Italy Readies Restrictions on Pirelli’s Chinese Investor
Italy is preparing restrictions on Pirelli SpA’s top shareholder, China’s Sinochem, including limits to its say over company
2023-06-07 21:17
Trafigura Traders Share $3 Billion Payout on Record Profit
Trafigura Group paid $3 billion to its top traders and executives as the commodity trading giant notched up
2023-06-07 19:58
ECB’s Knot Says More Hikes May Be Needed If Inflation Stays High
European Central Bank Governing Council member Klaas Knot warned that prolonged inflation may prompt further increases in borrowing
2023-06-07 17:51
China Big Four State Banks Said to Cut Dollar Deposit Rates
China’s four big state lenders have effectively cut dollar deposit rates, according to people familiar with the matter,
2023-06-07 17:50
Turkish Lira Plunges as State Banks Retreat From Defense
The Turkish lira plunged the most in more than a year to a new record on Wednesday as
2023-06-07 16:46
Swedes Warm Up to Euro as Krona Approaches All-Time-Lows
The Swedish population has become less hostile to the idea of adopting the euro as the krona is
2023-06-07 14:56
ECB Has ‘More Ground to Cover’ on Rates, Schnabel Tells De Tijd
The European Central Bank hasn’t finished increasing borrowing costs as core inflation proves stubborn, Executive Board member Isabel
2023-06-07 14:52
Bids for Indonesia’s Bonds Soar to Two-Year High With Peak Rates
Bids for Indonesia’s sovereign bonds at an auction soared the highest in almost two years, with supply getting
2023-06-07 11:28
Slowdown Threatens Indian Economy Even as Its Rich Keep Spending
India’s booming economy is the envy of other major markets. But beyond the hype and expectation, people who
2023-06-07 11:28
Australia’s Economy Cools as Aggressive Rate Hikes Take Toll
Australia’s economy slowed in the first three months of the year as the Reserve Bank’s aggressive policy tightening
2023-06-07 10:29
Pinduoduo Draws Short Sellers in China’s E-Commerce Price War
One of China’s most popular stock bets of the past year is unraveling fast, weighed by an intensifying
2023-06-07 10:26
These Are the World’s 20 Most Expensive Cities for Expats in 2023
New York has leapfrogged Hong Kong as the world’s most expensive city to live in as an expat,
2023-06-07 09:47