Adani to Buy Sanghi in First Big Deal Post-Hindenburg
Indian billionaire Gautam Adani’s Ambuja Cements Ltd. will buy a majority stake in Sanghi Industries Ltd. as the
2023-08-02 13:15
US Ratings Downgrade Casts Spotlight on AAA Ones Standing
The fallout from Fitch Ratings’ downgrade of the US puts the focus on the countries still holding onto
2023-08-02 12:57
Marketmind: Markets shake off surprise US credit downgrade
A look at the day ahead in European and global markets from Brigid Riley Fitch delivered the markets a doozy
2023-08-02 12:55
Asian markets tumble after Fitch downgrades US debt
Asian markets fell broadly Wednesday after ratings agency Fitch downgraded its US debt credit rating from the highest level, citing "a steady deterioration in standards of governance."
2023-08-02 12:52
Oil prices rise 1% as US inventory data show robust demand
By Arathy Somasekhar and Trixie Yap SINGAPORE (Reuters) -Oil prices surged by almost 1% on Wednesday, trading near their highest
2023-08-02 12:20
To Catch a Trader: How Banks Got Raided in Hunt for Tax Cheats
The police were staked out. The second hand swept 12. Allez — go! Two squads descended near the
2023-08-02 12:19
BOJ’s Key Policy Architect Says YCC Shift Doesn’t Mean Exit
Deputy Governor Shinichi Uchida said that the Bank of Japan is far from an exit or raising its
2023-08-02 11:50
Summers, El-Erian Pile Criticism on Fitch US-Downgrade Decision
Prominent economists Larry Summers and Mohamed El-Erian joined a cohort of their peers in criticizing Fitch Ratings’ decision
2023-08-02 11:27
Analysts Say US Dollar’s Drop on Fitch Downgrade Unlikely to Persist
Investors will continue to scoop up Treasuries despite Fitch Ratings’ move to cut the US’ credit rating although
2023-08-02 10:58
China Moves to Roll Out Pro-Growth Policies as Economy Struggles
China is turning its focus to rolling out various policy promises to help spur the economy’s recovery as
2023-08-02 10:50
Treasuries Edge Up as Haven as Fitch Downgrade Spurs Volatility
US Treasuries drifted higher after Fitch Ratings stripped the US of its top-tier sovereign rating, spurring modest demand
2023-08-02 10:46
US-EU Steel Talks Inch Ahead as Time for a Deal Runs Short
The US and European Union are unlikely to finalize a legally binding agreement to govern trade in steel
2023-08-02 10:25