Chinese asset manager eyes restructuring to ease liquidity crunch amid contagion fears
By Jason Xue and Clare Jim SHANGHAI/HONG KONG Faced with a liquidity crisis, Zhongzhi Enterprise Group will conduct
2023-08-17 15:27
UK inflation slows to 6.8% but services are getting more expensive
UK inflation slowed sharply for the second month in a row, falling to a 17-month low in July, official data showed Wednesday.
2023-08-16 16:29
Analysis-China trust deficit: crisis spurs shadow banking policy response calls
By Summer Zhen and Laura Matthews HONG KONG/NEW YORK Chinese fears of a spillover from missed payments on
2023-08-15 21:18
China's economic activity slows further in July as recovery stalls
China has reported a slew of disappointing economic data showing another month of tepid growth in the world's second largest economy.
2023-08-15 10:59
Rajasthan: India's gig workers see hope in new state law
Rajasthan state recently passed a law that aims to give social security benefits to gig workers.
2023-08-10 07:46
What does Moody's downgrade mean for markets?
Moody's on Monday evening downgraded 10 US banks and put the credit ratings of six others on review, an indication that the agency could also eventually downgrade those institutions.
2023-08-09 19:59
Former Treasury secretaries react to US credit downgrade
The US economy is resilient, but policymakers need to take the long view on the country's fiscal challenges, three former Treasury secretaries told CNN's Fareed Zakaria.
2023-08-06 22:55
Warren Buffett isn't worried about Fitch's downgrade
Warren Buffett is shrugging off Fitch Ratings' historic downgrade of US credit from the top AAA grade to AA+.
2023-08-03 22:47
Rampant DC dysfunction made America's credit downgrade inevitable
For only the second time in history, America lost its perfect rating on its long-term debt — the exact thing everyone said would happen when lawmakers decided to play chicken with the full faith and credit of the United States.
2023-08-03 17:24
Fitch's historic downgrade may be a black eye for the US but not much more
There may not be any lasting major negative ramifications from the surprise US credit rating downgrade by Fitch this week — not for the economy, not for consumers and not for the government's ability to borrow.
2023-08-03 05:54
Janet Yellen: Credit downgrade 'puzzling' and unwarranted'
Janet Yellen defends the US, as stock markets fall after credit downgrade.
2023-08-03 03:23
'The numbers speak for themselves.' Fitch defends US debt downgrade
Fitch Ratings is defending its controversial decision to downgrade the US credit rating by pointing to the nation's mountain of debt.
2023-08-03 00:47