Market Optimism Over Debt Deal May Pave Way for Monday Selloff
Markets are largely in the green Friday but strategists warn there’s still a prospect US debt-ceiling negotiations break
2023-05-26 15:56
Morgan Stanley Asia Job Cuts Include Key China Bankers, Six MDs
Morgan Stanley is letting go of at least six managing directors, including some key China bankers, as part
2023-05-26 15:25
EV Battery Leader CATL Joins BYD, Tesla to Tap Solar’s Boom
Contemporary Amperex Technology Co. Ltd., the world’s biggest electric vehicle battery producer, is joining Tesla Inc. and BYD
2023-05-26 15:22
Sanctioned China stocks win sudden boost from patriotic buyers
By Samuel Shen and Tom Westbrook SHANGHAI/SINGAPORE The trademark Chinese patriotism is back at play in markets. As
2023-05-26 14:48
Billionaires’ M&A Fight Ends With Revival of Solar Export Dream
Billionaire Mike Cannon-Brookes will revive a stalled plan to export solar power from Australia to Singapore after sealing
2023-05-26 14:15
Deaths From Heatstroke Rise in Japan, Prompting Countermeasures
Climate change is killing the elderly in Japan and the government wants to stop it. An average of
2023-05-26 14:15
Economists Trim China Growth Forecasts, Expect Reserve Requirement Ratio Cut Sooner
China’s central bank will likely cut the reserve requirement ratio for major banks earlier than expected as the
2023-05-26 13:54
MUFG’s $4 Billion Bond Deal Is Japan’s Biggest This Year
Mitsubishi UFJ Financial Group Inc. raised 570 billion yen ($4 billion) worth of debt in what is Japan’s
2023-05-26 12:53
Australia Retail Sales Flat as Higher Rates Drag on Spending
Australian retail sales were flat in April, ending a three-month streak of gains, suggesting consumers are reining in
2023-05-26 10:53
China’s Top Rating Firm Downgrades US in Echo of Global Rivalry
While the world’s major credit-rating agencies have held off downgrading the US as Washington barrels toward the fiscal
2023-05-26 10:49
Hyundai Motor, LG Plan $4.3 Billion EV Battery Plant in US
South Korea’s Hyundai Motor Group and LG Energy Solution Ltd. will invest 5.7 trillion won ($4.3 billion) to
2023-05-26 10:29
BOJ’s Ueda Says Wages Aren’t the Goal, Keeps Speculators in Dark
Bank of Japan Governor Kazuo Ueda indicated his desire to hold on to policy flexibility by playing down
2023-05-26 10:25