Won Breaches Key Support Levels as Sentiment Sours
The won was the worst affected Asian currency amid last week’s bond market turmoil and some analysts expect
2023-08-08 15:57
China's economy suffers new blow as exports drop 14% in July
China's exports suffered their biggest drop in more than three years in July as global demand slowed, adding further pressure on Beijing to find ways to reinvigorate the world's second largest economy.
2023-08-08 15:55
Citi’s Montagu Says US Stocks Can Rise as Positioning Risk Drops
The “orderly” pullback in US stocks last week has reduced the risk of a chaotic selloff and set
2023-08-08 15:47
Italy’s Windfall Profits Tax on Banks Spooks Markets
Italy’s right-wing government spooked markets with an unexpected tax on banks’ windfall profits, sending the country’s leading lenders
2023-08-08 15:45
Country Garden misses bond payments as China property fears flare
By Clare Jim HONG KONG (Reuters) -Country Garden said on Tuesday it has not paid two dollar bond coupons due
2023-08-08 15:23
SoftBank Vision Fund Swings to Profit on Global Tech Rebound
SoftBank Group Corp.’s Vision Fund eked out its first profit in more than a year, thanks to a
2023-08-08 14:56
Abrdn’s Assets Reach New Low as Clients Withdraw More Funds
Abrdn Plc saw its assets drop to a new low after clients pulled more money from its funds.
2023-08-08 14:54
LNG Japan Agrees $880 Million Deal to Join Giant Gas Project
LNG Japan Corp. agreed a deal worth as much as $880 million for a stake in a giant
2023-08-08 14:47
Siemens cooperating with Austrian authorities in corruption probe
ZURICH Siemens is cooperating with authorities in Austria on an investigation into allegations of a possible corruption scandal
2023-08-08 14:47
Glencore Mid-Year Profit Plunges 50% as Commodity Prices Retreat
Glencore Plc reported a steep drop in first-half profit and slashed returns to its shareholders after disappointing Chinese
2023-08-08 14:29
Europe’s Inflation-Risk Gauge Flashing Red Is a Headache for ECB
Market measures of inflation risk in Europe are testing record highs and posing a challenge to European Central
2023-08-08 14:23
Bayer Lowers Revenue Forecasts for Crops and Drugs Units
Bayer AG reduced its sales forecasts for its crop science and pharma divisions this year, accounting for the
2023-08-08 14:17