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 07:45
Australia Must Consider WeChat Ban, Senate Report Says
Australia should consider extending a ban on TikTok from government devises to include WeChat, a panel of lawmakers
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 07:20
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 06:25
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 06:21
Fitch Says US Fiscal Metrics and Governance Spurred Credit-Rating Cut
Weakening US fiscal metrics and governance, highlighted by political wrangling over the debt ceiling, were at the heart
2023-08-03 01:46
Brazil’s Lula Says He Expects Rate Cut, But Renews Central Bank Criticism
President Luiz Inacio Lula da Silva expects Brazil’s central bank to begin cutting interest rates on Wednesday, saying
2023-08-03 01:24
Kansas City Fed Names Veteran Banker and Regulator as Its Chief
The Federal Reserve Bank of Kansas City appointed a longtime former banker and bank regulator its new president
2023-08-03 01:19
US Plans $103 Billion Debt Sale, Says Issuance to Keep Rising
The US Treasury boosted the size of its quarterly sale of longer-term debt for the first time in
2023-08-02 20:52
BofA Joins Fed in Reversing Recession Call Amid Growing Optimism
Economists at Bank of America Corp. revoked their forecast for a recession in the US, becoming the first
2023-08-02 19:52
Russian Drones Hit Danube Port Key to Ukraine Grain Exports
Russian drones struck a Ukrainian port on the Danube River, driving global wheat and corn prices higher as
2023-08-02 19:45
Traders Brace for BOE to Hint at Faster Pace of Bond Sales
Speculation is growing the Bank of England will surprise economists by signaling an increase to the pace of
2023-08-02 19:25