Asia Stocks Extend Declines on Fed, China Concerns: Markets Wrap
Shares in Asia fell Thursday after a selloff in US stocks and bonds as investors digested hawkish signals
2023-08-17 08:53
RBNZ’s Orr Says Mild Recession ‘Bare Minimum’ to Tame Inflation
New Zealand central bank Governor Adrian Orr said a mild recession would be the “bare minimum” before policymakers
2023-08-17 08:29
China’s Housing Slump Is Much Worse Than Official Data Shows
Judging by China’s official statistics, the nation’s housing market has been remarkably resilient in the face of tepid
2023-08-17 07:57
China Is Headwind for US, Global Economy, Treasury Official Says
US Deputy Treasury Secretary Wally Adeyemo said China’s economic issues are proving to be a headwind for the
2023-08-17 05:52
BAE in Talks to Buy Ball’s $4 Billion Aerospace Unit
BAE Systems Plc is in talks about a possible acquisition of Ball Corp.’s aerospace division, people with knowledge
2023-08-16 22:45
US Housing Starts Advanced in July on Single-Family Construction
New US home construction rose in July on strength in single-family projects amid limited supply in the resale
2023-08-16 21:29
Israel’s Inflation Letup to Support Rate Pause as Economy Stalls
Israel’s economic growth stagnated and inflation slowed more than expected to almost within the government’s target range, making
2023-08-16 18:59
Argentine Peso to Slide 70% by Next Year, BofA Says
The worst is yet to come for the Argentina peso, already the world’s weakest currency this year, according
2023-08-16 17:52
Germany’s Shortage of Skilled Workers Is Worsening, Ifo Says
A dearth of skilled labor that’s restraining German output is getting worse. More and more companies across Europe’s
2023-08-16 15:59
Intel to Call Off $5.4 Billion Tower Deal Without Chinese Approval
Intel Corp. is expected to call off its planned $5.4 billion acquisition of Tower Semiconductor Ltd. as time
2023-08-16 14:26
UK Inflation Falls Less Than Expected as Transport Costs Rise
UK inflation remained higher than expected last month, adding to the case for the Bank of England to
2023-08-16 14:26
Temasek Weighs $2 Billion Pavilion Energy Asset Sale, Sources Say
Singapore’s Temasek Holdings Pte is considering selling some of Pavilion Energy Pte’s assets and seeking a valuation of
2023-08-16 14:00