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
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
RBI Draining Liquidity Signals Its Intent to Quash Inflation
The Reserve Bank of India intensified its operations to remove cash from the banking system, showing it wants
2023-06-06 18:25
UK Shoppers See More ‘Shrinkflation’ in Supermarket Aisles
British shoppers are becoming more aware of “shrinkflation,” as food producers cut packet sizes while charging the same
2023-06-06 17:54
Penn State Official to Lead R&D Arm of $52 Billion US Chips Push
The Biden administration is tapping an official from Pennsylvania State University to head its new semiconductor research and
2023-06-06 17:29
French Unions Hold New Strikes Against Macron Pension Reform
French unions are holding a fresh day of strikes against Emmanuel Macron’s pension reform in a test of
2023-06-06 17:17