Offshore Yuan Seen Tumbling to New Low Against Dollar in China Selloff
Global investors have little confidence that China will succeed in shoring up its financial markets, predicting that mounting
2023-08-28 08:58
Fortescue’s Iron Ore CEO Resigns After Less Than Six Months
Fortescue Metals Group Ltd. said the company’s chief executive officer of its iron ore division, Fiona Hick, had
2023-08-28 08:55
Flagging Growth Fuels Tensions Clouding Vietnam Premier’s Future
While disagreements are common between elected leaders and central bankers, they’re unusual in one-party, Communist-run nations. When they
2023-08-28 08:19
Asia Stocks Set for Small Gains; Currencies Steady: Markets Wrap
Asian stocks look poised to follow US equities with modest gains Monday after Jerome Powell said the Federal
2023-08-28 07:29
Tech-Reliant Won Counts on Boost From Nvidia’s Sales Forecast
AI chipmaker Nvidia Corp.’s better-than expected earnings may be the catalyst the tech-reliant Korean won is looking for.
2023-08-28 06:54
Marketmind: Data, policy, diplomacy - China in focus again
By Jamie McGeever A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
2023-08-28 05:59
At Jackson Hole, Post-Inflation Challenges Vex Central Bankers
The world’s top central bankers stressed the need to keep interest rates high until inflation is contained —
2023-08-28 04:52
Markets Brace for Swings After High-Rates Mantra of Jackson Hole
Traders are girding for a volatile start to the week after US and European policymakers signaled interest rates
2023-08-27 22:59
Egypt Stocks Hit Record High as Investors Seek Inflation Offset
Egypt’s benchmark stock index hit a record high, spurred by investors looking to hedge against surging inflation driven
2023-08-27 22:49
Twitchy Traders Have S&P 500 Comebacks Fizzling at Historic Pace
Surprised that the S&P 500 swung into the green Friday? Don’t worry. Just wait. It’ll fall again after
2023-08-27 22:23
Emerging-Market Funding Gets Creative as Dollar Bonds Dry Up
At the BRICS summit in Johannesburg this week, a key item on the agenda was reducing dollar dependence
2023-08-27 20:50
China Cuts Stock Trade Tax, Tightens IPOs to Boost Market
China lowered the stamp duty on stock trades for the first time since 2008 and pledged to slow
2023-08-27 20:20