Fed Chair Powell could signal the likelihood of high rates for longer in closely watched speech
When Federal Reserve Chair Jerome Powell delivers a high-profile speech Friday in Jackson Hole, Wyoming, many analysts think he could make one thing clear: That the Fed plans to keep its benchmark interest rate at a peak level for longer than had been expected
2023-08-25 12:25
Canada says will join as third party in US-Mexico dispute over GM corn imports
Canada said on Friday it will participate as a third party in the dispute settlement proceedings between the
2023-08-25 12:16
Vietnam joins Southeast Asian effort on cross-border payments
JAKARTA Vietnam's central bank signed an agreement on Friday to be part of an initiative by five other
2023-08-25 12:15
S&P downgrades Hawaiian Electric to 'B-' as wildfires raise market-access worries
(Reuters) -The S&P Global Ratings on Thursday downgraded Hawaiian Electric Industries and all of its rated subsidiaries to 'B-' from
2023-08-25 11:57
Crypto Exchange BitOasis Raises Funds From Investors Including India’s CoinDCX
Dubai-based crypto exchange BitOasis raised a round of funding from investors including Indian digital-asset platform CoinDCX. Terms of
2023-08-25 11:46
Saudi Arabia, UAE and Iran among six countries invited to join BRICS group
Oil powers Saudi Arabia and the United Arab Emirates have been invited to become members of the BRICS group of developing nations in its first expansion in over a decade.
2023-08-25 11:25
Stocks sink, dollar climbs as risk of hawkish Powell looms
By Kevin Buckland TOKYO Asian stocks sold off and the dollar scaled an 11-week peak against major peers
2023-08-25 11:23
Goldman Warns China Stress Can Spill Over to Asia, Cuts Targets
A spillover of China’s property market stress to the rest of Asia will slow the region’s earnings and
2023-08-25 10:57
Morgan Stanley Cuts China Stock Targets Again on Risks to Growth
Morgan Stanley lowered its price targets for major Chinese and Hong Kong stock indexes for the second time
2023-08-25 10:56
Asia Stocks Echo Wall Street Decline Before Powell: Markets Wrap
Asian stocks fell after a selloff on Wall Street while Treasury yields stabilized after further upward pressure as
2023-08-25 10:49
China is launching an 'unprecedented' crackdown on corruption in its health industry as economic woes pile up
China has launched a sweeping anti-corruption campaign targeting its hospitals, pharmaceutical industry and insurance funds as it grapples with mounting economic challenges and long-standing public frustration about high costs in the behemoth healthcare sector.
2023-08-25 10:47
Oil companies sue U.S. over Gulf auction changes meant to protect whale
An oil and gas industry trade group, the state of Louisiana and Chevron on Thursday sued the Biden
2023-08-25 10:46