At Jackson Hole, Post-Inflation Challenges Vex Central Bankers
The world’s top central bankers stressed the need to keep interest rates high until inflation is contained —
2023-08-28 04:52
Israel Government to Probe Police Use of NSO Group Spyware
Israel’s government established a commission to investigate whether police misused spyware in an inquiry that the attorney general
2023-08-28 00:24
Markets Brace for Swings After High-Rates Mantra of Jackson Hole
Traders are girding for a volatile start to the week after US and European policymakers signaled interest rates
2023-08-27 22:59
Discounts Make a Comeback as Shoppers Get Picky About Spending
US shoppers are getting increasingly hesitant about shelling out for shoes, appliances and other nonessentials. That has more
2023-08-27 22:52
Egypt Stocks Hit Record High as Investors Seek Inflation Offset
Egypt’s benchmark stock index hit a record high, spurred by investors looking to hedge against surging inflation driven
2023-08-27 22:49
Twitchy Traders Have S&P 500 Comebacks Fizzling at Historic Pace
Surprised that the S&P 500 swung into the green Friday? Don’t worry. Just wait. It’ll fall again after
2023-08-27 22:23
Crypto’s Latest Craze Friend.tech Is Overrun by Bots, ‘Speculative Games’
Blink and you’ll probably miss the latest crypto fad. A hot new social-media project that enlivened an otherwise
2023-08-27 21:26
Emerging-Market Funding Gets Creative as Dollar Bonds Dry Up
At the BRICS summit in Johannesburg this week, a key item on the agenda was reducing dollar dependence
2023-08-27 20:50
China Cuts Stock Trade Tax, Tightens IPOs to Boost Market
China lowered the stamp duty on stock trades for the first time since 2008 and pledged to slow
2023-08-27 20:20
South Africa Says Distribution Is ‘Albatross’ of Power System
South Africa’s electricity distribution system is “an albatross” beset by fighting between the national power utility and municipalities
2023-08-27 19:50
China halves stamp duty on stock trading to boost market
BEIJING (Reuters) -China halved the stamp duty on stock trading effective Monday in the latest attempt to boost the struggling
2023-08-27 17:51
Sinopec Profits Shrink as Economic Woes Weigh on Fuel Demand
Sinopec’s first-half profits shrank amid lower oil prices and fuel demand being weighed down by China’s sluggish economic
2023-08-27 16:47