Dollar on Back Foot as Fed Axes One of Bears’ Top Hurdles
Dollar weakness looks to have room to run after the Federal Reserve said further interest rate hikes would
2023-07-27 10:49
Hedges Against Risk of Yen Surge Hit Four-Month High Before BOJ
Traders are ramping up protection against a surge in the yen as speculation remains alive that the Bank
2023-07-27 09:59
China’s Industrial Profits Keep Declining Amid Deflation Risks
China’s industrial profits dropped at a slower pace in June, though worsening factory-gate deflation and slowing consumer spending
2023-07-27 09:56
Crypto Regulatory Framework Bill Endorsed by House Financial Services Committee
Legislation championed by crypto advocates that sets clearer rules for the nascent industry was approved by a key
2023-07-27 08:24
A Post-Fed Wall Street Buckles Up for High-Stakes Economic Data
Ever since the Federal Reserve kicked off its historic tightening campaign, Wall Street has clung to every word
2023-07-27 08:21
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
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
Singapore Bank UOB’s Profit Tops Estimates on Lending Income
United Overseas Bank Ltd. second-quarter profit beat estimates, buoyed by rising lending income. Net income, excluding one-off expenses,
2023-07-27 07:18
Mastercard demands US cannabis shops stop accepting debit cards
The issuer says its debit cards must not be used for legal cannabis, due to federal laws in the US.
2023-07-27 06:50
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
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
Canada: Prime Minister holds major cabinet shakeup
In seeking a fourth term, Justin Trudeau has overhauled his team ahead of Canada's next election.
2023-07-27 03:16