China Services Activity Surprisingly Picks up in Private Survey
China’s services activity expanded at a faster pace than expected in July, a private survey showed, a sign
2023-08-03 10:22
Oil Pares Risk-Off Decline With US Inventory Drop in Spotlight
Oil edged higher after posting the biggest loss in five weeks as traders took stock of a broad
2023-08-03 10:17
Japan Can’t Declare End of Deflation After BOJ Tweak, Amari Says
Japan can’t yet declare it’s beaten deflation, and the central bank will therefore need to retain its ultraeasy
2023-08-03 09:55
Evergrande Services Unit to Resume Trade After Earnings Release
China Evergrande Group’s property management firm plunged by a record as stock trading resumed for the first time
2023-08-03 09:46
MUFG to Buy $936 Million Stake in U.S. Bancorp After Unit Sale
Mitsubishi UFJ Financial Group Inc. will buy a stake in U.S. Bancorp for $936 million, deepening an alliance
2023-08-03 09:16
DBS Sees Higher Margin After Quarterly Profit Tops Estimates
DBS Group Holdings Ltd., Southeast Asia’s largest bank, signaled improving margins in the second half of this year
2023-08-03 08:51
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
RB Global Replaces CEO Fandozzi Amid Compensation Dispute, Sources Say
RB Global Inc., formerly known as Ritchie Bros. Auctioneers Inc., is appointing a new chief executive officer to
2023-08-03 06:47
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
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