Asia Stocks Drop on Profit Taking, Fitch Fallout: Markets Wrap
Asia stocks fell as Fitch Ratings’ downgrade of the US sovereign rating sapped risk sentiment following a strong
2023-08-02 10:29
Country Garden Services to Buy Back Stock to Lift Confidence
Country Garden Services Holdings Co. said it’s planning a stock buyback to shore up investor confidence after renewed
2023-08-02 10:23
Korea’s Pace of Consumer Inflation Eases to Slowest in 25 Months
South Korea’s pace of inflation eased in July to the slowest in more than two years, offering more
2023-08-02 08:51
AMD Gains After Chipmaker Tops Estimates, Makes AI Inroads
Advanced Micro Devices Inc. gained in late trading after the chipmaker topped second-quarter estimates and touted inroads in
2023-08-02 08:21
Credit Suisse to Shutter Houston Office as Part of UBS Takeover
Credit Suisse Group AG is closing its office in Houston as part of the bank’s emergency takeover by
2023-08-02 07:59
US Credit Rating Downgraded From AAA by Fitch
The US was stripped of its top-tier sovereign credit grade by Fitch Ratings, which criticized the country’s ballooning
2023-08-02 07:57
US Credit Downgrade by Fitch Attacked as Baseless by Biden Officials
Biden administration officials objected strenuously to a decision by Fitch Ratings to strip the US of its top-tier
2023-08-02 07:54
Ukraine Recap: Drones Target Russia as Strikes Intensify
Russia shot down two Ukrainian drones over the Moscow region and jammed a third, part of an intensifying
2023-08-02 03:20
Bitcoin Turns Less Volatile Than S&P 500, Tech Stocks and Gold
Bitcoin trading volume tumbled last month amid waning volatility and little notable price swings in a market that
2023-08-02 00:28
China Says 20 Died in Floods as Storms Sweep Northern Areas
Parts of northern China are grappling with the impact of intense flooding as the death toll rose to
2023-08-02 00:20
CVS to Cut 5,000 Jobs Amid Shift Away From Retail Focus
CVS Health Corp. will cut 5,000 positions from its workforce to help cut costs as the drugstore chain
2023-08-02 00:16
Ford Restarts EV Truck Plant as Price Cuts Spark More Demand
Ford Motor Co. restarted production of F-150 electric Lightning pickup truck as it bets price cuts will spark
2023-08-01 23:46