The uber-wealthy are doing just fine and Wall Street is cashing in
Worries of a possible global recession are deepening as heightened inflation and interest rates act as a brake on spending, while geopolitical strife adds to a sense of profound economic uncertainty.
2023-06-02 19:56
Hong Kong leads global market rally with best day in three months
Global stocks climbed Friday, led by a resurgent Hong Kong market, as investors greeted signs that the US Federal Reserve may hold off raising interest rates this month, the end of the US debt ceiling drama, and talk that China might unveil new measures to boost its faltering economic recovery.
2023-06-02 19:20
Marketmind: Jubilant markets eye jobs in June jump
A look at the day ahead in U.S. and global markets from Mike Dolan With the U.S. debt ceiling removed,
2023-06-02 18:29
Tech shares see biggest ever weekly inflow on AI boom-BofA
LONDON Technology equity funds saw their biggest weekly inflows on record in the week to Wednesday, driven by
2023-06-02 17:54
Take Five: Almost half-time
The hefty weight of tech megacaps, strange reporting rules for an upcoming OPEC meeting and more pain for
2023-06-02 15:17
Stocks surge in Asia as US averts default, Fed pause bets rise
By Ankur Banerjee SINGAPORE Asian stocks jumped on Friday on increasing expectations that the Federal Reserve might stand
2023-06-02 13:52
Marketmind: Markets feel Friday cheer as signs point to Fed pause
A look at the day ahead in European and global markets from Ankur Banerjee A risk-on rally fuelled by rising
2023-06-02 12:51
The Fed can't figure out what's happening with the job market
Policymakers at the Federal Reserve signaled last month that they were considering a pause in their 14-month long regimen of hiking interest rates to cool the economy and bring down inflation.
2023-06-01 20:26
Foreigners pull more money out of China in May
By Patturaja Murugaboopathy and Gaurav Dogra Foreign investors' selling of Chinese shares gained some momentum in May, as
2023-06-01 14:27
Asia stocks rise amid Fed pause talk, debt bill passage
By Kevin Buckland TOKYO Most Asia-Pacific stock markets rose on Thursday amid receding bets for a U.S. rate
2023-06-01 14:22
Marketmind: Plotting policy paths for Europe and the US
A look at the day ahead in European and global markets from Kevin Buckland It's a volatile time for central
2023-06-01 13:17
Investors await crucial US debt ceiling vote
By Caroline Valetkevitch (Reuters) -Investors were awaiting a critical vote in the U.S. House of Representatives over the $31.4 trillion
2023-06-01 07:22
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