Saudi Telecom Buys $2.25 Billion Stake in Spain’s Telefonica
Saudi Telecom Co. is taking a nearly 10% stake in Spain’s Telefonica SA for roughly $2.25 billion as
2023-09-06 14:54
China Property Stocks Rally on Speculation of More Stimulus
A key gauge of Chinese property stocks rallied to its highest level in about four weeks with market
2023-09-06 13:23
New Zealand to Seek Trade Diversity as China Slows, Hipkins Says
New Zealand’s government plans to focus on trade diversification to help insulate its economy from the slowdown in
2023-09-06 13:18
Australian Economy Defies Rate Hikes as Exports Drive Growth
Australia’s economy maintained its momentum in the three months through June, with the expansion underpinned by exports and
2023-09-06 12:20
Soaring US Dollar Raises Alarm as China, Japan Escalate FX Pushback
A renewed advance in the dollar is sending Asian currencies to multi-month lows while prompting authorities in China
2023-09-06 12:17
Morgan Stanley Turns Bearish on Emerging Market Currencies on China Risks
Morgan Stanley is returning to a bearish view on emerging-market currencies, citing concerns over China’s growth risks that
2023-09-06 11:57
New Zealand’s Hipkins Outlines Economic Priorities If Reelected
New Zealand Prime Minister Chris Hipkins has outlined five economic priorities for his government if he is reelected
2023-09-06 08:30
Asian Stocks Set for Cautious Open as Oil Climbs: Markets Wrap
Asian equity futures pointed to a cautious open for stock markets around the region on Wednesday after US
2023-09-06 08:22
Japan Warns on Yen After Currency Hits Fresh 10-Month Low
Japan issued its strongest warning over sharp currency movements in weeks after the yen set a fresh 10-month
2023-09-06 08:17
Chile Maps Out Interest Rate Cuts to 8% This Year After Paring Easing
Chile’s central bank slowed the pace of its easing cycle with an interest rate cut of 75 basis
2023-09-06 07:56
Europe’s Low Real Rates Fuel Talk of Faster ECB Bond Runoff
Speculation is mounting the European Central Bank will shrink its bond portfolio at a quicker pace to ensure
2023-09-05 17:49
Foreign Funds Reverse $17 Billion Record Exodus in India Stocks
Foreign funds reversed their record exodus from Indian stocks as the country’s appeal as an alternative to China
2023-09-05 14:52