China Cuts Down Payment, Mortgage Rates in Stimulus Drive
China allowed large cities to cut down payments for homebuyers and encouraged lenders to lower rates on existing
2023-09-01 01:49
UBS to cut 3,000 jobs after Credit Suisse takeover
The Swiss bank reports bumper profits following the rescue of its rival but staff face redundancies.
2023-08-31 17:15
Traders Are Bailing on the Euro as Talk of Stagflation Heats Up
Traders are abandoning the euro at pace as speculation grows the European Central Bank will struggle to tighten
2023-08-31 16:52
Country Garden Posts Record Loss, Warns of Possible Default
Country Garden Holdings Co. warned that it may default on its debt and raised concerns about staying in
2023-08-31 12:52
Turkey Economy Set for Post-Pandemic Low as Recession Risks Loom
Turkey’s economy probably slowed in the second quarter, with activity set to remain subdued for the rest of
2023-08-31 11:48
Japan Output Drops in July as Global Slowdown Reverberates
Japan’s industrial production fell more than expected in July as slowing economic activity in some overseas markets weighed
2023-08-31 09:46
Asia Stocks Set to Follow US Gains on Fed Outlook: Markets Wrap
Shares in Asia are poised to follow Wall Street gains after US economic reports pointed to slowing growth,
2023-08-31 07:25
Europe's Gabon-exposed stocks slide after military coup
By Danilo Masoni MILAN Shares in European oil producers, miners and other companies with large exposures to Gabon
2023-08-30 23:19
Austria Caps Home Rent Increases to Ease Inflation Pressure
Austria’s government will limit rent increases for most people who don’t own homes in response to calls for
2023-08-30 18:56
Analysis-Europe's weaker economy limits fallout of US bond rout
By Yoruk Bahceli A big selloff that pushed U.S. borrowing costs to 15-year highs left euro zone bonds
2023-08-30 13:28
Leading BOJ Hawk Hints at Chance of Policy Shift in Early 2024
One of the Bank of Japan’s leading advocates for unwinding monetary stimulus indicated the central bank might attain
2023-08-30 12:24
GLP Offers $7 Billion Portfolio for China Logistics to Pick From
GLP Pte has made about $7 billion worth of assets in China available for state-backed China Logistics Group
2023-08-30 11:24