Danish GDP Grew For Third Quarter As Pharma Boosts Economy
Denmark’s economy expanded for the third consecutive quarter as Novo Nordisk A/S and other Danish drugmakers enjoy massive
2023-08-15 16:49
European Stocks Decline as China Concerns Build; UK Stocks Lag
European equities slipped amid light trading, as China’s central bank decision to unexpectedly cut a key interest rate
2023-08-15 16:29
Russia Hikes Rates at Emergency Meeting After Ruble’s Crash
Russia’s central bank raised interest rates to the highest in over a year, increasing the pace of monetary
2023-08-15 16:26
Iron Ore Climbs as China’s PBOC Cuts Rates to Support Recovery
Iron ore gained and copper fluctuated as China’s central bank cut rates to support a sputtering recovery, with
2023-08-15 15:48
UBS to Pay $1.44 Billion to Settle DOJ Mortgage-Bond Case
UBS Group AG agreed to pay $1.44 billion to settle a long-running case over US mortgage-backed securities, resolving
2023-08-15 15:21
Sweden’s Elevated Price Pressure Sets Stage for More Rate Hikes
Swedish core inflation remained on an elevated level in July, keeping pressure on the Riksbank to raise interest
2023-08-15 14:54
UK Wages Growing at Record Pace Add to BOE’s Inflation Concerns
UK wage growth accelerated to the strongest pace on record, adding to concerns that a tight labor market
2023-08-15 14:16
Country Garden Crisis Drags Down Other Builders That Got Support
A potential default at developer giant Country Garden Holdings Co. has led to greater skepticism of the efficacy
2023-08-15 13:19
Yen Weakens Toward Level That Prompted September Intervention
Japan’s currency dropped toward a level that triggered the first yen-buying intervention since 1998 in September as yield
2023-08-15 11:45
China Cuts Rate by Most Since 2020 as Economic Woes Deepen
China’s central bank unexpectedly reduced a key interest rate by the most since 2020 to bolster an economy
2023-08-15 11:22
China’s Key Bond Yield Slides With Yuan on Surprise Rate Cut
China’s benchmark yield dropped to the lowest in more than three years and the yuan slid, after the
2023-08-15 11:20
RBA Sees a ‘Credible Path’ to Inflation Target at 4.1% Rate
Australia’s central bank sees a “credible path” to return inflation to its 2-3% target with interest rates at
2023-08-15 10:51