Citi’s Montagu Says US Stocks Can Rise as Positioning Risk Drops
The “orderly” pullback in US stocks last week has reduced the risk of a chaotic selloff and set
2023-08-08 15:46
China’s Trade Plunges More Than Forecast in Blow to Recovery
China’s trade plunged in July as slowing global demand clouded the outlook for exports, while domestic pressures weighed
2023-08-08 14:21
Wanda Executive Taken Away by China’s Police, Local Media Says
A senior executive of Dalian Wanda Group Co. was taken away by police in China, according to a
2023-08-08 13:55
Hong Kong Government to Appeal Failed Bid to Ban Protest Song
Hong Kong will appeal the High Court’s decision to reject its request to wipe a controversial protest song
2023-08-08 10:48
UBS Names Heads From Credit Suisse for Asia Global Banking Team
UBS Group AG reshuffled its Asia global banking division, appointing some senior Credit Suisse Group veterans to help
2023-08-08 09:21
Australian Consumer Sentiment Slips as Price Pressures Mount
Australia’s consumer confidence slipped further into “deeply pessimistic” territory as elevated inflation combined with high interest rates intensifies
2023-08-08 09:00
Moody’s Has More Gloomy View on US Banks Amid Several Strains
US banks including Capital One, PNC Financial Services Group and Fifth Third Bancorp had their debt-rating outlooks cut
2023-08-08 08:18
Australia Needs to Boost Sustainable Financing for Net Zero Goal
Australia will need to “substantially” boost financing for sustainable projects if the nation is to decarbonize its economy
2023-08-08 07:29
Thailand Pushes Yuan, Ringgit Use to Curb Impact of Baht Swings
Thailand plans to promote the use of yuan and other Asian currencies in trade and investments to curb
2023-08-08 07:20
Asian Shares Look Mixed After US Equities Rebound: Markets Wrap
Asian stocks were set for a mixed opening after shares in the US rebounded from their worst week
2023-08-08 07:19
Palantir Raises Profit Forecast, Sets $1 Billion Buyback
Palantir Technologies Inc. raised its forecast for adjusted profit in 2023 and authorized a $1 billion share buyback
2023-08-08 05:54
Amazon to Meet With FTC in Final Push to Avoid Antitrust Suit
Amazon.com Inc. will meet with Federal Trade Commission Chair Lina Khan and the agency’s three other commissioners next
2023-08-08 01:56