China’s Top Rating Firm Downgrades US in Echo of Global Rivalry
While the world’s major credit-rating agencies have held off downgrading the US as Washington barrels toward the fiscal
2023-05-26 10:49
BOJ’s Ueda Says Wages Aren’t the Goal, Keeps Speculators in Dark
Bank of Japan Governor Kazuo Ueda indicated his desire to hold on to policy flexibility by playing down
2023-05-26 10:25
North Korea to Send More IT Workers Abroad to Fund Arms, US Says
North Korea is ramping up efforts to deploy information technology workers overseas as it increasingly relies on cyberattacks
2023-05-26 08:26
Debt Talk Progress, US Rally Support Asia Stocks: Markets Wrap
Asian stocks were likely to find some support from signs of progress in debt-ceiling talks and gains in
2023-05-26 07:57
Yen Weakens Past 140 Per Dollar as Traders See Another Fed Hike
The yen weakened beyond 140 per dollar for the first time since November as traders moved to price
2023-05-26 04:19
US Supreme Court Curbs Clean Water Act in Blow to EPA Power
The US Supreme Court put new limits on the Clean Water Act, slashing the power of federal regulators
2023-05-26 03:20
Extreme Debt-Ceiling Fears Abate Though Markets Still on High Alert
There has been a slight reduction in the fear premium being baked into Treasury bills that are most
2023-05-26 02:15
McCarthy Says Issues Remain in Debt Talks, All Won’t Be Happy
Speaker Kevin McCarthy said issues remain in negotiations with the Biden administration on raising the federal debt limit
2023-05-25 21:27
ECB’s Guindos Says Wages, Margins Pose Upside Inflation Risk
European Central Bank Vice President Luis de Guindos said upside dangers to inflation stem from rising wages and
2023-05-25 18:47
Bill Ackman Says Icahn ‘Somewhat’ Like Archegos as Stock Plunges Anew
Bill Ackman said Hindenburg Research has “outed” the way billionaire Carl Icahn runs his publicly traded company and
2023-05-25 18:28
Meituan’s Revenue Beats Estimates in China Spending Revival
Meituan’s revenue jumped a faster-than-anticipated 27% after a gradually stabilizing Chinese economy drove meal delivery and travel nationwide.
2023-05-25 17:51
Microsoft UK Veto Versus EU Nod Poses Questions, Vestager Says
The European Union’s decision to approve Microsoft Corp.’s $69 billion plan to buy Activision Blizzard Inc. while the
2023-05-25 16:28