Italy’s Crisis Guardian Counts Down to Exit as Meloni Mulls Successor
Prime Minister Giorgia Meloni has just five months left to find a new Bank of Italy chief in
1970-01-01 08:00
Summers Sees Higher Fed Interest Rates, Increased US Taxes
Former Treasury Secretary Lawrence Summers sees US interest rates headed higher in the short-run and US taxes rising
1970-01-01 08:00
Cathie Wood Says Software Stocks Are Next AI Bet After Nvidia
Cathie Wood said software providers will be the next to ride on the artificial intelligence frenzy driven by
1970-01-01 08:00
Moody’s Cuts Bangladesh Rating on Reserves, Market Distortions
Moody’s Investors Service lowered Bangladesh’s credit rating as the nation’s foreign-exchange reserves dwindle while unconventional policies such as
1970-01-01 08:00
Economists See India’s First Rate Cut in 2024 for Durable Growth
Economists see India’s central bank holding interest rates this year before cutting 25 basis points in the first
1970-01-01 08:00
Oil Holds Deep Slump on Weak Demand Signals Ahead of OPEC+ Meet
Oil held its biggest decline in four weeks on signs of weaker demand and sufficient supply ahead of
1970-01-01 08:00
Korea Chip Stockpiles Swell to a Record as Demand Sputters
South Korea’s semiconductor inventory surged by the most in seven years, underscoring ongoing weak demand for chips despite
1970-01-01 08:00
Veteran Trader Sees China Assets Hobbled for Three More Years
Global investors will avoid China assets for another three years as the nation keeps its interest rates low
1970-01-01 08:00
China Leads the World in Preparing for Extreme Weather Threats to Power Supplies
It’s not even June, and China is fielding sweltering temperatures in Shanghai, and peak power demand from Guangdong
1970-01-01 08:00
Chinese Stocks Extend Rout as Factory Gauge Contracts Again
A key gauge of Chinese stocks was again poised to enter a bear market after flirting with the
1970-01-01 08:00
Australia Monthly Inflation Jumps to 6.8%, Raising Rate Pressure
Australian inflation accelerated, snapping three months of easing, sending government bond yields higher as traders fretted about potentially
1970-01-01 08:00
China’s Factory Slump Worsens in Sign of Weak Economic Recovery
China’s manufacturing activity contracted for a second straight month in May, providing more evidence the post-Covid recovery in
1970-01-01 08:00