Sky-High Hedge Costs Push Big Japan Insurers to Riskier Avenues
Japan’s biggest life insurers have ramped up their use of longer-dated currency hedges to a record to escape
2023-05-31 14:59
India Seeks More Disclosures from Foreign Funds After Adani Saga
India’s capital markets regulator proposes to seek more disclosures from foreign funds with large holdings in local stocks
2023-05-31 14:53
Baidu Creates $140 Million Fund to Back ChatGPT-Like Startups
Baidu Inc. has set aside 1 billion yuan ($140 million) to fund Chinese startups that explore generative AI,
2023-05-31 14:15
Indonesia Considers Limits on LNG Exports in New Trade Curbs
Indonesia will consider new limits on exports of liquefied natural gas, a potential extension of trade curbs that’ve
2023-05-31 12:19
North Korea Says Satellite Launch Failed, Will Try Again Soon
North Korea confirmed that its effort to launch a military spy satellite into orbit failed, and said it
2023-05-31 11:20
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 10:25
China Leads the World in Preparing for Extreme Weather Threats to Power Supplies
It’s not even June, and China is fielding sweltering temperatures in Shanghai, and peak power demand from Guangdong
2023-05-31 10:16
Biden-McCarthy Debt Limit Deal Puts Government Services on a Diet
The debt-limit deal would rein in spending on some federal government services but barely dents the roughly $20
2023-05-31 09:51
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 09:45
South Korea Is Wagering Its Stock Market Fortunes on MSCI’s ‘Developed’ Status
For years, South Korea has been home to more global conglomerates than Hong Kong, boasted a higher purchasing
2023-05-31 07:22
Asian Shares Set to Fall as Congress Mulls Accord: Markets Wrap
Asian stocks are poised to slide Wednesday after momentum in US equities faded and Congress considered the debt
2023-05-31 06:48
FDIC to Release Report on Bank System Health Spanning SVB, Signature Failures
The Federal Deposit Insurance Corp. on Wednesday will publish a comprehensive report on the health of the banking
2023-05-31 05:54