Chip Heavyweight Hynix’s Revenue Beats as AI Lifts Memory Demand
SK Hynix Inc. reported better-than-expected revenue, declaring the memory chip market is recovering because of surging interest in
2023-07-26 10:18
Asian Equities Trade Mixed Ahead of Fed Meeting: Markets Wrap
Stocks in Asia traded mixed at the open on Wednesday as investors await the Federal Reserve’s rate decision.
2023-07-26 08:56
European Stocks on Longest Winning Streak Since Jan; Miners Jump
European shares rose for a sixth straight day, the longest streak since January, as miners rallied on China
2023-07-25 23:45
Indonesia Holds Key Rate, Unveils Perks to Boost Lending
Bank Indonesia kept its key rate steady at a four-year high to shield the rupiah ahead of an
2023-07-25 16:55
US Security Officials Reviewing Mubadala Fortress Deal, FT Says
The Committee on Foreign Investment in the US is reviewing Mubadala Investment Co.’s planned takeover of Fortress Investment
2023-07-25 15:57
China’s ‘Dovish’ Politburo Signals Rate Cuts, Property Easing
China will likely keep cutting interest rates, speed up the issuance of infrastructure bonds and loosen more property
2023-07-25 13:45
UBS to Pay $387 Million in Credit Suisse-Tied Archegos Fines
UBS Group AG will pay a total of about $387 million in fines related to misconduct by Credit
2023-07-25 13:28
China’s Markets Throw Off Gloom for Now as Xi Offers Lifeline
For the day at least, the optimists are driving China’s markets on bets Beijing is finally adopting a
2023-07-25 12:55
China Envoys Will Be First Visitors to North Korea Since Covid
Envoys from China are set to become the first foreign delegation to North Korea since the pandemic started,
2023-07-25 11:58
FDIC Warns Banks Over Errors in Reporting Uninsured Deposits
The Federal Deposit Insurance Corp. said some US banks incorrectly reported the amount of their uninsured deposits after
2023-07-25 10:55
Florida’s New Slavery Curriculum Sparks DeSantis Rebuke From 2024 Rival Hurd
Will Hurd said Florida Governor Ron DeSantis, his rival for the Republican presidential nomination, should take responsibility for
2023-07-25 06:49
Bank of Canada Seen Holding at 5% as Economy Avoids Hard Landing
Economists now see a soft landing for the Canadian economy, with no recession this year despite interest rates
2023-07-24 22:22