Stocks drop, Treasuries gain after Fitch downgrades US rating
By Xie Yu HONG KONG Asian stocks and U.S. Treasury yields declined on Wednesday after ratings agency Fitch
2023-08-02 13:52
Major global firms warn of slow China sales as post-pandemic surge fades
From consumer goods giant Unilever to automaker Nissan and machinery maker Caterpillar, global firms have warned of slowing
2023-08-02 13:51
Taiwan Investigates Suspected Leak of Security Secrets to China
Taiwan launched an inquiry into several officers suspected leaking of military secrets to China, a case that highlights
2023-08-02 13:49
Marketmind: Markets shake off surprise US credit downgrade
A look at the day ahead in European and global markets from Brigid Riley Fitch delivered the markets a doozy
2023-08-02 12:59
US Ratings Downgrade Casts Spotlight on AAA Ones Standing
The fallout from Fitch Ratings’ downgrade of the US puts the focus on the countries still holding onto
2023-08-02 12:57
Asian markets tumble after Fitch downgrades US debt
Asian markets fell broadly Wednesday after ratings agency Fitch downgraded its US debt credit rating from the highest level, citing "a steady deterioration in standards of governance."
2023-08-02 12:49
BOJ’s Key Policy Architect Says YCC Shift Doesn’t Mean Exit
Deputy Governor Shinichi Uchida said that the Bank of Japan is far from an exit or raising its
2023-08-02 11:56
Summers, El-Erian Pile Criticism on Fitch US-Downgrade Decision
Prominent economists Larry Summers and Mohamed El-Erian joined a cohort of their peers in criticizing Fitch Ratings’ decision
2023-08-02 11:16
Treasuries Edge Up as Haven as Fitch Downgrade Spurs Volatility
US Treasuries drifted higher after Fitch Ratings stripped the US of its top-tier sovereign rating, spurring modest demand
2023-08-02 10:58
China Moves to Roll Out Pro-Growth Policies as Economy Struggles
China is turning its focus to rolling out various policy promises to help spur the economy’s recovery as
2023-08-02 10:48
Analysts Say US Dollar’s Drop on Fitch Downgrade Unlikely to Persist
Investors will continue to scoop up Treasuries despite Fitch Ratings’ move to cut the US’ credit rating although
2023-08-02 10:46
Dollar shaky after US credit rating downgrade
By Rae Wee SINGAPORE The dollar struggled to make headway on Wednesday after a cut on the U.S.
2023-08-02 10:24