Marketmind: Markets shake off surprise US credit downgrade
A look at the day ahead in European and global markets from Brigid Riley Fitch delivered the markets a doozy
2023-08-02 12:55
Asian markets tumble after Fitch downgrades US debt
Asian markets fell broadly Wednesday after ratings agency Fitch downgraded its US debt credit rating from the highest level, citing "a steady deterioration in standards of governance."
2023-08-02 12:52
Venture of Ex-HKEX Boss Tops $1 Billion Valuation in New Round
The two-year-old company co-founded by Charles Li, the former boss of the Hong Kong stock exchange, was valued
2023-08-02 12:29
Japan Insurers Sink on Concerns Over Suspected Price Fixing
A price-fixing scandal at Japan’s biggest casualty insurers is escalating following a media report that the suspected collusion
2023-08-02 12:28
EU and Turkey Discuss Easing Trade Relations Amid Warmer Ties
The European Union and Turkey are discussing an update of their customs union as part of the country’s
2023-08-02 12:21
Rakuten Group developing services with OpenAI
TOKYO Japan's Rakuten Group is working with the company behind ChatGPT, OpenAI, to develop services using AI, CEO
2023-08-02 12:20
To Catch a Trader: How Banks Got Raided in Hunt for Tax Cheats
The police were staked out. The second hand swept 12. Allez — go! Two squads descended near the
2023-08-02 12:19
Oil Rises After Industry Report Points to Massive Inventory Draw
Oil resumed a rally after an industry estimate pointed to a huge drawdown in US inventories, adding to
2023-08-02 11:53
China’s Spy Agency Takes to WeChat in Espionage Crackdown
China’s powerful spy agency made a public call on social media for citizens to join its anti-espionage drive,
2023-08-02 11:50
BOJ’s Key Policy Architect Says YCC Shift Doesn’t Mean Exit
Deputy Governor Shinichi Uchida said that the Bank of Japan is far from an exit or raising its
2023-08-02 11:50
California Teachers’ Pension Keeps Shrinking Its Exposure to China
China fell out of the top 12 ranking of the California State Teachers’ Retirement System based on country
2023-08-02 11:48
Superconductor Breakthrough Buzz Spurs China, Korea Tech Rally
Claims about a breakthrough in superconductor technology that could revolutionize the power, transportation and chip industries have sparked
2023-08-02 11:28