China’s offshore yuan tested the weakest level on record on speculation the government would be willing to permit a weaker currency
27 May 2020 06:22 PM
Sales of tech stocks on Wednesday led to the S&P 500 and Nasdaq as policymakers sought to recover the global economy from a coronavirus-driven recession.
29 May 2020 12:10 AM
U.S. applications for home mortgages jumped last week, in a sixth straight weekly increase, suggesting the housing market could lead the economy’s recovery
29 May 2020 12:10 AM
The European Commission has proposed temporary relief from some bank capital rules to avoid lending being crimped as the economy heads for a deep recession.
27 May 2020 06:22 PM
The dollar was up on Wednesday morning in Asia with U.S.-China tensions mounting over the latter’s national security laws for Hong Kong and Macau.
27 May 2020 07:51 AM
U.S. consumer confidence nudged up in May, suggesting the worst of the novel coronavirus-driven economic slump was probably in the past
26 May 2020 05:01 PM
Most U.S. states have begun to reopen their economies, but Jay Foreman, chief executive of Basic Fun, said he’s more worried than ever.
27 May 2020 05:42 AM
European stocks hit an 11-week high on Tuesday, with UK markets starting to rise after a long weekend as global trading gradually resumed after months of lockd.
26 May 2020 05:02 PM
The G govt and Lufthansa, which has been hit by the coronavirus epidemic, have reached a preliminary agreement with a bailout of 9 billion euros.
25 May 2020 04:58 PM
The first of five Iranian tankers carrying fuel to Venezuela has landed at a port supplying the El Palito refinery in the South American country.
25 May 2020 05:00 PM
The dollar was down on Monday morning in Asia, giving up its earlier gains after protests in Hong Kong on Sunday escalated U.S.-China tensions.
25 May 2020 02:25 PM
“GBP is not looking good with a perpetual underlying double deficit and a very clear risk of negative carry ahead,” Steno Larsen wrote.
25 May 2020 02:08 PM
According to market research firm FactSkyard, more than four-fifths of publicly listed companies receiving emergency small business loans from
24 May 2020 05:30 PM
The United States said on Friday it would add 33 Chinese firms and institutions to an economic blacklist for helping Beijing spy on its minority Uighur
24 May 2020 05:32 PM
A group representing some of the largest U.S. employers has asked Congress for a year-long ban on mergers and acquisitions among hospitals and doctors groups
24 May 2020 05:58 PM
The U.S. Transportation Department said late on Friday it had granted tentative approval to 15 airlines to temporarily halt service
23 May 2020 06:07 PM
Investors are diversifying bets in the healthcare sector, as the rush to develop treatments for Covid-19 has driven up prices for some pharmaceutical stocks.
23 May 2020 05:33 PM
The banks that lent $518 million to Luckin Coffee (LK.O) Chairman Charles Zhengyao Lu have started court proceedings to liquidate his private company,
22 May 2020 05:35 PM
European Central Bank officials have given up on the idea of a swift economic rebound and are ready to add stimulus again next month
22 May 2020 04:51 PM
Unemployment rates rose and total employment fell in all 50 U.S. states and the District of Columbia in April as efforts to contain
22 May 2020 04:59 PM
China’s parliament is poised to enact its first civil code, a wide-ranging legislative package that includes strengthening protection of property rights
22 May 2020 05:00 PM
In a news briefing on Thursday morning, Whitmer said effective immediately people could meet in groups of up to 10,
21 May 2020 05:22 PM
After rather minor progress in the last rounds of negotiations, German business is finally hoping for ambitious offers from China
21 May 2020 05:09 PM
U.K. Chancellor Rishi Sunak warned earlier this week that the country faced a “severe recession, the likes of which we haven't seen.”
22 May 2020 04:51 PM
Johnson & Johnson on Tuesday announced that it would stop selling its talc-based Johnson’s Baby Powder in the United States and Canada,
20 May 2020 07:49 PM
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