Wall Street's 'fear gauge' is rising as US debt talks drag on
The United States government is inching closer to its so-called debt ceiling X-date, when the Treasury could run out of cash and extraordinary measures to pay all government obligations, and both political parties remain at odds with no concrete solution to avoid a default.
2023-05-16 20:29
Turkey's market rout deepens after Erdogan's strong election showing
By Libby George and Canan Sevgili LONDON (Reuters) -Turkey's market rout deepened on Tuesday amid investor expectations that President Tayyip
2023-05-16 20:23
Oil Demand to Rise More Than Expected on China, IEA Says
Global oil demand will climb more strongly than previously estimated this year as a post-pandemic rebound in China
2023-05-16 19:47
Asian hedge funds piled to China education, U.S. AI shares in Q1
By Summer Zhen HONG KONG Large Asian hedge funds added Chinese education companies to their portfolios in the
2023-05-16 18:47
Marketmind: Biden, Republicans set for debt ceiling face-off
A look at the day ahead in U.S. and global markets from Samuel Indyk. Another day, another meeting
2023-05-16 18:24
South Africa Unemployment Rate Rose for First Time in Over a Year
South Africa’s unemployment rate rose for the first time in more than a year and may continue climbing
2023-05-16 17:55
Investors Most Pessimistic So Far This Year, BofA Survey Shows
The mood among global fund managers soured further in May, with investors flocking to cash amid concerns that
2023-05-16 17:53
Swedish Real Estate Selloff Prompts Broker Upgrades to Buy
Analysts are upgrading Swedish real estate stocks after recent selloffs have made them too cheap to ignore and
2023-05-16 17:18
Microsoft-Activision Gets Sliver of Hope as EU Defies UK
Microsoft Corp.’s $69 billion takeover bid for games developer Activision Blizzard Inc. came back from the brink after
2023-05-16 16:58
Investors lift equity allocations to 5-month high - BofA survey
LONDON Investors lifted equity allocations to a 5-month high but cash levels also increased to 5.6%, even as
2023-05-16 16:53
UK Labor Market Softens Even as Wages Continue to March Higher
The UK labor market showed fresh signs of cooling in a boost for bets that interest rates are
2023-05-16 16:29
LandSec Marks Down Portfolio by £848 Million as Rates Bite
Land Securities Group Plc marked down the value of its UK real estate portfolio by £848 million ($1.1
2023-05-16 16:20