Surprise China Rate Cut Only Highlights Tough Choices Facing Xi
President Xi Jinping has resisted pulling the trigger on a major stimulus to revive the world’s second-biggest economy.
2023-08-15 19:18
The Fed’s Interest-Rate Debate Is Shifting
As Federal Reserve officials close in on the end of their tightening campaign, the debate is shifting from
2023-08-15 17:28
Federer-Backed Shoemaker On Says Strong Franc Weighs on Sales Growth
Swiss shoemaker On Holding AG said the strength of the franc will dampen its ability to fully capitalize
2023-08-15 17:22
Oil’s Push Toward $90 Lifted From Physical Markets All Over
As headline oil prices edge ever closer to $90 a barrel, there’s little sign of a let up
2023-08-15 16:24
European Stocks Decline as China Concerns Build; UK Stocks Lag
European equities slipped amid light trading, as China’s central bank decision to unexpectedly cut a key interest rate
2023-08-15 16:17
Yen Weakens Toward Level That Prompted September Intervention
Japan’s currency dropped toward a level that triggered the first yen-buying intervention since 1998 in September, prompting a
2023-08-15 14:28
China Halts Youth Jobs Data, Stoking Transparency Concerns
China suspended publishing data on its soaring youth unemployment rate to iron out complexities in the numbers, fanning
2023-08-15 14:25
China's Gold Prices Rising Higher Than Rest of World Due to Import Curbs
China’s gold price is rising against levels in London, a trend that local traders say is due to
2023-08-15 09:52
Maybank Reaches Half of $17.3 Billion Green Loans Goal
Malaysia’s biggest lender Malayan Banking Bhd. is halfway toward meeting its target of putting 80 billion ringgit ($17.3
2023-08-15 09:46
China’s $138 Billion Shadow Bank Spirals at Terrible Time for Xi
Founded in 1995 as a lumber business, Zhongzhi Enterprise Group Co. grew to become a financial conglomerate with
2023-08-15 09:22
PBOC Adviser Says China Urgently Needs to Boost Consumption
An adviser to China’s central bank says the top priority of policymakers needs to be stimulating household consumption,
2023-08-15 09:21
PBOC’s Yuan Fix Is Losing Its Bite as Bearish Sentiment Mounts
China’s yuan is plumbing fresh lows for the year with the central bank’s favorite tool for guiding the
2023-08-15 08:54