Summers Sees Higher Fed Interest Rates, Increased US Taxes
Former Treasury Secretary Lawrence Summers sees US interest rates headed higher in the short-run and US taxes rising
2023-05-31 11:17
Moody’s Cuts Bangladesh Rating on Reserves, Market Distortions
Moody’s Investors Service lowered Bangladesh’s credit rating as the nation’s foreign-exchange reserves dwindle while unconventional policies such as
2023-05-31 10:57
Economists See India’s First Rate Cut in 2024 for Durable Growth
Economists see India’s central bank holding interest rates this year before cutting 25 basis points in the first
2023-05-31 10:52
Cathie Wood Says Software Stocks Are Next AI Bet After Nvidia
Cathie Wood said software providers will be the next to ride on the artificial intelligence frenzy driven by
2023-05-31 10:49
Oil Holds Deep Slump on Weak Demand Signals Ahead of OPEC+ Meet
Oil held its biggest decline in four weeks on signs of weaker demand and sufficient supply ahead of
2023-05-31 10:46
Veteran Trader Sees China Assets Hobbled for Three More Years
Global investors will avoid China assets for another three years as the nation keeps its interest rates low
2023-05-31 10:26
Chinese Stocks Extend Rout as Factory Gauge Contracts Again
A key gauge of Chinese stocks was again poised to enter a bear market after flirting with the
2023-05-31 10:21
Debt limit deal clears key hurdle ahead of final House vote
House Speaker Kevin McCarthy helped secure a debt limit deal -- now he has to secure its passage in the House, with little room for error and a looming threat to his speakership.
2023-05-31 10:21
Australia Monthly Inflation Jumps to 6.8%, Raising Rate Pressure
Australian inflation accelerated, snapping three months of easing, sending government bond yields higher as traders fretted about potentially
2023-05-31 10:19
JPMorgan China CEO Says Expansion Taking Longer Than Expected
JPMorgan Chase & Co.’s China head said its expansion in the country is taking longer than expected, as
2023-05-31 09:58
China’s Factory Slump Worsens in Sign of Weak Economic Recovery
China’s manufacturing activity contracted for a second straight month in May, providing more evidence the post-Covid recovery in
2023-05-31 09:56
Australia's central bank shuns PwC until tax leak scandal ends
By Lewis Jackson SYDNEY The Reserve Bank of Australia will not start any new contracts with PricewaterhouseCoopers (PwC)
2023-05-31 09:53