Emerging Currencies to Outperform G-10 Peers, Wells Fargo Says
Emerging-market currencies are poised to outperform peers in developed markets, as attractive valuations lure investors, according to Wells
2023-05-16 11:52
Wells Fargo to Pay $1 Billion in Class-Action Suit, WSJ Reports
Wells Fargo & Co. agreed to pay $1 billion to shareholders as it seeks to settle a class-action
2023-05-16 11:51
SEC Urges Judge to Reject Coinbase Demand for Rules Explanation
The US Securities and Exchange Commission asked a judge to deny Coinbase Global Inc.’s request to compel the
2023-05-16 11:47
Pacific Island leaders say rich countries are not doing enough to control climate change
Pacific Island leaders have criticized rich countries for not doing enough to control climate change despite being responsible for much of the problem, and for profiting from loans provided to vulnerable nations to mitigate the effects
2023-05-16 11:28
Japanese Household Electricity Prices Will Jump Up to 42%
The Japanese government will allow seven of nation’s major power companies to raise household electricity prices from June,
2023-05-16 11:20
China April industrial output rises 5.6%, retail sales jump 18.4%; below expectations
BEIJING China's industrial output grew 5.6% in April from a year earlier, official data showed on Tuesday, missing
2023-05-16 10:26
China’s Economic Recovery Worries Mount as Data Disappoints
China’s consumer spending and industrial activity grew at a slower pace than expected in April, adding to signs
2023-05-16 10:18
US Virgin Islands seeks to subpoena Elon Musk in Jeffrey Epstein lawsuit
The government of the U.S. Virgin Islands is asking a federal judge to help it serve billionaire Elon Musk with a subpoena for documents in its lawsuit seeking to hold JPMorgan Chase liable for sex trafficking acts committed by businessman Jeffrey Epstein
2023-05-16 09:55
China’s Central Bank Outlook Spurs Call for Monetary Action
The People’s Bank of China hinted Monday it will keep monetary policy supportive, prompting expectations it may cut
2023-05-16 09:52
Buffett Exits TSMC While Hedge Funds Coatue, Tiger Global Buy
Taiwan Semiconductor Manufacturing Co. drew mixed bets from top investors in the first quarter, as Warren Buffett closed
2023-05-16 09:47
A barbecue frenzy is gripping China. Can street food revive the economy?
When China was in the midst of a pandemic-induced economic slump in 2020, then Premier Li Keqiang touted the idea of creating jobs by encouraging street vendors to set up shop across the country. That pitch was quickly shot down by close associates of leader Xi Jinping, who characterized the traditional trade as "unhygienic and uncivilized."
2023-05-16 09:47
LNG Exporters Eye New Australia Growth as Profit Boom Fades
Liquefied natural gas exporters aim to advance multibillion-dollar projects and revive the sector’s growth in Australia, arguing additional
2023-05-16 09:28