Summers Sees Higher Fed Interest Rates, Increased US Taxes
Former Treasury Secretary Lawrence Summers sees US interest rates headed higher in the short-run and US taxes rising
2023-05-31 11:15
Cathie Wood Says Software Stocks Are Next AI Bet After Nvidia
Cathie Wood said software providers will be the next to ride on the artificial intelligence frenzy driven by
2023-05-31 10:49
Economists See India’s First Rate Cut in 2024 for Durable Growth
Economists see India’s central bank holding interest rates this year before cutting 25 basis points in the first
2023-05-31 10:49
Moody’s Cuts Bangladesh Rating on Reserves, Market Distortions
Moody’s Investors Service lowered Bangladesh’s credit rating as the nation’s foreign-exchange reserves dwindle while unconventional policies such as
2023-05-31 10:47
Oil Holds Deep Slump on Weak Demand Signals Ahead of OPEC+ Meet
Oil held its biggest decline in four weeks on signs of weaker demand and sufficient supply ahead of
2023-05-31 10:45
Chinese Stocks Extend Rout as Factory Gauge Contracts Again
A key gauge of Chinese stocks was again poised to enter a bear market after flirting with the
2023-05-31 10:29
Debt limit deal clears key hurdle ahead of final House vote
House Speaker Kevin McCarthy helped secure a debt limit deal -- now he has to secure its passage in the House, with little room for error and a looming threat to his speakership.
2023-05-31 10:23
China Leads the World in Preparing for Extreme Weather Threats to Power Supplies
It’s not even June, and China is fielding sweltering temperatures in Shanghai, and peak power demand from Guangdong
2023-05-31 10:22
Veteran Trader Sees China Assets Hobbled for Three More Years
Global investors will avoid China assets for another three years as the nation keeps its interest rates low
2023-05-31 10:20
Australia Monthly Inflation Jumps to 6.8%, Raising Rate Pressure
Australian inflation accelerated, snapping three months of easing, sending government bond yields higher as traders fretted about potentially
2023-05-31 10:18
Australia's central bank shuns PwC until tax leak scandal ends
By Lewis Jackson SYDNEY The Reserve Bank of Australia will not start any new contracts with PricewaterhouseCoopers (PwC)
2023-05-31 09:56
Australia inflation picks up to 6.8% in April, above forecasts
SYDNEY Australian consumer prices rose by more than expected in April, driven by a jump in automotive fuel,
2023-05-31 09:55