ECB’s Knot Says More Hikes May Be Needed If Inflation Stays High
European Central Bank Governing Council member Klaas Knot warned that prolonged inflation may prompt further increases in borrowing
2023-06-07 17:56
Pinduoduo Draws Short Sellers in China’s E-Commerce Price War
One of China’s most popular stock bets of the past year is unraveling fast, weighed by an intensifying
2023-06-07 10:26
Australia’s Persistent Inflation Tests RBA’s Patience, Lowe Says
Australia’s recent upside surprises in inflation are testing the Reserve Bank’s patience, Governor Philip Lowe said, highlighting a
2023-06-07 09:15
Asian Equities Rise With Positive Signs for China: Markets Wrap
Asian stocks rose Wednesday, with hopes for stimulus in China, a positive sign in geopolitics and hints of
2023-06-07 08:51
Guatemala Sells $1 Billion Bond After Credit Rating Boost
Guatemala tapped global markets for the first time in nearly a year in a bid to take advantage
2023-06-07 04:20
US Secretary of State Blinken Set to Travel to Beijing for Talks in Coming Weeks
Secretary of State Antony Blinken plans to visit China in the coming weeks for talks with top officials,
2023-06-07 02:16
Merck Sues US, Calling Move to Cut Drug Prices ‘Extortion’
Merck & Co. is suing the US over a law that will allow the government to negotiate prescription-drug
2023-06-07 01:58
Sequoia Splits Into Three Entities, Makes China Standalone Firm
Sequoia Capital, the venture capital powerhouse, is breaking up into three entities across the globe, splitting the Chinese
2023-06-06 18:50
RBI Draining Liquidity Signals Its Intent to Quash Inflation
The Reserve Bank of India intensified its operations to remove cash from the banking system, showing it wants
2023-06-06 18:27
ECB Says Consumer Inflation Expectations Fell Significantly
Consumer expectations for euro-zone inflation eased significantly in April, adding to the case for the European Central Bank’s
2023-06-06 16:58
Egypt Distressed Bonds Attract Yield Hunters on Asset-Sale Bets
Investors are looking anew at Egypt’s bonds after signs of progress in its plans to sell state assets.
2023-06-06 16:47
TSMC Tempers Capex Outlook to $32 Billion as Chip Demand Weakens
Taiwan Semiconductor Manufacturing Co. tempered its outlook for 2023 capital spending, as the main chipmaker to Apple Inc.
2023-06-06 13:56