Asia Set for Calm Post-Fed Open; Wary Eyes on Yen: Markets Wrap
Asian equity futures were mixed after the Federal Reserve hiked interest rates to a 22-year high and indicated
2023-07-27 07:56
Meta stock climbs after company posts 11% revenue growth
Meta's "year of efficiency" seems to be paying off. The Facebook-parent company on Wednesday reported revenue of $32 billion for its quarter ending in June, marking an 11% increase compared to the same period last year and beating Wall Street expectations.
2023-07-27 07:45
Private Credit Lures $71 Billion in Second Quarter, Preqin Says
Demand for private credit rebounded globally in the second quarter, with 34 new funds raising $71.2 billion, more
2023-07-27 07:45
Pemex Chief Says Mexico to Refinance Its Debt to Avoid High Cost
Mexico will refinance Petroleos Mexicanos’s debt since it’s cheaper than if the state oil giant goes to the
2023-07-27 07:24
California, other states move to block 3M's $10.3 billion PFAS deal
By Clark Mindock A group of 22 states and U.S. territories on Wednesday moved to block a proposed
2023-07-27 06:46
Iron Ore Looks Set for a Tumble as Major Stimulus Hopes Fade
Iron ore’s rally over the last couple of months is looking increasingly brittle as hopes fade for the
2023-07-27 06:25
Asian Hedge Funds Outperform With Bets on AI, Japanese and US Stocks
Several Asia-based hedge funds used bets tied to artificial intelligence, along with Japanese and US stocks, to beat
2023-07-27 06:18
Semiconductors: Can India become a global chip powerhouse?
India has ambitious plans for semiconductor manufacturing, but there are challenges along the way.
2023-07-27 05:57
Judge rejects US bid to restrict American Airlines, JetBlue deals
By Nate Raymond and David Shepardson BOSTON/WASHINGTON A federal judge on Wednesday rejected the Justice Department's bid to
2023-07-27 05:54
Marketmind: China realism returns, Powell has spoken
By Jamie McGeever A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
2023-07-27 05:48
EBay Drops as Quarterly Profit Outlook Misses Estimates
EBay Inc. dropped after projecting earnings in the current quarter that narrowly missed analysts’ estimates, suggesting the e-commerce
2023-07-27 04:47
Meta Shares Climb After Revenue, Forecast Beat Estimates
Meta Platforms Inc. shares surged after the company forecast revenue that beat analysts’ estimates, showing that the social
2023-07-27 04:26