Asian shares hesitant after Wall Street sell-off, dollar buoyant
By Stella Qiu SYDNEY Asian shares were subdued on Thursday after Fitch downgraded U.S. sovereign debt sparking profit-taking,
2023-08-03 10:53
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 09:50
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 08:59
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