Stocks tiptoe toward US debt denouement; Japan sparkles
By Tom Westbrook SINGAPORE Asia's stock markets were cautiously higher on Friday, with Japan leading gains, while the
2023-05-26 14:19
UK Retail Sales Bounce Back More Than Expected After Wet March
UK retailers saw sales jump more than expected last month, recovering from heavy rain that kept people home
2023-05-26 14:19
Billionaires’ M&A Fight Ends With Revival of Solar Export Dream
Billionaire Mike Cannon-Brookes will revive a stalled plan to export solar power from Australia to Singapore after sealing
2023-05-26 14:15
Weak Rand, Government Missteps Deny South Africans Rates Relief
South Africa’s central bank is reluctant to pivot away from policy tightening after raising its benchmark interest rate
2023-05-26 13:55
French Grocer Casino to Talk With Creditors as Conciliation Process Starts
Casino Guichard-Perrachon SA said it will start debt talks with creditors after a Paris court decided to open
2023-05-26 13:55
Economists Trim China Growth Forecasts, Expect Reserve Requirement Ratio Cut Sooner
China’s central bank will likely cut the reserve requirement ratio for major banks earlier than expected as the
2023-05-26 13:54
Marketmind: Counting down the $70 billion to a debt deal
A look at the day ahead in European and global markets from Vidya Ranganathan The week draws to a close
2023-05-26 12:59
MUFG’s $4 Billion Bond Deal Is Japan’s Biggest This Year
Mitsubishi UFJ Financial Group Inc. raised 570 billion yen ($4 billion) worth of debt in what is Japan’s
2023-05-26 12:53
Why any debt deal could be just the beginning of the treacherous road to avoiding default
Just six days remain before America could run out of money to pay its bills in a calamity that could trigger a recession and global economic turmoil. Deep divisions remain between the White House and House Republicans over a potential deal under which Congress would vote to raise the government's borrowing limit in exchange for capping spending.
2023-05-26 12:25
Australia Retail Sales Flat as Higher Rates Drag on Spending
Australian retail sales were flat in April, ending a three-month streak of gains, suggesting consumers are reining in
2023-05-26 10:53
China’s Top Rating Firm Downgrades US in Echo of Global Rivalry
While the world’s major credit-rating agencies have held off downgrading the US as Washington barrels toward the fiscal
2023-05-26 10:49
Hyundai Motor, LG Plan $4.3 Billion EV Battery Plant in US
South Korea’s Hyundai Motor Group and LG Energy Solution Ltd. will invest 5.7 trillion won ($4.3 billion) to
2023-05-26 10:29