LVMH’s US Weakness Weighs on Sales as China Rebounds
LVMH’s US sales declined in the second quarter as a sluggish economy deterred some shoppers from buying its
2023-07-26 02:47
TCW to Buy Engine No. 1’s ETF Unit in First Deal for CEO Katie Koch
TCW Group, the asset manager with a long history of managing bond funds, is expanding into exchange-traded funds
2023-07-26 01:20
European Stocks on Longest Winning Streak Since Jan; Miners Jump
European shares rose for a sixth straight day, the longest streak since January, as miners rallied on China
2023-07-25 23:47
3M Raises Outlook, Tops Estimates as Cost Cuts Gain Traction
3M Co.’s profit topped Wall Street estimates in the second quarter, driving a rise in the annual outlook,
2023-07-25 19:19
China Names Pan Gongsheng as New Central Bank Governor to Revive Economy
China named Pan Gongsheng as governor of the central bank, strengthening his position as head of the institution
2023-07-25 19:16
China Names Wang Yi New Foreign Minister to Replace Qin Gang
China’s Qin Gang has been removed from his post as foreign minister and replaced by his predecessor Wang
2023-07-25 19:15
Israeli Assets Extend Slump as Investors Mull Judicial Bill
Israeli assets declined Tuesday as investors mulled a bill passed by parliament that will weaken the power of
2023-07-25 16:59
Bank Indonesia Keeps Rate on Hold to Bolster Rupiah
Bank Indonesia kept its benchmark interest rate unchanged at a four-year high to support the local currency from
2023-07-25 15:59
US Security Officials Reviewing Mubadala Fortress Deal, FT Says
The Committee on Foreign Investment in the US is reviewing Mubadala Investment Co.’s planned takeover of Fortress Investment
2023-07-25 15:58
China’s ‘Dovish’ Politburo Signals Rate Cuts, Property Easing
China will likely keep cutting interest rates, speed up the issuance of infrastructure bonds and loosen more property
2023-07-25 13:52
China Envoys Will Be First Visitors to North Korea Since Covid
Envoys from China are set to become the first foreign delegation to North Korea since the pandemic started,
2023-07-25 11:53
Sri Lanka Relaxes Some FX Controls to Spur Overseas Transactions
Sri Lanka eased restrictions on the foreign-exchange market to allow companies and individuals to send more dollars abroad.
2023-07-25 11:50