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 10:25
NYC’s Migrant Crisis Reaches Breaking Point in Midtown Manhattan
The migrant crisis is spilling out onto the streets of New York, with hundreds of people sleeping and
2023-08-02 02:52
Saudi Wealth Fund Hires Banks for Second Bond Sale This Year
Saudi Arabia’s sovereign wealth fund has hired banks for a debut Islamic dollar bond sale to help finance
2023-08-01 21:48
Apple, Microsoft remain world's top 2 companies by market cap
Tech giants Apple and Microsoft remained the top two global companies by market capitalisation at the end of
2023-08-01 18:21
Wall Street Economists Are Looking at a September Rate Pause
Federal Reserve Chair Jerome Powell has left the door open to another interest-rate hike, but Wall Street economists
2023-08-01 17:27
Chinese Developer Country Garden Slides as Funding Woes Worsen
One of China’s last major developers to have so far avoided defaults amid the nation’s property debt crisis
2023-08-01 17:22
Stocks, oil resilient amid cautious optimism on economy
By Tom Wilson and Kevin Buckland LONDON/TOKYO Stocks were mostly resilient and oil hovered near recent highs on
2023-08-01 16:20
Saudi Arabia Borrowing Rate Hits Record High, Hitting Businesses
A key gauge of borrowing costs in Saudi Arabia has risen to a record, potentially hitting businesses and
2023-08-01 15:15
Australia Extends Rate Pause for Second Month, Currency Drops
Australia’s central bank kept its key interest rate unchanged on Tuesday following a cooling of inflation pressures and
2023-08-01 12:51
Global Pile of Negative-Yield Debt Driven Toward Zero by BOJ
The world’s stockpile of negative-yielding debt looks to be grinding toward extinction as the Bank of Japan eases
2023-08-01 10:54
China Pledges More Loan Support to Business to Spur Economy
China has pledged to boost credit to private companies and extend other funding measures to small firms as
2023-08-01 10:52
Oil Steadies After the Biggest Monthly Advance Since Early 2022
Oil steadied after the biggest monthly advance since early 2022 as signs of a tighter global crude market
2023-08-01 09:58