US Mortgage Rate Climbs to 22-Year High of 7.41%, Curbing Demand
US mortgage rates jumped last week to the highest level since 2000, taking a toll on already depressed
2023-09-27 19:55
China Shies Away From Confrontation With Europe Over EV Probe
As Europe’s top trade chief headed to Beijing this month shortly after announcing a probe into China’s electric
2023-09-27 18:21
US Government Shutdown’s Economic Risks Grow the Longer It Lasts
A US government shutdown would have a cascading economic effect, beginning mildly and deepening over time as millions
2023-09-27 17:49
ECB’s Holzmann Says Shocks Could Force ECB to Raise Rates Again
It’s unclear whether the European Central Bank has lifted borrowing costs to their peak, with the persistence of
2023-09-27 16:23
China Industrial Profits Jump Sharply as Economy Stabilizes
Chinese industrial profits rose in August for the first time in more than a year, a further sign
2023-09-27 12:58
Australian Inflation Quickens, Keeping Rate Hike in Play
Australia’s monthly inflation gauge accelerated in August, reflecting global trends as oil prices jumped, bolstering the case for
2023-09-27 11:19
Japan Warns Again on Yen After Dollar Breaches 149 Mark
Japan’s finance minister issued his second salvo of warnings to players in foreign-exchange markets in a day after
2023-09-26 17:27
Sweden’s Producer Prices Slump Most on Record on Energy
Swedish factory-gate prices plunged the most on record in August from a year earlier, led by energy, suggesting
2023-09-26 17:22
Mercedes S-Class, Porsche Stand to Lose Most in China EV Row
The European Union’s probe into Beijing’s electric-vehicle subsidies is meant to protect its carmakers from a flood of
2023-09-26 17:19
South Korea to Shore Up Housing Supply With More Loan Guarantees
South Korea plans to increase guarantees for short-term property loans as part of its efforts to address potential
2023-09-26 16:24
China’s Economy Is Set to Avoid a Japanese-Style Deflation
Prices in China are recovering, according to an independent survey, providing more evidence that the worst may be
2023-09-26 14:55
Yuan Flirts With Daily Trading Limit, Testing China’s Red Line
The yuan weakened toward the limit of its fixed trading band against the dollar, as China’s worsening property
2023-09-26 12:51