China Cuts Stock Funds’ Management Fees to Bolster Market
China’s securities regulator cut stock mutual funds’ management fees and vowed to push more institutional investors to raise
2023-07-08 19:59
Erdogan Says Turkey Wants Three-Month Extension of Grain Deal
Turkey wants the safe-transit deal for Ukrainian grain exports from Black Sea ports extended for three months instead
2023-07-08 17:20
Charting the Global Economy: Employers in US Temper Hiring Pace
Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. US employers
2023-07-08 17:15
Swedish Real Estate Woes Pile Rating Pressure on Handelsbanken
Svenska Handelsbanken AB, Sweden’s third biggest bank by market value, may see its public credit rating lowered if
2023-07-08 16:23
Ukraine Recap: Biden Says Kyiv Isn’t Ready for NATO Membership
Russia’s invasion of Ukraine hits the 500-day mark on Saturday. President Joe Biden told CNN that a vote
2023-07-08 15:22
Markets Turn Against UK as Inflation and Growth Outlook Darkens
Markets have turned against the UK for the second time in under a year as the outlook for
2023-07-08 13:54
China Regulator Pushes Mutual Funds to Lower Fees
The China Securities Regulatory Commission plans to reform the mutual fund industry’s fee mechanisms, and push fund firms
2023-07-08 13:15
Swiss Banks Can Handle More Rate Hikes, SNB’s Schlegel Says
Switzerland’s lenders are strong enough to cope with possible additional interest-rate increases by the Swiss National Bank, its
2023-07-08 11:16
Ant to Buy Back Shares at 70% Lower Valuation Than at IPO
Jack Ma-backed Ant Group Co. is proposing to buy back as much as 7.6% of shares in an
2023-07-08 10:54
Summers Warns on Inflation Complacency, Sees More Bond Declines
Former Treasury Secretary Lawrence Summers warned against any sense of achievement by policymakers in bringing inflation down notably
2023-07-08 08:27
China Angst Drives Boom in Funds Excluding Asia’s Biggest Market
A strategy of stripping China out of emerging-market portfolios is fast gaining traction as stock managers seek to
2023-07-08 08:15
Hotel REIT Says It Will ‘Likely’ Return 19 Properties to Lenders
Ashford Hospitality Trust Inc. expects to return 19 hotels to lenders in cities including Las Vegas and Atlanta,
2023-07-08 06:18