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
China Hedge Fund Loses Case Against Top Quant Who Joined Rival
Shanghai Ruitian Investment LLC, a top Chinese quantitative hedge fund founded by an ex-Citadel researcher, lost a high-profile
2023-05-26 07:50
New Zealand Cyclone Was Less Inflationary Than Feared, RBNZ Says
The cyclone that devastated large parts of New Zealand’s North Island in February has been less inflationary than
2023-05-26 07:45
Inside the Treasury Department team monitoring early economic warning signs as default threat looms
Nearly five months before the US was projected to hit the debt ceiling, a small team inside the Treasury Department began alerting top officials to early effects already being felt in the US financial system.
2023-05-26 06:46
Colombia May Rethink Exploration Ban as Oil, Gas Reserves Dwindle
Colombia is studying the need for more exploration contracts after a report showed oil and gas reserves dropping,
2023-05-26 06:21
Billionaire Buys Stake in Mexico’s Mega Oil Field from Talos
A unit of billionaire Carlos Slim’s Grupo Carso is purchasing a 49.9% minority stake in Talos Energy’s Mexico
2023-05-26 05:52
Think Nvidia’s Move Is Wild? Check Out the Leveraged ETP
The blistering rally of Nvidia Corp. following the chipmaker’s blowout revenue forecast is giving one exchange-traded product a
2023-05-26 05:22
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
Nikola Plunges as Nasdaq Says Sub-$1 Stock Price Risks Delisting
Nikola Corp. tumbled Thursday after Nasdaq Inc. notified the company that it isn’t in compliance with the minimum
2023-05-26 03:53
Office Real Estate Looks Dicey With REITs Plunging to a 2009 Low
Office real estate investments trusts are trading at their lowest level since 2009 as the trend toward remote
2023-05-26 02:51
Lula Cuts Car Taxes in Bid to Revive Brazil’s Ailing Auto Sector
President Luiz Inacio Lula da Silva rolled out a series of tax breaks to make low-priced vehicles more
2023-05-26 02:47
CIBC Tops Estimates as Rates Boost Lending Profit Margins
Canadian Imperial Bank of Commerce reported an increase in its profit margin from loans in the fiscal second
2023-05-26 02:45