Citi Strategists Lift US Stocks on AI Appeal, Resilient Growth
Citigroup Inc. strategists raised US stocks to neutral and tech shares to overweight on the expected boost from
2023-05-26 16:47
Turkey’s Runoff Election Has Investors Bracing for More Pain
Financial markets are signaling that more pain is to come in Turkey’s financial markets, as long-time leader President
2023-05-26 16:27
Yen at 140 Opens Door to More Weakness But Not Intervention This Time
The yen is close to hitting a bottom against the dollar, and is unlikely to weaken to levels
2023-05-26 16:24
Swiss Minister Calls Credit Suisse Managers ‘Arsonists’
Switzerland’s Finance Minister Karin Keller-Sutter denied government responsibility for the near-collapse of Credit Suisse Group AG in March,
2023-05-26 16:22
Betting on the Farm to Boost Investment Returns
Investing in farmland has historically offered an attractive and stable source of returns, yet it’s not an easy
2023-05-26 16:22
British Airways Cancels Flights for Second Day After IT Outage
British Airways was forced to cancel more of its short-haul flights from Heathrow on Friday following a computer
2023-05-26 16:21
Take Five: Push and pull
Key jobs figures in the United States, Chinese business activity data and European inflation readings are giving more
2023-05-26 15:57
Market Optimism Over Debt Deal May Pave Way for Monday Selloff
Markets are largely in the green Friday but strategists warn there’s still a prospect US debt-ceiling negotiations break
2023-05-26 15:53
Morgan Stanley Asia Job Cuts Include Key China Bankers, Six MDs
Morgan Stanley is letting go of at least six managing directors, including some key China bankers, as part
2023-05-26 15:26
China Reopening Drives Demand for Industrial Land in Thailand
WHA Corp., Thailand’s largest industrial estate developer, expects a pickup in return of Chinese investors following the reopening
2023-05-26 15:24
UK’s Hunt Comfortable With Recession to Bring Down Inflation
UK Chancellor of the Exchequer Jeremy Hunt says he’s in favor of higher interest rates to tackle inflation,
2023-05-26 15:18
EV Battery Leader CATL Joins BYD, Tesla to Tap Solar’s Boom
Contemporary Amperex Technology Co. Ltd., the world’s biggest electric vehicle battery producer, is joining Tesla Inc. and BYD
2023-05-26 15:17