Stocks surge, dollar slumps as traders cheer inflation surprise
By Tom Westbrook SINGAPORE Asian stocks leapt while the dollar was nursing its heaviest losses in a year
1970-01-01 08:00
UBS Is Calling Time on Indian Stocks’ Outperformance Over China
Chinese equities are set to outperform Indian peers next year as their battered valuations suggest significant upside potential
1970-01-01 08:00
China’s Economic Activity Mixed as Beijing Steps Up Support
China’s economic activity was mixed in October as consumer spending and industrial output picked up, while investment growth
1970-01-01 08:00
Wanda Pre-IPO Backers Reject Initial Offer for Repayment Delay
Investors in Dalian Wanda Group Co.’s mall unit have turned down an initial proposal by the Chinese conglomerate
1970-01-01 08:00
Oil Steady With Differing Views From IEA, OPEC Clouding Outlook
Oil steadied after a short-lived relief rally as the market digested differing views on the supply and demand
1970-01-01 08:00
China Pumps Cash Into Banking System to Support Stimulus Funding
China injected cash into the banking system with one-year policy loans for a 12th straight month, as funding
1970-01-01 08:00
Dollar Tumbles Most in a Year as Traders Bet on End of US Hikes
The US dollar tumbled by the most in a year after soft inflation data led traders to ramp
1970-01-01 08:00
Biden Ordered to Sell Gulf Of Mexico Oil Leases Next Month
A federal appeals court ordered the Biden administration to sell drilling rights in the Gulf of Mexico within
1970-01-01 08:00
Japan’s Economy Slips Into Reverse Amid Weak Yen, Inflation
Japan’s economy shrank over the summer, pointing to the fragility of the country’s recovery in the face of
1970-01-01 08:00
Mitsubishi Heavy Backs Battery-Management Startup Element Energy
Mitsubishi Heavy Industries Ltd. has joined the list of investors in startup Element Energy, which says its technology
1970-01-01 08:00
Seismic Day for Treasuries Fuels Bets Fed to Slash Rates in 2024
A normal day for markets became something extraordinary after a hotly anticipated report on US inflation gave traders
1970-01-01 08:00
Ken Griffin Sees Miami Possibly Replacing NYC as Finance Capital
Citadel founder Ken Griffin says his new home of Miami could eventually unseat New York’s as the world’s
1970-01-01 08:00