Summers, El-Erian Pile Criticism on Fitch US-Downgrade Decision
Prominent economists Larry Summers and Mohamed El-Erian joined a cohort of their peers in criticizing Fitch Ratings’ decision
1970-01-01 08:00
China Moves to Roll Out Pro-Growth Policies as Economy Struggles
China is turning its focus to rolling out various policy promises to help spur the economy’s recovery as
1970-01-01 08:00
Analysts Say US Dollar’s Drop on Fitch Downgrade Unlikely to Persist
Investors will continue to scoop up Treasuries despite Fitch Ratings’ move to cut the US’ credit rating although
1970-01-01 08:00
Treasuries Edge Up as Haven as Fitch Downgrade Spurs Volatility
US Treasuries drifted higher after Fitch Ratings stripped the US of its top-tier sovereign rating, spurring modest demand
1970-01-01 08:00
US-EU Steel Talks Inch Ahead as Time for a Deal Runs Short
The US and European Union are unlikely to finalize a legally binding agreement to govern trade in steel
1970-01-01 08:00
China’s Oil Demand May Have Peaked for 2023 in Blow to Bulls
China’s appetite for fuels and other oil-derived products such as plastics may have peaked for this year as
1970-01-01 08:00
Tesla’s NDA Breach Claim Against Rivian Employees Heads to Trial
Almost a dozen former Tesla Inc. employees who left to work Rivian Automotive Inc. can’t avoid a trial
1970-01-01 08:00
Toyota’s Iconic Land Cruiser Offroader Returns to North America
Toyota Motor Corp. is bringing its iconic Land Cruiser back to North America next year with slimmer dimensions
1970-01-01 08:00
Global Equities Enjoy Their Best Year-to-Date Gain Since 2009
Global markets have posted their largest year-to-date gains since 2009 when markets recovered from the global financial crisis.
1970-01-01 08:00
Country Garden Services to Buy Back Shares to Boost Confidence
Country Garden Services Holdings Co. said it’s planning a stock buyback to shore up investor confidence after renewed
1970-01-01 08:00
Nomura Shares Tumble Most in Two Years After Profit Miss
Nomura Holdings Inc. shares dropped the most in more than two years after Japan’s biggest brokerage posted lower-than-estimated
1970-01-01 08:00
Singapore’s Sky-High Rents Show First Signs of Cooling
Singapore’s rental price growth slowed in the second quarter, cooling a years-long boom that has sapped affordability and
1970-01-01 08:00