Pictet Bets Markets Are Wrong on Fed Rate Cut Timing
One of Europe’s biggest asset managers is betting markets are wrong to expect the Federal Reserve to cut
2023-05-18 17:18
Senators Urge Biden to Appoint Independent Banking Investigator
Two senators on the Banking Committee say they have found flaws in regulators’ oversight reviews before some of
2023-05-18 17:16
The Era of Huge UK House Price Rises Is Ending, Economist Says
The age of huge UK property price increases may be coming to an end as population growth slows
2023-05-18 17:16
Panasonic plans two or more new battery factories in North America by 2030
TOKYO (Reuters) -Japan's Panasonic Holdings Corp aims to ramp up its production capacity for 4680 battery cells by 2030 by
2023-05-18 16:57
EDF Power Traders Lost ‘Shocking’ €480 Million as Energy Prices Surged
Electricite de France SA’s power trading business lost as much as €480 million ($519 million) during an unexpected
2023-05-18 16:50
Dollar firms on debt ceiling optimism, Aussie slips after jobs data
By Samuel Indyk and Rae Wee LONDON/SINGAPORE The U.S. dollar held near a seven-week peak on Thursday after
2023-05-18 16:29
Debt restructuring no panacea for Chinese developers as challenges loom
By Clare Jim and Xie Yu HONG KONG A shrinking land bank and sluggish property demand are likely
2023-05-18 16:25
China reopening, earnings rebound to boost North Asian equities -investors
By Anisha Sircar and Divya Chowdhury Equity markets in North Asia will outperform the broader region this year,
2023-05-18 16:24
Toyota, partners to start selling electric micro-vans by March 2024
TOKYO Toyota Motor Corp and two allied automakers unveiled a micro-sized electric van targeted at Japan's delivery industry
2023-05-18 15:53
Analysis-As China's yuan drops through 7 again, the dollar is in the driver's seat
By Winni Zhou and Rae Wee SHANGHAI/SINGAPORE China's heavily managed yuan has dropped to multi-month lows and breached
2023-05-18 15:46
China lifts ban on Australian timber imports in another sign of improving bilateral relations
China has opened its doors to Australian timber imports for the first time in more than two years, in another sign that the tattered bilateral relationship is being repaired
2023-05-18 15:21
Philippines Pauses Rate Hikes as Inflation, Growth Cools
The Philippine central bank halted its most aggressive monetary tightening in two decades, amid easing inflation and moderating
2023-05-18 15:15