China’s Jewelry Purchases Could Be a Weak Spot for Gold Demand
Chinese gold consumption is likely to be buttressed by financial investors and the central bank, although retail demand
2023-08-17 10:49
Fitch downgrades Ecuador's foreign currency rating deeper into junk
Global ratings agency Fitch downgraded Ecuador deeper into junk territory on Wednesday, citing financing risks arising from a
2023-08-17 07:25
Fed officials fretted US inflation might not cool further unless economy slows down
Federal Reserve officials weren't convinced that inflation will continue to slow without seeing the US economy and the tight labor market also cool, according to minutes from their July policy meeting released Wednesday.
2023-08-17 02:17
What are 'Big Short' Michael Burry and Warren Buffett seeing that we aren't?
The S&P 500 index is up nearly 17% year to date, and the Nasdaq composite is more than 30% higher. Americans keep spending money, unemployment is low, the Federal Reserve may soon pause its painful interest rate hikes as inflation rates steadily — albeit slowly — come down.
2023-08-16 21:21
US single-family housing starts surge in July
WASHINGTON U.S. single-family homebuilding surged in July amid an acute shortage of previously owned houses, but mortgage rates
2023-08-16 20:53
Canada July housing starts slip by 10%- CMHC
Canadian housing starts slipped by 10% in July compared with the previous month, which had produced the strongest
2023-08-16 20:51
China will strengthen policy coordination to meet growth target - state media
BEIJING China will strengthen the coordination of various policies to boost growth and meet this year's economic target,
2023-08-16 20:25
Target's sales fall for first time in six years
Target's quarterly sales fell for the first time in six years as consumers pulled back on home goods, clothing and other discretionary goods. Target has also been embroiled in the political culture wars over gender and sexual orientation.
2023-08-16 18:57
BHP, South32 May Face South Africa Class Action on Lung Disease
BHP Group Ltd., South32 Ltd. and a unit of Seriti Resources Holdings Ltd. may face a class action
2023-08-16 16:50
Boeing China appoints new president amid Sino-US tensions
BEIJING Boeing named Alvin Liu head of its China unit on Wednesday, picking a Chinese-born representative recently hired
2023-08-16 16:22
A Vietnamese electric carmaker is now worth more than Volkswagen and Ford
One of Vietnam's biggest automakers has made a big splash on its entry to Wall Street, pushing its market capitalization above that of industry giants such as Volkswagen and Ford.
2023-08-16 15:21
Carlsberg Profit Shows Drinkers Willing to Swill Pricier Beers
Carlsberg A/S reported better-than-expected half-year profit after consumers shelled out more money for premium beers even after unprecedented
2023-08-16 14:55