Asian Shares Poised to Advance; Yields Climbing: Markets Wrap
Asian equities are set to rise on Tuesday following a rally in big tech that spurred a rebound
2023-08-22 06:47
Schwab to Cut Staff, Real Estate to Save $500 Million a Year
Charles Schwab Corp. is planning to cut jobs and close or downsize offices to achieve at least $500
2023-08-22 05:49
Zoom Boosts Outlook With Move Beyond Video Calls
Zoom Video Communications Inc. raised its profit and sales forecast for the fiscal year, a positive sign for
2023-08-22 04:47
Star China Hedge Fund Blames Global Money for Stock Selloff
A top-performing Chinese macro hedge fund blamed global capital for sinking the country’s stocks to the lowest levels
2023-08-22 02:48
Treasury 10-Year Real Yield Tops 2% for First Time Since 2009
The yield on 10-year inflation-protected Treasuries exceeded 2% for the first time since 2009, extending its ascent from
2023-08-21 22:23
Axa’s Asset Management Unit to Cut Up to 90 Roles in Revamp
Axa Investment Managers is eliminating as many as 90 roles as the French firm aims to streamline part
2023-08-21 20:24
BRICS Expansion Gets Interesting If Saudis Join, Jim O’Neill Says
Adding countries to the BRICS bloc will matter economically if Saudi Arabia is one of them but otherwise
2023-08-21 18:26
Hedge Fund Sculptor Rejects Unsolicited Offer From Weinstein
Sculptor Capital Management Inc. spurned an unsolicited bid from a group of hedge fund giants including Boaz Weinstein,
2023-08-21 17:47
China Halts Buying Taiwan Mangoes Amid Tensions, Blaming Pests
China suspended imports of Taiwan mangoes, saying mealybug pests were found in the fruit, in a possible example
2023-08-21 16:54
Malaysia’s Anwar Weighs Suing Goldman Sachs Over 1MDB, CNBC Reports
Prime Minister Anwar Ibrahim said he may consider a lawsuit against Goldman Sachs Group Inc. over its role
2023-08-21 14:46
Rupee Outperforms EM Asia Peers Even as It Nears Record Low
The Indian rupee is within a whisker of a record low, but it’s still a favored emerging-market currency
2023-08-21 13:45
China Deepens Espionage Crackdown Targeting Spies for the CIA
China is intensifying a crackdown on alleged spies for the US, saying it found another case of an
2023-08-21 13:15