Hong Kong June retail sales up 19.6%; outlook seen favourable
HONG KONG Hong Kong's June retail sales rose 19.6% from a year earlier in the seventh consecutive month
2023-08-01 17:49
US, Europe Growing Alarmed by China’s Rush Into Legacy Chips
US and European officials are growing increasingly concerned about China’s accelerated push into the production of older-generation semiconductors
2023-08-01 17:45
Wall Street Economists Are Looking at a September Rate Pause
Federal Reserve Chair Jerome Powell has left the door open to another interest-rate hike, but Wall Street economists
2023-08-01 17:29
European Stocks Drop; UK Outperforms on HSBC and BP Earnings
European stocks dropped on Tuesday as earnings season rolled on. UK shares outperformed, helped by gains in BP
2023-08-01 16:55
Plunging sales of new homes show China's real estate crisis isn't over
Plunging sales of new homes and the reported cancellation of a share placement by China's biggest property developer on Tuesday underscored the depth of the country's real estate crisis.
2023-08-01 16:17
A New Big Bull on Wall Street Sees S&P 500 at Record by Year-End
The S&P 500 received its most bullish outlook yet from Oppenheimer Asset Management, which sees further upside for
2023-08-01 15:45
Saudi Arabia Borrowing Rate Hits Record High, Hitting Businesses
A key gauge of borrowing costs in Saudi Arabia has risen to a record, potentially hitting businesses and
2023-08-01 15:22
BP Returns More Cash to Shareholders Despite Profit Miss
BP Plc raised its dividend by 10% and said it would buy back another $1.5 billion of shares,
2023-08-01 14:57
HSBC raises outlook as profits nearly double
HSBC's profits have soared as it continues to cut costs and cash in on high interest rates around the world.
2023-08-01 14:28
UK house prices drop by most since 2009: Nationwide
LONDON (Reuters) -British house prices fell by 3.8% in annual terms in July, the largest drop since July 2009, mortgage
2023-08-01 14:25
Central Banks’ Gold Demand Falls Again on Turkey’s Massive Sales
Central banks’ gold demand fell for a third straight quarter as massive sales by Turkey outshone buying elsewhere.
2023-08-01 14:21
Covestro Sees Earnings in Lower Half Amid Takeover Talks
Covestro AG said full-year profit is expected to come in at the lower half of its guidance range
2023-08-01 14:18