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Emerging economies are pushing to end the dollar's dominance. But what's the alternative?
Emerging economies are pushing to end the dollar's dominance. But what's the alternative?
Across the developing world, many countries are fed up with America’s dominance of the global financial system — and especially the power of the dollar
2023-08-19 13:19
Santander posts record profit despite special tax
Santander posts record profit despite special tax
Spanish lender Banco Santander reported Wednesday a record profit for the first half of the year despite a windfall tax imposed on banks, as rising...
2023-07-26 16:53
China Property Slump Deepens as Beijing Mulls More Stimulus
China Property Slump Deepens as Beijing Mulls More Stimulus
The contraction in China’s home sales and property investment both deepened in October, a steeper downturn that may
2023-11-15 13:57
US fuelmaker profits to fall from last year's records
US fuelmaker profits to fall from last year's records
By Laura Sanicola U.S. refining profits are expected to fall from last year's records but remain strong as
2023-07-25 00:52
The Case for Investing in Emerging Markets Is Fading in August
The Case for Investing in Emerging Markets Is Fading in August
August is turning out to be chaos for emerging markets. Bonds and stocks from developing economies are poised
2023-08-20 22:20
East Palestine train derailment has now cost Norfolk Southern $1 billion
East Palestine train derailment has now cost Norfolk Southern $1 billion
The costs to Norfolk Southern from the February derailment in East Palestine, Ohio, are now approaching $1 billion, the company reported Thursday.
2023-07-28 02:15
American Eagle cuts annual revenue forecast on weak apparel demand
American Eagle cuts annual revenue forecast on weak apparel demand
(Reuters) -American Eagle Outfitters Inc cut its full-year revenue forecast on Wednesday, as apparel demand wavers due to still-high inflation,
2023-05-25 04:56
Bearish Yen Positioning by Asset Managers Cut by Most Since 2020
Bearish Yen Positioning by Asset Managers Cut by Most Since 2020
Asset managers trimmed bearish positions on the yen by the most in more than three years as inflation
2023-07-24 10:46
Republicans Push for More Military Spending in Debt Deal as They Decry Deficit
Republicans Push for More Military Spending in Debt Deal as They Decry Deficit
Republican lawmakers who oppose the debt-ceiling bill argue it doesn’t do enough to cut spending or reduce the
2023-06-01 09:45
Mexico's army-run airline to take off in September, but the flight attendants won't be soldiers
Mexico's army-run airline to take off in September, but the flight attendants won't be soldiers
Mexico has announced its army-run airline will start up in September, but flight attendants won’t be soldiers
2023-08-11 05:56
Spike in Treasury yields clouds Biden, Fed hopes for smooth return to normal
Spike in Treasury yields clouds Biden, Fed hopes for smooth return to normal
By Howard Schneider WASHINGTON Even as the U.S. economy bounds along, rising interest rates on government bonds could
2023-10-10 22:28
Korea Opens Registrations for Foreign Banks to Trade Onshore Won
Korea Opens Registrations for Foreign Banks to Trade Onshore Won
South Korea will begin accepting registrations from foreign investors to trade the won onshore, in a move to
2023-10-18 08:47