Morgan Stanley Makes Sole Underweight Call on Battery Giant CATL
Morgan Stanley slashed its recommendation on Contemporary Amperex Technology Co. to underweight, expecting geopolitical tensions to hinder the
2023-06-07 10:51
SEC Seeks to Freeze Binance.US Assets and Protect Customer Funds
The Securities and Exchange Commission said it’s seeking to freeze Binance.US’s assets and protect customer funds, including through
2023-06-07 10:24
Australia’s Economy Cools as Aggressive Rate Hikes Take Toll
Australia’s economy slowed in the first three months of the year as the Reserve Bank’s aggressive policy tightening
2023-06-07 10:21
Pinduoduo Draws Short Sellers in China’s E-Commerce Price War
One of China’s most popular stock bets of the past year is unraveling fast, weighed by an intensifying
2023-06-07 10:18
Singapore Banks Are So Flush With Deposits That DBS Is Loaning MAS S$30 Billion
Singapore banks are flushed with deposits with few options to deploy them amid a tepid lending environment. The
2023-06-07 09:46
Asian Equities Rise With Positive Signs for China: Markets Wrap
Asian stocks rose Wednesday, with hopes for stimulus in China, a positive sign in geopolitics and hints of
2023-06-07 08:59
RBI May Pause Again With Markets Watching for Shift in Stance
The Reserve Bank of India is expected to pause for a second straight month as inflation eases and
2023-06-07 08:49
Japanese Airlines Near Jet Orders as Soon as Paris Air Show
Japan’s two biggest airlines are in advanced talks to buy aircraft from Airbus SE and Boeing Co., with
2023-06-07 06:17
Merck Sues US, Calling Move to Cut Drug Prices ‘Extortion’
Merck & Co. is suing the US over a law that will allow the government to negotiate prescription-drug
2023-06-07 01:46
Beijing Reports First Two Mpox Cases, Isolates Patients
China’s capital reported its first mpox infections and local health authorities have started an investigation to trace its
2023-06-07 00:56
SEC’s Coinbase Lawsuit Heralds Deepening US Crypto Crackdown
The Securities and Exchange Commission widened its sweeping crackdown on crypto by accusing Coinbase Global Inc. of running
2023-06-07 00:49
US Treasuries Blacklisted by German State as ESG Law Takes Hold
For an illustration of how wildly different the debate around ESG is in Europe and the US, look
2023-06-06 19:23