Didi Sells Smart Car Arm to China’s Xpeng for $744 Million
Didi Global Inc. has agreed to sell its smart car development arm to Xpeng Inc. for HK$5.84 billion
2023-08-28 09:25
Asia Stocks Look Set for Small Gains; Yen Weakens: Markets Wrap
Asian stocks appeared poised to follow US equities with modest gains Monday after Jerome Powell said the Federal
2023-08-28 09:17
Offshore Yuan Seen Tumbling to New Low Against Dollar in China Selloff
Global investors have little confidence that China will succeed in shoring up its financial markets, predicting that mounting
2023-08-28 08:50
Legacy bill: Ireland should consider UK legal action, says Sinn Féin
Sinn Féin's Michelle O'Neill calls on the UK government to withdraw its controversial legacy bill.
2023-08-28 05:51
At Jackson Hole, Post-Inflation Challenges Vex Central Bankers
The world’s top central bankers stressed the need to keep interest rates high until inflation is contained —
2023-08-28 04:49
Markets Brace for Swings After High-Rates Mantra of Jackson Hole
Traders are girding for a volatile start to the week after US and European policymakers signaled interest rates
2023-08-28 04:47
Sanders Urges Automakers to Reach ‘Fair’ Contract With UAW
The three biggest US carmakers should sit down with the United Auto Workers union and “negotiate a contract
2023-08-28 01:24
US Energy Exports on Agenda for G-7 Meeting, McCarthy Says
House Speaker Kevin McCarthy said he plans to promote US natural gas exports at a meeting with his
2023-08-28 00:52
US Marines Taken From Darwin Military Helicopter Crash: Reports
Survivors of a military helicopter crash in Australia have been transferred to hospital following an incident involving US
2023-08-27 15:24
This country is finally reopening after Covid. But it still requires a one-week quarantine
North Korea has announced it will allow its citizens living abroad to return home in an easing of its coronavirus-era border controls. But it will still require them to do a one-week quarantine.
2023-08-27 12:54
Powell Has Bond Traders Right Where He Wants Them: Full of Doubt
Jerome Powell has the bond market exactly where he wants it: lacking conviction as to the Federal Reserve’s
2023-08-27 04:48
BOE’s Broadbent Warns UK Rates Need to Remain High for Some Time
The Bank of England will have to keep interest rates high for longer because inflation will not fade
2023-08-27 03:22