Iron Ore Climbs as China’s PBOC Cuts Rates to Support Recovery
Iron ore gained and copper fluctuated as China’s central bank cut rates to support a sputtering recovery, with
2023-08-15 15:56
Sweden’s Elevated Price Pressure Sets Stage for Another Hike
Swedish core inflation remained on an elevated level in July, keeping pressure on the Riksbank to raise interest
2023-08-15 15:25
UK Wages Growing at Record Pace Add to BOE’s Inflation Concerns
UK wage growth accelerated to the strongest pace on record, adding to concerns that a tight labor market
2023-08-15 14:20
Country Garden Crisis Drags Down Other Builders That Got Support
A potential default at developer giant Country Garden Holdings Co. has led to greater skepticism of the efficacy
2023-08-15 13:27
China Rate Cut Reaction the Latest Sign Beijing Has More to Do
China traders are rushing to the safest assets the market has to offer, as a surprise interest-rate cut
2023-08-15 13:21
Yen Weakens Toward Level That Prompted September Intervention
Japan’s currency dropped toward a level that triggered the first yen-buying intervention since 1998 in September as yield
2023-08-15 11:19
RBA Sees a ‘Credible Path’ to Inflation Target at 4.1% Rate
Australia’s central bank sees a “credible path” to return inflation to its 2-3% target with interest rates at
2023-08-15 10:49
HKEX, Banks Exploring Ways to Boost Stock, Derivatives Trading
Banks and the stock exchange in Hong Kong are discussing ways to revive moribund trading volumes. Regular meetings
2023-08-15 08:55
Argentina Seeks Larger IMF Disbursement After 18% Devaluation
Argentina intends to ask the International Monetary Fund to increase a disbursement planned for later this month by
2023-08-15 08:45
Japan’s Economy Expands More Than Expected on Export Gains
Japan’s economy expanded at a much faster clip than forecast, propelled by robust exports in a sign that
2023-08-15 08:17
Asian Stocks Look Mixed After US Tech Shares Gain: Markets Wrap
Asian shares were poised for a mixed opening, with the region’s focus turning to China’s growing signs of
2023-08-15 07:28
Goldman, BofA Tap High-Grade Bond Market Before Summer Lull
Bank of America Corp., Goldman Sachs Group Inc. and regional lender Huntington Bancshares Inc. brought fresh debt offerings
2023-08-15 03:18