Goldman Warns China Stress Can Spill Over to Asia, Cuts Targets
A spillover of China’s property market stress to the rest of Asia will slow the region’s earnings and
2023-08-25 10:48
Asian investors resume selloff on rate fears as Powell speech looms
Asian markets sank Friday as a mini rally came to a juddering halt ahead of a keenly awaited speech by Federal Reserve boss Jerome Powell later in the day, with traders increasingly worried...
2023-08-25 10:48
China is launching an 'unprecedented' crackdown on corruption in its health industry as economic woes pile up
China has launched a sweeping anti-corruption campaign targeting its hospitals, pharmaceutical industry and insurance funds as it grapples with mounting economic challenges and long-standing public frustration about high costs in the behemoth healthcare sector.
2023-08-25 10:46
The US needs a stable Chinese economy. Will Biden's commerce secretary offer help?
US Commerce Secretary Gina Raimondo will travel to China next week, a visit that coincides with a worsening slowdown in the world's second largest economy.
2023-08-25 10:22
Oil Set for Second Weekly Drop on Improving Supply, China Woes
Oil headed for a second weekly loss on signs of improving supply and a deteriorating economic situation in
2023-08-25 10:21
Exclusive-China asks banks to limit some Connect bond outflows - sources
SHANGHAI/BEIJING China's central bank has asked some domestic banks to scale back their outward investments through the Bond
2023-08-25 10:20
Trump returns to X, the site formerly known as Twitter, shortly after surrendering in Georgia
Former President Donald Trump has returned to X, the social media site formerly known as Twitter
2023-08-25 10:16
Donald Trump Gets a Mug Shot in Georgia
Donald Trump’s mug shot was made public after he surrendered to an Atlanta jail on charges that he
2023-08-25 09:59
Fed Latest: Thailand Central Bank Wants Tighter Fiscal Stance
Thailand’s central bank wants the new government led by Srettha Thavisin to pursue fiscal consolidation in tandem with
2023-08-25 09:58
Possible US auto strike as unions flex muscle in 'Hot Labor Summer'
With the clock ticking down to a possible strike, Detroit carmakers are staring at tough contract negotiations with an emboldened auto workers union led...
2023-08-25 09:56
Central bankers head to Wyoming retreat seeking clarity on US interest rates
Central bankers and academics from around the world have descended upon the town of Jackson, Wyoming searching for clues on the US...
2023-08-25 09:50
Canada considers foreign student cap over housing crisis
The country is looking at ways tackle the housing affordability crisis, including capping student visas.
2023-08-25 09:45