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
Russia's central bank raises interest rates to 12% after the ruble plunges
Russia's central bank hiked its main interest rate by 3.5 percentage points to 12% Tuesday after the ruble cratered to a 17-month low the previous day.
2023-08-15 17:50
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
Federer-Backed Shoemaker On Says Strong Franc Weighs on Sales Growth
Swiss shoemaker On Holding AG said the strength of the franc will dampen its ability to fully capitalize
2023-08-15 17:16
Investors least bearish since February 2022 - BofA
MILAN Sentiment among global investors improved in August to its least bearish since February 2022 with cash allocations
2023-08-15 16:54
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
Indonesia’s GoTo Cuts Loss After Bottom-Line Focus Pays Off
GoTo Group narrowed losses after prioritizing the bottom-line over revenue growth, taking the Indonesian internet leader closer to
2023-08-15 16:25
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
China Mulls Stamp Duty Cut to Revive Slumping Stock Market
Chinese authorities are considering cutting the stamp duty on stock trades for the first time since 2008, people
2023-08-15 15:58
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
China Halts Youth Jobs Data, Stoking Transparency Concerns
China suspended publishing data on its soaring youth unemployment rate to iron out complexities in the numbers, fanning
2023-08-15 14:28