China cuts 1-year lending benchmark but keeps 5-year unchanged
SHANGHAI China cut its one-year benchmark lending rate on Monday, as expected, as authorities seek to ramp up
2023-08-21 10:16
China cuts key interest rate in bid to revive economic growth
China has cut one of its main benchmark lending rates for the second time this year, in a bid to revive economic growth in the world's second largest economy.
2023-08-21 09:58
China’s Low Births, Weaker Growth Cut Infant Formula Demand, Says A2
China’s falling birth rate and sluggish economic recovery are expected to cause a double-digit decline in the country’s
2023-08-21 09:54
Beset by domestic economic woes, China's Xi visits South Africa in just his second trip abroad this year
Chinese leader Xi Jinping heads to South Africa Monday on a trip intended to bolster Beijing's influence among developing and emerging nations, as ties with the United States remain deeply strained and economic troubles bubble up at home.
2023-08-21 09:50
US Insurance Giant Marsh Set for $448 Million Honan Deal
Marsh has agreed to acquire Honan Insurance Group Pty Ltd. as the US insurance broker giant seeks to
2023-08-21 09:28
Asia braces for disappointment on China rate cuts
By Wayne Cole SYDNEY Asian markets held their breath on Monday as investors waited to see how serious
2023-08-21 09:24
BOJ’s Record-Bond Buying Is Driving Need for Yield-Curve Tweaks
The Bank of Japan is purchasing government bonds at a record pace this year, a factor that likely
2023-08-21 09:20
Ambani’s $20 Billion Financial Unit Set to Debut in Mumbai
Shares of Jio Financial Services Ltd., a unit of Reliance Industries Ltd., are set to debut in Mumbai
2023-08-21 08:57
South Korea’s Early Trade Data Indicate Export Gloom Continues
South Korea’s early exports kept declining in August in the latest sign of lackluster global trade. Daily shipments
2023-08-21 08:52
Oil Steady After Weekly Loss on Concern Over Chinese, US Demand
Oil was steady after its first weekly loss since June, with macroenomic concerns outweighing signs of a tight
2023-08-21 08:51
Fed Can’t Celebrate Yet as Investors Expect Rates, Inflation to Remain Elevated
If they’d been offered today’s economy a year ago – with inflation downgraded from emergency to mere headache,
2023-08-21 08:25
Meta to launch web version of Threads App early next week - WSJ
Meta Platforms plans to launch a web version of its microblogging app Threads early next week, the Wall
2023-08-21 08:23