China exports see biggest drop for three years
Global demand for Chinese goods has fallen as the cost of living and rising interest rates bite.
2023-08-08 16:15
Citi’s Montagu Says US Stocks Can Rise as Positioning Risk Drops
The “orderly” pullback in US stocks last week has reduced the risk of a chaotic selloff and set
2023-08-08 15:57
China's economy suffers new blow as exports drop 14% in July
China's exports suffered their biggest drop in more than three years in July as global demand slowed, adding further pressure on Beijing to find ways to reinvigorate the world's second largest economy.
2023-08-08 15:53
Won Breaches Key Support Levels as Sentiment Sours
The won was the worst affected Asian currency amid last week’s bond market turmoil and some analysts expect
2023-08-08 15:52
Italy’s Windfall Profits Tax on Banks Spooks Markets
Italy’s right-wing government spooked markets with an unexpected tax on banks’ windfall profits, sending the country’s leading lenders
2023-08-08 15:51
Italian Stocks Lead Losses in Europe After Windfall Tax on Banks
European stocks fell after Italy surprised investors with a new tax on bank profits, sending lenders’ shares plunging.
2023-08-08 15:22
LNG Japan Agrees $880 Million Deal to Join Giant Gas Project
LNG Japan Corp. agreed a deal worth as much as $880 million for a stake in a giant
2023-08-08 14:56
Abrdn’s Assets Reach New Low as Clients Withdraw More Funds
Abrdn Plc saw its assets drop to a new low after clients pulled more money from its funds.
2023-08-08 14:49
Bayer Lowers Revenue Forecasts for Crops and Drugs Units
Bayer AG reduced its sales forecasts for its crop science and pharma divisions this year, accounting for the
2023-08-08 14:30
Glencore Mid-Year Profit Plunges 50% as Commodity Prices Retreat
Glencore Plc reported a steep drop in first-half profit and slashed returns to its shareholders after disappointing Chinese
2023-08-08 14:20
Europe’s Inflation-Risk Gauge Flashing Red Is a Headache for ECB
Market measures of inflation risk in Europe are testing record highs and posing a challenge to European Central
2023-08-08 14:19
Wanda Executive Taken Away by China’s Police, Local Media Says
A senior executive of Dalian Wanda Group Co. was taken away by police in China, according to a
2023-08-08 13:52