Sentiment Boost With Strong Yuan Fix, Cash Injection
The People’s Bank of China moved to boost market sentiment with a stronger-than-expected yuan fixing and its largest
2023-08-16 09:55
Hedge Fund That Sees Hard US Landing Bets on Chinese Equities
The rally in equities is set to grind to a halt as investors come to grips with slowing
2023-08-16 09:26
Asia Traders Brace for Losses After US Stocks Sink: Markets Wrap
Asian stock markets are poised to open lower following declines across the board in the US as inflation
2023-08-16 07:20
Occidental buys carbon air capture tech firm for $1.1 billion
By Sabrina Valle and Sourasis Bose (Reuters) -U.S. oil and gas producer Occidental Petroleum on Tuesday agreed to pay $1.1
2023-08-16 06:46
Milei to Start Talks With IMF on Argentina $44 Billion Deal
Javier Milei, the outsider who won Argentina’s primary election this week, is starting talks with the International Monetary
2023-08-16 04:57
Blackstone Names Harper BREIT President While Agarwal Goes on Leave
Blackstone Inc.’s $68 billion real estate trust said its president A.J. Agarwal will go on a sabbatical for
2023-08-15 23:58
US Retail Sales Top Forecasts, Showcasing Consumer Resilience
US retail sales rose in July by more than forecast, highlighting how the resilience of consumers is helping
2023-08-15 20:49
Surprise China Rate Cut Only Highlights Tough Choices Facing Xi
President Xi Jinping has resisted pulling the trigger on a major stimulus to revive the world’s second-biggest economy.
2023-08-15 19:28
The Fed’s Interest-Rate Debate Is Shifting
As Federal Reserve officials close in on the end of their tightening campaign, the debate is shifting from
2023-08-15 17:27
Danish GDP Grew For Third Quarter As Pharma Boosts Economy
Denmark’s economy expanded for the third consecutive quarter as Novo Nordisk A/S and other Danish drugmakers enjoy massive
2023-08-15 16:49
Russia Hikes Rates at Emergency Meeting After Ruble’s Crash
Russia’s central bank raised interest rates to the highest in over a year, increasing the pace of monetary
2023-08-15 16:26
European Stocks Decline as China Concerns Build; UK Stocks Lag
European equities slipped amid light trading, as China’s central bank decision to unexpectedly cut a key interest rate
2023-08-15 16:20