Quants With $23 Trillion See AI Takeover Even as They Hold Back
The financial world’s computer-loving crowd is preparing for the dawn of a new AI-powered era — but that
2023-10-30 16:24
As Wind Industry Struggles, Investors Brace for Orsted Losses
As the German government scrambles to prop up Siemens Energy AG, another major European wind firm faces its
2023-10-30 14:18
Tax Shortfall Lumps South Africa With No-Good-News Budget
South African Finance Minister Enoch Godongwana is in a bind as he reworks the nation’s budget in the
2023-10-30 13:56
War With Hamas Tests Israel’s Economic Resilience to Its Limit
From small restaurants to high-tech companies and a major gas field run by Chevron Corp., Israeli businesses are
2023-10-30 12:57
Evergrande Liquidation Hearing Delayed in ‘The Last Adjournment’
China Evergrande Group, the world’s most indebted developer, got a final chance to get what could be the
2023-10-30 11:45
Strong Dollar Keeps Rate Hikes on Table for Asian Central Banks
Asian central banks are seen to raise interest rates over the next six months, with a stronger dollar
2023-10-30 10:16
Australia’s Surprisingly Strong Retail Sales Fuel Rate Hike Bets
Australian retail sales surpassed expectations in September, an outcome that will likely boost the Reserve Bank’s confidence that
2023-10-30 09:53
Citigroup Clinches $260 Million Asset-Backed Financing for WeLab
Citigroup Inc. led a $260 million asset-backed financing for WeLab Ltd., Hong Kong’s biggest online lending platform, people
2023-10-30 09:45
Soaring Neutral Rate to Hurt Treasuries, Nasdaq, Survey Shows
The interest rate that neither spurs nor slows the US economy has at least doubled in the aftermath
2023-10-30 08:52
House Prices Are Falling in Most Parts of the UK, Zoopla Says
House prices are declining in the overwhelming majority of the UK, as stubbornly high mortgage costs start to
2023-10-30 08:49
Ringgit Bulls Watch Central Bank Support as Neighbors Hike Rates
Investors in the Malaysian ringgit are hoping the nation’s central bank will step in to support the currency
2023-10-30 08:45
Ueda Faces Market Fallout Risk as BOJ Mulls Yields, Prices, Yen
The Bank of Japan’s Kazuo Ueda is in a tight spot. If he stands pat on policy this
2023-10-30 08:28