US Ratings Downgrade Casts Spotlight on AAA Ones Standing
The fallout from Fitch Ratings’ downgrade of the US puts the focus on the countries still holding onto
2023-08-02 12:59
EU and Turkey Discuss Easing Trade Relations Amid Warmer Ties
The European Union and Turkey are discussing an update of their customs union as part of the country’s
2023-08-02 12:24
To Catch a Trader: How Banks Got Raided in Hunt for Tax Cheats
The police were staked out. The second hand swept 12. Allez — go! Two squads descended near the
2023-08-02 12:20
BOJ’s Key Policy Architect Says YCC Shift Doesn’t Mean Exit
Deputy Governor Shinichi Uchida said that the Bank of Japan is far from an exit or raising its
2023-08-02 11:54
Summers, El-Erian Pile Criticism on Fitch Downgrade Decision
Prominent economists Larry Summers and Mohamed El-Erian joined a cohort of their peers in criticizing Fitch Ratings’ decision
2023-08-02 11:50
Oil Rises After Industry Report Points to Massive Inventory Draw
Oil resumed a rally after an industry estimate pointed to a huge drawdown in US inventories, adding to
2023-08-02 11:49
Asia Stocks Drop on Profit Taking, Fitch Fallout: Markets Wrap
Asia stocks fell as Fitch Ratings’ downgrade of the US sovereign rating sapped risk sentiment following a strong
2023-08-02 10:29
Country Garden Services to Buy Back Stock to Lift Confidence
Country Garden Services Holdings Co. said it’s planning a stock buyback to shore up investor confidence after renewed
2023-08-02 10:23
New Zealand Jobless Rate Rises, Wages Slow After Rate Hikes
New Zealand unemployment rose in the second quarter and wage inflation showed signs of slowing, indicating the labor
2023-08-02 08:56
Korea’s Pace of Consumer Inflation Eases to Slowest in 25 Months
South Korea’s pace of inflation eased in July to the slowest in more than two years, offering more
2023-08-02 08:51
AMD Gains After Chipmaker Tops Estimates, Makes AI Inroads
Advanced Micro Devices Inc. gained in late trading after the chipmaker topped second-quarter estimates and touted inroads in
2023-08-02 08:21
Credit Suisse to Shutter Houston Office as Part of UBS Takeover
Credit Suisse Group AG is closing its office in Houston as part of the bank’s emergency takeover by
2023-08-02 07:59