Sliding Aussie Seen Stoking Prices as Shock-Absorber Fades
Australia’s depreciating currency, historically a boon for the world’s 12th largest economy, appears more likely to fuel inflation
2023-08-11 09:24
Philippine Central Bank Head Cautions Against Quick Policy Pivot
Philippine central bank Governor Eli Remolona warned against “sudden reversals” of monetary policy when asked about the possibility
2023-08-11 09:21
Blackstone-Backed Solar Company Esdec Seeks US IPO at $5 Billion Value
Esdec Solar Group is seeking an initial public offering in New York that would value the Blackstone Inc.-backed
2023-08-11 08:54
Oil prices tick higher on OPEC demand optimism
By Stephanie Kelly Oil prices edged higher on Friday on optimism from the OPEC producer group that oil
2023-08-11 08:52
RBA’s Lowe Keeps Door Open to Further Hike, Eyes Services Prices
Australia’s central bank is keeping its options open on further policy tightening as it studies which way services
2023-08-11 08:19
Thousands of Tiny Hedge Funds Face Closure in China Shakeup
China’s 6 trillion yuan ($832 billion) hedge fund industry is bracing for a historic shakeup that will likely
2023-08-11 08:15
Asia Stocks Set for Mixed Open After Tame US Data: Markets Wrap
Stocks in Asia were headed for a mixed open amid bets that Federal Reserve policy will remain tight
2023-08-11 06:59
NYC Faces Budget Gaps of $40 Billion Through 2027, DiNapoli Says
New York City could face a cumulative budget gap of $40 billion over the next four years thanks
2023-08-11 06:22
Biden Wishes His Signature Climate Law Was Called Something Else
President Joe Biden said he regretted the name of one of his signature legislative achievements — the Inflation
2023-08-11 06:18
Marketmind: US CPI smile fades, it's raining yen
By Jamie McGeever A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
2023-08-11 05:57
UnitedHealth’s $3.29 Billion Deal for Home-Health Care Provider Gets Antitrust Review
UnitedHealth Group Inc.’s $3.29 billion takeover of Amedisys Inc. will undergo an in-depth antitrust review by the Department
2023-08-11 05:20
US Supreme Court Halts Purdue’s $6 Billion Opioid Pact, Will Hear Appeal
The US Supreme Court agreed to consider scuttling Purdue Pharma LP’s $6 billion opioid settlement, taking up a
2023-08-11 04:46