Asset Managers Pledging Climate Action Drop Ball When Investing
Despite commitments to sustainability, BlackRock Inc., Vanguard Group Inc. and Goldman Sachs Group Inc. are among the asset
2023-08-01 21:26
US, Europe Growing Alarmed by China’s Rush Into Legacy Chips
US and European officials are growing increasingly concerned about China’s accelerated push into the production of older-generation semiconductors
2023-08-01 17:57
Wall Street Economists Are Looking at a September Rate Pause
Federal Reserve Chair Jerome Powell has left the door open to another interest-rate hike, but Wall Street economists
2023-08-01 17:21
Europe Gas Prices Extend Gains as Risks Outweigh Rising Storage
European natural gas prices rose for a second session as supply risks and uncertainty about the upcoming winter
2023-08-01 15:53
Saudi Arabia Borrowing Rate Hits Record High, Hitting Businesses
A key gauge of borrowing costs in Saudi Arabia has risen to a record, potentially hitting businesses and
2023-08-01 15:18
Covestro Sees Earnings in Lower Half Amid Takeover Talks
Covestro AG said full-year profit is expected to come in at the lower half of its guidance range
2023-08-01 14:22
HSBC raises outlook as profits nearly double
HSBC's profits have soared as it continues to cut costs and cash in on high interest rates around the world.
2023-08-01 14:21
Huge Chinese State Iron Ore Buyer Still an Unknown Quantity
A year after China set up a company that’s expected to become the world’s biggest iron ore buyer,
2023-08-01 13:50
Toyota Profit Tops Estimates, Sticks to Full-Year Forecasts
Toyota Motor Corp.’s quarterly profit exceeded estimates after supply chain improvements and a cheap yen helped the carmaker
2023-08-01 12:46
HSBC Announces Fresh Buyback as Higher Rates Propel Profits
HSBC Holdings Plc announced a new buyback program as higher interest rates stoke the bank’s profits. The London-based
2023-08-01 12:24
Traders Hold Most Japan Bond Futures in 23 Years on BOJ Bets
Traders have boosted their Japanese bond futures holdings to the most in more than 23 years, an indication
2023-08-01 12:22
Global Pile of Negative-Yield Debt Driven Toward Zero by BOJ
The world’s stockpile of negative-yielding debt looks to be grinding toward extinction as the Bank of Japan eases
2023-08-01 10:51