Asian markets tumble after Fitch downgrades US debt
Asian markets fell broadly Wednesday after ratings agency Fitch downgraded its US debt credit rating from the highest level, citing "a steady deterioration in standards of governance."
2023-08-02 12:52
Exclusive-Chinese cities tighten property firms' access to escrow funds-sources
By Clare Jim and Ziyi Tang HONG KONG/BEIJING Some Chinese city governments have made it harder for developers
2023-08-02 12:48
Oil Rises After Industry Report Points to Massive Inventory Draw
Oil resumed a rally after an industry estimate pointed to a huge drawdown in US inventories, adding to
2023-08-02 11:53
China’s Oil Demand May Have Peaked for 2023 in Blow to Bulls
China’s appetite for fuels and other oil-derived products such as plastics may have peaked for this year as
2023-08-02 10:28
US Treasury yields edge lower after Fitch downgrade
By Kevin Buckland TOKYO U.S. Treasury yields edged down in Tokyo on Wednesday after ratings agency Fitch lowered
2023-08-02 08:49
Fitch downgrades US debt rating
Fitch Ratings downgraded its US debt rating on Tuesday from the highest AAA rating to AA+.
2023-08-02 05:59
Insurer Prudential Financial's profit rises on strong gains in U.S. unit
Prudential Financial on Tuesday reported a 21.5% rise in second-quarter adjusted profit as the insurer's U.S. unit benefited
2023-08-02 05:21
Harris Rejects DeSantis Invitation to Discuss Black History
Vice President Kamala Harris publicly rejected Republican presidential challenger Ron DeSantis’s invitation to visit Florida to discuss the
2023-08-02 03:28
Here's what's in DeSantis' economic plan
Florida Gov. Ron DeSantis is positioning himself as the economic defender of the American family, building on his claim that he is protecting them culturally. The 2024 Republican presidential candidate on Monday released a 10-point economic plan, which he describes as a "Declaration of Economic Independence."
2023-08-01 20:46
What you need to know about the incandescent light bulb ban
America's ban on incandescent light bulbs, 16 years in the making, is finally a reality. Well, mostly.
2023-08-01 19:50
Plunging sales of new homes show China's real estate crisis isn't over
Plunging sales of new homes and the reported cancellation of a share placement by China's biggest property developer on Tuesday underscored the depth of the country's real estate crisis.
2023-08-01 16:17
Pakistan to Roll Over Half of $24.5 Billion Maturing Debt
Pakistan expects about half of its maturing debt in fiscal year 2024 to be rolled over, according to
2023-08-01 15:24