China Economic Gloom Worsens With Weak Consumer Spending Data
China’s consumer-driven recovery is flashing warning signs as spending on everything from holiday travel to cars and homes
2023-06-26 11:46
Hong Kong May Relax Some Mortgage Rules, Chan Says
Hong Kong’s government is considering marginally relaxing mortgage loan-to-value ratios for some residential property purchases, the city’s finance
2023-06-25 14:46
Pricey Junk Bonds Are Seeing a Sudden Vibe Shift: Credit Weekly
Bullish bets on high-yield corporate bonds are starting to unravel as interest rates look set to stay higher for longer.
2023-06-25 05:26
Powell Wins Over Bond Traders Dialing Back Bets on Deep Downturn
The bond market is finally getting in sync with Jerome Powell’s outlook for the economy. Traders have scrapped
2023-06-25 04:23
Homebuilding Set to Boost US Economy After Two-Year Contraction
After eight straight quarters of contraction, it looks like the slide in US residential investment may be finished.
2023-06-24 21:58
Public Worker Pay Rises May Be Next Victim of Stubborn UK Inflation
UK inflation is running so high that the government is considering blocking pay rises for millions of public
2023-06-24 19:18
Charting the Global Economy: BOE Surprises With Bigger Rate Hike
The Bank of England stepped up efforts to beat back the worst inflation since the 1980s by boosting
2023-06-24 17:23
Jeremy Hunt, Banks Agree Repossession Pause to Slow UK Mortgage Pain
Chancellor of the Exchequer Jeremy Hunt and the UK’s largest lenders have agreed people should be given a
2023-06-23 20:59
BofA Says Investors Are Fleeing Tech Stocks After ‘Baby Bubble’
There are early signs of investors fleeing from tech stocks after 1999-like rally formed a “baby bubble,” according
2023-06-23 19:50
UK Retail Sales Rise Unexpectedly to Underline Resilient Economy
UK retail sales rose unexpectedly in May, indicating strength in the economy that the Bank of England fears
2023-06-23 14:16
Temu: Risk popular website sells forced labour goods
The claims arise from an investigation into a US law barring imports made with Uyghur labour.
2023-06-23 07:55
San Francisco Mayor Floats Razing Mall in Crisis-Ridden Downtown
San Francisco Mayor London Breed called on investors to redevelop the city’s struggling downtown core by converting or
2023-06-23 06:49