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Marketmind: Markets feel Friday cheer as signs point to Fed pause
Marketmind: Markets feel Friday cheer as signs point to Fed pause
A look at the day ahead in European and global markets from Ankur Banerjee A risk-on rally fuelled by rising
2023-06-02 12:51
With no more Covid restrictions, Asia's drug cartels are thriving, UN report warns
With no more Covid restrictions, Asia's drug cartels are thriving, UN report warns
The synthetic drug trade in Asia is roaring to "extreme levels," with crime groups establishing new trafficking routes to evade enforcement crackdowns and methamphetamine prices hitting fresh lows, according to a new report released Friday.
2023-06-02 12:25
Korean Won Won’t Recover to Pre-Pandemic Levels, BOK Member Says
Korean Won Won’t Recover to Pre-Pandemic Levels, BOK Member Says
The won isn’t likely to strengthen to pre-pandemic levels, given structural changes including heightened geopolitical competition, an aging
2023-06-02 12:25
US jobs report for May could point to slower hiring as Fed rate hikes cool demand for workers
US jobs report for May could point to slower hiring as Fed rate hikes cool demand for workers
America’s surprisingly resilient job market may have delivered yet another month of solid hiring and pay gains in May, if economists’ forecasts prove to be correct
2023-06-02 12:21
China Stocks Rebound as Fed Concerns Ease, Dip-Buyers Emerge
China Stocks Rebound as Fed Concerns Ease, Dip-Buyers Emerge
Chinese stocks staged a sharp rebound as signs that the Federal Reserve is close to the end of
2023-06-02 12:20
UK Government Killed Au Pair Industry, Leaving British Parents Desperate
UK Government Killed Au Pair Industry, Leaving British Parents Desperate
The UK government is desperate to find a way to make child care more affordable and encourage more
2023-06-02 11:49
Here's what's in the debt ceiling package
Here's what's in the debt ceiling package
Congress has passed the debt ceiling package, just days before the Treasury Department would have run out of sufficient funds to pay all of the nation's obligations on time and in full.
2023-06-02 11:26
Senate Fails to Strip Manchin Pipeline Deal From Debt Bill
Senate Fails to Strip Manchin Pipeline Deal From Debt Bill
An amendment to strip language from the debt-ceiling bill expediting approval of a multi-billion-dollar natural gas pipeline failed
2023-06-02 11:26
Goldman Cuts China Index Target While Retaining Overweight Call
Goldman Cuts China Index Target While Retaining Overweight Call
Goldman Sachs Group Inc. cut its target for the MSCI China Index on earnings and currency concerns, but
2023-06-02 11:21
Now Seen as an AI Stock, SoftBank Is Set for Its Best Week in Three Years
Now Seen as an AI Stock, SoftBank Is Set for Its Best Week in Three Years
SoftBank Group Corp. is on track for the best weekly gain since March 2020 as analysts and investors
2023-06-02 11:17
Hillhouse Hires Ex-Deutsche Bank’s Hari for Private Credit
Hillhouse Hires Ex-Deutsche Bank’s Hari for Private Credit
Asia-based asset manager Hillhouse has hired Deutsche Bank AG’s Siddhartha Hari to help expand private credit investments, according
2023-06-02 10:57
K-Pop Stocks’ $5.4 Billion Rally Emboldens Bulls
K-Pop Stocks’ $5.4 Billion Rally Emboldens Bulls
A $5.4 billion rally in K-pop stocks looks set to power on, as a growing global fanbase fuels
2023-06-02 10:57
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