Pimco Doubts China Property Market Recovery Without More Funding
China’s beleaguered property sector needs a more comprehensive policy approach and a wider usage of different funding channels
2023-06-13 11:20
Dollar dips ahead of US inflation data, central bank meetings
By Rae Wee SINGAPORE The dollar edged broadly lower on Tuesday but traded in a narrow range, as
2023-06-13 09:45
Oil Holds Near Three-Month Low as Demand Concerns Reverberate
Oil held near the lowest level in almost three months on persistent concerns over the demand outlook in
2023-06-13 08:54
Yellen set to ask Congress to lend more money to developing countries to counter China
US Treasury Secretary Janet Yellen is set to ask Congress to lend more money to developing countries to counter China's growing influence, according to a copy of her prepared remarks viewed by CNN.
2023-06-13 05:50
AI Hype Starting to ‘Smell Like Dot-Com Era,’ ESG Veteran Says
The exuberance surrounding artificial intelligence has driven a lot of capital into a small corner of the market
2023-06-13 03:29
US budget deficit mushrooms in May as revenue falls, Medicare outlays jump
The U.S. budget deficit swelled in May from a year earlier as revenue tumbled and Medicare spending surged,
2023-06-13 02:22
Skip, pause or hike? Bond investors play it safe before Fed policy decision
By Gertrude Chavez-Dreyfuss NEW YORK Many bond investors are keeping a defensive stance in managing their portfolios ahead
2023-06-13 01:25
Here's how Italy's Silvio Berlusconi made his billions
Silvio Berlusconi, the billionaire former prime minister of Italy, died Monday, leaving behind a sprawling business empire.
2023-06-13 00:16
Billionaire Who Owned Much of London’s Chelsea Dies at 86
Charles Cadogan, the billionaire aristocrat behind one of London’s biggest real estate fortunes, has died. He was 86.
2023-06-12 23:22
UBS CEO says about 10% of Credit Suisse staff have left
By Noele Illien and John Revill ZURICH (Reuters) -UBS Chief Executive Sergio Ermotti said on Monday that around 10% of
2023-06-12 22:49
Exclusive-Pakistan's Russian crude shipment paid in Chinese currency - minister
By Ariba Shahid Pakistan paid for its first government-to-government import of Russian crude in Chinese currency, the South
2023-06-12 20:48
The AI boom is here. Is it too late to invest?
Wall Street has a lot to worry about -- recession and war in Europe, interest rate hikes, sticky inflation, and a softening US economy. But there's at least one sector of market euphoria keeping investors optimistic: artificial intelligence.
2023-06-12 19:52