Factbox-Wall Street banks expect Fed to hike rates in July
A few major U.S. banks expect the Federal Reserve to deliver another 25-basis-point rate hike in July after
2023-06-15 18:48
Two Crypto Platforms Halt Withdrawals in an Echo of the Sector’s 2022 Woes
Two crypto lenders with links to South Korea halted withdrawals in quick succession, a reminder of lingering risks
2023-06-15 17:50
China’s Weakening Economy Puts Focus on Stimulus After Rate Cut
China’s weakening economy prompted the central bank to cut interest rates for the first time since August, and
2023-06-15 16:21
Dollar gains after Fed hike hint; yen tumbles
By Samuel Indyk London The U.S. dollar strengthened on Thursday after the Federal Reserve left borrowing costs unchanged
2023-06-15 16:18
H&M Blames Weather for Flat Sales as It Lags Behind Zara
Hennes & Mauritz AB blamed poor weather for flat second-quarter revenue as the Swedish retailer keeps lagging competitor
2023-06-15 14:55
Bears retreat on Asian FX, but ringgit and yuan stuck in tight grip: Reuters poll
By Sameer Manekar Investors cut back short bets on emerging Asian currencies as most local central banks maintained
2023-06-15 14:29
Siemens to invest $2.2 billion to ramp up global production
By John Revill ZURICH (Reuters) -Siemens will spend 2 billion euros ($2.16 billion) on a new global investment plan, the
2023-06-15 14:19
Singapore Home Sales Climb to One-Year High Even After Curbs
Singapore’s home sales surged to the highest in a year, showing that the government’s latest cooling measures have
2023-06-15 13:56
US startup Carbon Rivers says graphene is the answer to toxic tyre chemical
By Nick Carey and Barbara Lewis Graphene added to tyres could replace the toxic chemical 6PPD, U.S. startup
2023-06-15 13:52
BOE’s Interest Rate Hikes Are Taking Longer to Curb UK Inflation
A shift in Britain’s mortgage market is delaying the impact of higher interest rates on the economy, increasing
2023-06-15 12:23
Workers Resisting the Office Grind Are Suddenly Lonely at Home
Three years after the pandemic closed down offices around the world, the remote-work revolution has morphed into a
2023-06-15 12:16
China’s Property Investment Slump Deepens With Home Demand Weak
Chinese real estate investment slumped further in May, showing both extended weakness in a key engine for economic
2023-06-15 11:52