
California Teachers’ Pension Keeps Shrinking Its Exposure to China
China dropped to the 19th place on the California State Teachers’ Retirement System ranking of country asset exposure,
2023-08-03 08:51

China Spooks Commodity Traders With Probe Into Suspicious Deals
Chinese authorities are intensifying a crackdown on some commodities transactions they view as offering little economic benefit, leading
2023-08-03 08:27

Morgan Stanley Says Take Profits on China, Downgrades Shares
Morgan Stanley cut its rating on Chinese stocks to equal weight Wednesday, saying investors should capitalize on a
2023-08-03 07:47

Fitch Downgrades Fannie Mae and Freddie Mac One Notch to AA+
Fitch Ratings downgraded the credit scores of Fannie Mae and Freddie Mac to AA+ from AAA, a day
2023-08-03 07:22

Bank of England May Slow Pace of UK Rate Hikes
The Bank of England is likely to boost interest rates again on Thursday, but a slowing in the
2023-08-03 07:16

Qualcomm Slides as Smartphone Slump Drags On; Job Cuts Planned
Qualcomm Inc., the largest maker of smartphone processors, fell as much as 8.2% in late trading after giving
2023-08-03 06:57

K-pop Fans Are Fighting Big Coal to Protect Beach Made Famous by BTS
As heavy rains pummeled South Korea last month, K-pop fans braved stormy conditions to stage a protest on
2023-08-03 06:29

Brazil Kicks Off Easing Cycle With Surprise Half-Point Interest Rate Cut
Brazil’s central bank lowered its benchmark interest rate by a larger-than-expected 50 basis points and said future cuts
2023-08-03 06:16

Marketmind: A sea of red, but AAA shock will fade
By Jamie McGeever A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
2023-08-03 05:53

Home-Power Suppliers Face Slump Despite Grid Outages
Home solar and backup-power companies are facing a slump in US demand despite increased concerns about the reliability
2023-08-03 04:54

Wells Fargo to Tap Corporate Bond Market Despite US Credit Downgrade
A handful of borrowers, including Wells Fargo & Co., are selling fresh debt in the US investment-grade bond
2023-08-03 03:30

Trump-Tied SPAC Hits Another Snag as Auditor Abruptly Resigns
A deal to take Donald Trump’s media company public is facing another major setback, putting into question whether
2023-08-03 03:24