China’s Economic Slump Continues to Batter Old Economy Steel and Coal Sectors
China’s slump is battering its commodities sector, with profits from coal mining to metals production continuing to decline
2023-08-28 11:16
Evergrande: Crisis-hit Chinese property giant reports $4.5bn loss
The heavily-indebted firm's shares are set to resume trading in Hong Kong from Monday.
2023-08-28 09:20
Fortescue’s Iron Ore CEO Resigns After Less Than Six Months
Fortescue Metals Group Ltd. said the company’s chief executive officer of its iron ore division, Fiona Hick, had
2023-08-28 08:55
German Inflation Trauma of 1923 Strikes an Uneasy Chord Today
By late-1923, hyperinflation had rendered Germany’s currency so worthless that one woman used several billion marks of banknotes
2023-08-27 13:48
China’s Travel Rebound Risks Super-Charging Jet Fuel Prices
After years of pent-up demand for leisure and business travel due to the ravages of Covid-19, millions of
2023-08-27 08:52
Fed's Mester sees another rate hike, says rate cuts may have to wait
By Ann Saphir and Howard Schneider JACKSON HOLE, WYOMING Beating inflation will probably require one more U.S. interest-rate
2023-08-27 00:24
No real fix to the sharp rise in public debt loads, economists say
By Ann Saphir Jackson Hole, Wyoming The steep jump in public debt loads over the past decade and
2023-08-26 23:23
Trump, Biden policies shifted trade from China at a cost, study shows
By Howard Schneider JACKSON HOLE, Wyoming U.S. trade has shifted away from China due to policies enacted by
2023-08-26 22:28
Indian Steel Tycoon Jindal Seeks Tariff on Imports
Indian steel tycoon Sajjan Jindal wants the government to counter American tariffs and Europe’s carbon tax with a
2023-08-26 14:28
The Sun Sets on Holiday Let Investors as UK Staycation Boom Ends
For the aspirational middle classes, it seemed a no brainer: buy property in one of Britain’s holiday hot-spots
2023-08-26 13:58
Hong Kong Turns to Tycoons to Get Party Scene Back on Track
Hong Kong is betting free alcohol and longer shopping hours will revive the city’s once-bustling nightlife. The government
2023-08-26 08:54
Analysis-Powell's 'higher for longer' mantra fans investor caution over economy
By Davide Barbuscia and David Randall NEW YORK Federal Reserve Chair Jerome Powell on Friday did little to
2023-08-26 03:17