US finalizes rules to prevent China from benefiting from $52 billion in chips funding
By David Shepardson WASHINGTON The U.S. Commerce Department on Friday is issuing final rules to prevent semiconductor manufacturing
2023-09-22 17:26
Take Five: An inflationary dilemma
The moment investors have been waiting for seems to finally have arrived, as major central banks have indicated
2023-09-22 17:23
US Considers Twin Defense Treaties to Achieve Israel-Saudi Arabia Normalization
The White House is considering formal defense treaties with Saudi Arabia and Israel as part of its plan
2023-09-22 15:46
Markets mostly rise as traders try to look past expected rate hikes
Most stock markets rose Friday, reversing early losses and a sell-off on Wall Street, as traders contemplate further interest rate hikes by central...
2023-09-22 15:21
China relaxes capital controls to entice badly needed foreign investment
China is allowing foreigners in Shanghai and Beijing to move their money freely into and out of the country, in a significant move toward relaxing its strict capital controls as it tries to woo overseas investors.
2023-09-22 15:15
Stock market today: Asian shares mixed after interest rates-driven sell-off on Wall Street
Asian shares are mixed after another slump on Wall Street driven by expectations for U.S. interest rates to stay high well into next year
2023-09-22 14:26
South Korea Seeks Revived China-Japan Summit to Firm Up Ties
South Korea’s ambassador to Japan said “high-level” talks are underway for a three-nation summit with China poised to
2023-09-22 13:25
Hedge fund manager Bill Ackman sees U.S. long-term rates rising
Billionaire investor Bill Ackman said he believed 30-year interest rates would rise further, while his Pershing Square Capital
2023-09-22 13:21
Murdoch Retirement Divides Australia’s Political Leaders
Rupert Murdoch’s retirement from the top of Fox Corp. and News Corp. attracted a mixed response from political
2023-09-22 12:53
China Seeks to Facilitate Capital Flows to Woo Foreign Investors
China repeated rules to ensure free cross-border money transfers for foreign businesses in its two most important cities
2023-09-22 12:26
BOJ Stands Pat on Stimulus, Fueling Pressure on Weak Yen
The Bank of Japan left its monetary settings unchanged and offered no clear sign of a shift in
2023-09-22 12:16
Ukraine’s Zelenskiy Vows to Keep on Fighting in Autumn, Winter
Ukraine will continue its counteroffensive through the autumn and into the winter, President Volodymyr Zelenskiy said, vowing to
2023-09-22 10:57