Dollar on Back Foot as Fed Axes One of Bears’ Top Hurdles
Dollar weakness looks to have room to run after the Federal Reserve said further interest rate hikes would
2023-07-27 10:45
Macquarie Tumbles After Flagging Profit Hit on Weak Trading
Macquarie Group Ltd. said weak trading conditions in the first quarter will mean profit is “substantially down” from
2023-07-27 10:21
Hedges Against Risk of Yen Surge Hit Four-Month High Before BOJ
Traders are ramping up protection against a surge in the yen as speculation remains alive that the Bank
2023-07-27 09:59
ASK Plans to Raise Up to $122 Million for Private Debt
ASK Group plans to raise as much as 10 billion rupees ($122 million) for its debut private credit
2023-07-27 09:58
China’s Industrial Profits Keep Declining Amid Deflation Risks
China’s industrial profits dropped at a slower pace in June, though worsening factory-gate deflation and slowing consumer spending
2023-07-27 09:56
A Post-Fed Wall Street Buckles Up for High-Stakes Economic Data
Ever since the Federal Reserve kicked off its historic tightening campaign, Wall Street has clung to every word
2023-07-27 08:18
Private Credit Lures $71 Billion in Second Quarter, Preqin Says
Demand for private credit rebounded globally in the second quarter, with 34 new funds raising $71.2 billion, more
2023-07-27 07:58
Meta stock climbs after company posts 11% revenue growth
Meta's "year of efficiency" seems to be paying off. The Facebook-parent company on Wednesday reported revenue of $32 billion for its quarter ending in June, marking an 11% increase compared to the same period last year and beating Wall Street expectations.
2023-07-27 07:55
Asia Set for Calm Post-Fed Open; Wary Eyes on Yen: Markets Wrap
Asian equity futures were mixed after the Federal Reserve hiked interest rates to a 22-year high and indicated
2023-07-27 07:46
Pemex Chief Says Mexico to Refinance Its Debt to Avoid High Cost
Mexico will refinance Petroleos Mexicanos’s debt since it’s cheaper than if the state oil giant goes to the
2023-07-27 07:16
California, other states move to block 3M's $10.3 billion PFAS deal
By Clark Mindock A group of 22 states and U.S. territories on Wednesday moved to block a proposed
2023-07-27 06:48
Asian Hedge Funds Outperform With Bets on AI, Japanese and US Stocks
Several Asia-based hedge funds used bets tied to artificial intelligence, along with Japanese and US stocks, to beat
2023-07-27 06:25