BofA Says AI Frenzy Drives Record Inflows Into Tech
The buzz around artificial intelligence has investors pouring a record amount of money into tech stocks, Bank of
2023-06-02 16:49
Airlines Scour Globe for Capacity as Plane Shortage Takes Toll
The massive aircraft deals announced this year — from Air India’s record 470-plane order in February to newcomer
2023-06-02 16:29
Palm Oil Production Seen Surging in Malaysia as Workers Return
Palm oil supply in Malaysia is set to soar as a labor crunch eases in the world’s second-biggest
2023-06-02 16:24
UK House Prices Are Falling Again — And There’s More Pain Ahead
The UK housing market is sputtering again, with economists predicting that the downturn has further to run as
2023-06-02 15:57
SBB’s Embattled CEO Faces Tough Sell After London Investor Pitch
The property tycoon at the center of Sweden’s real estate crisis traveled to the City of London this
2023-06-02 15:22
Erdogan Picks Market Darling Simsek to Return as Turkey's Finance Chief
Turkish President Recep Tayyip Erdogan will appoint Mehmet Simsek as his new treasury and finance minister, bringing back
2023-06-02 14:51
EQT Nears Deal for Vet Drugmaker Dechra Pharmaceuticals
EQT AB agreed to buy Dechra Pharmaceuticals Plc for about £4.46 billion ($5.6 billion), negotiating a lower price
2023-06-02 14:50
Half of China Cities Face Debt Service Difficulty, Rhodium Says
Financial stress faced by China’s local governments is limiting fiscal support for the economy’s recovery, with half of
2023-06-02 13:52
This Week in China: Biggest Reopening Fans Are Now Underweight
No valuation case seems compelling enough to keep global investors from giving up on Chinese assets. The evidence
2023-06-02 12:53
All Eyes on US, China as Shangri-La Defense Forum Starts
Defense officials from around the world arrived in Singapore Friday, with US-China tensions over Taiwan, chip curbs and
2023-06-02 12:50
Korean Won Won’t Recover to Pre-Pandemic Levels, BOK Member Says
The won isn’t likely to strengthen to pre-pandemic levels, given structural changes including heightened geopolitical competition, an aging
2023-06-02 12:27
China Stocks Rebound as Fed Concerns Ease, Dip-Buyers Emerge
Chinese stocks staged a sharp rebound as signs that the Federal Reserve is close to the end of
2023-06-02 12:20