
China’s Covid-Positive Test Rate Jumped to 40% Last Month
China was walloped by a Covid-19 resurgence in May, with a positive test rate nearing the peak seen
2023-06-12 12:19

UBS to Impose Risk Limits on CS With Deal Set to Close, FT Says
UBS Group AG will impose strict restrictions on bankers from Credit Suisse Group AG, including a ban on
2023-06-12 10:53

Iron Ore Sheds Nearly 5% After Goldman’s China Property Warning
Iron ore fell for the first time in nine sessions as Goldman Sachs Group Inc. warned that property
2023-06-12 10:49

US Economy Remains ‘Very, Very Hot,’ Larry Summers Says
The US economy remains “very, very hot,” though not as much as it was six to 12 months
2023-06-12 10:46

Goldman Expects ‘L-Shaped’ Recovery in China’s Property Market
China’s struggling real estate industry is expected to see an L-shaped recovery in the coming years, placing a
2023-06-12 10:23

Eisai, Biogen Clinch FDA Advisers’ Support for Alzheimer’s Drug
Eisai Co.’s Alzheimer’s disease drug developed with Biogen Inc. gained support from advisers to US regulators, paving the
2023-06-12 09:22

Four Vietnam Police Officers Killed in Coffee Region Shootings
Vietnam police arrested 16 suspects after four officers were killed in shootings at police stations in the country’s
2023-06-12 09:21

Fed Will Keep Rates High Thanks to Inflation Fueled by Corporate Greed, Investors Say
Soaring corporate profits are a big part of the inflation problem, and keeping interest rates high is the
2023-06-12 08:28

Taiwan Extends Two-Year Rise in US Chip Exports Despite Downturn
Taiwan’s exports of chips to the US rose for a 26th consecutive month in May, defying a downturn
2023-06-12 07:59

Britain’s Post-Brexit Policy Drift Alarms World’s Executives
When Dan Vahdat set out to build a healthcare startup, the UK was an ideal launchpad. That was
2023-06-12 07:21

Andreessen Horowitz Picks Crypto-Friendly London as International Base
Silicon Valley venture capital firm Andreessen Horowitz is planning to open its first international office in London, citing
2023-06-12 07:17

Cautious Open in Asia as Traders Eye Rate Meetings: Markets Wrap
Asian stocks were set for a cautious open while major currencies traded in narrow ranges early Monday as
2023-06-12 06:57