The Fed likely won't raise rates this month — but November is another matter
Last week's economic data increasingly gave investors hope that the Federal Reserve could hold interest rates steady this month, following a hike in July that brought rates to their highest level in 22 years. But the Fed hasn't ruled out additional rate increases, and that could still happen unless inflation slows further.
2023-09-03 20:20
Bailey Faces a Grilling, and Summer’s Back: Sunday UK Briefing
Hi again. Here’s what we’re talking about heading into the new week. The big talker: Parliament’s back, and
2023-09-03 20:19
Saudi PIF to Create Steel Giant with $3.3 Billion Sabic Deal
Saudi Arabia’s sovereign wealth fund is set to create a new steel giant with the acquisition of the
2023-09-03 16:28
AI Fused With Trade Data May Finally Smooth Clunky Supply Chains
The dawn of artificial intelligence tools like ChatGPT may revolutionize the way both the public and private sector
2023-09-03 14:57
Hong Kong’s Stock Market Liquidity Task Force to Meet This Week
Hong Kong’s stock-market liquidity task force will hold its first meeting this week to study methods to expand
2023-09-03 14:25
Forget the Ulez Row and Get On Your Bikes, Says Brompton Boss
Will Butler-Adams doesn’t have much patience for cars, or public transport for that matter. Especially on a warm
2023-09-03 13:48
Foxconn Founder Quits Board After Launching Presidential Bid
Foxconn Technology Group’s billionaire founder Terry Gou resigned from his position on the company’s board as he ramps
2023-09-03 13:22
Swiss Luxury Watchmakers Face Profit Squeeze From Stronger Franc
Swiss luxury watchmakers who’ve weathered the rise of smartwatches, a pandemic and the highest inflation in decades say
2023-09-03 12:59
SK Secures Land for $15 Billion Canadian Green Hydrogen Project
The renewable energy unit of South Korea’s SK Inc. secured a site required to develop a $15 billion
2023-09-03 11:53
Taiwan billionaire Terry Gou resigns as Foxconn board member amid bid for presidency
Billionaire businessman Terry Gou has resigned from the board of directors of Foxconn, the world's largest electronics manufacturer, days after announcing his bid for Taiwan's presidency.
2023-09-03 10:18
Oil Industry Elite Hits Singapore to Debate Crude’s Next Twist
Oil’s having a rocky year, swung by jitters over China’s slowdown, OPEC+ supply cuts, and the fallout from
2023-09-03 09:45
Mukesh Ambani succession plan: The new generation taking over from Asia’s richest man
Mukesh Ambani, who heads India's biggest business empire, is preparing to hand over the reins to his children.
2023-09-03 07:48