Yellen Says China’s Slowdown Is ‘Risk Factor’ for US Economy
Treasury Secretary Janet Yellen called China’s economic woes a “risk factor” for the US, but one that doesn’t
2023-08-15 07:48
Asian Stocks Look Mixed After US Tech Shares Gain: Markets Wrap
Asian shares were poised for a mixed opening, with the region’s focus turning to China’s growing signs of
2023-08-15 07:29
Tiger Cubs Pared Tech Stakes as Other Asset Managers Dove In
Tiger Global Management, Maverick Capital and other so-called Tiger Cubs trimmed their holdings in technology stocks during the
2023-08-15 07:26
Warren Buffett's firm invests in the biggest homebuilders while reducing GM stake in portfolio moves
Warren Buffett’s company appears to be betting on the housing market picking up because Berkshire Hathaway bought more than $700 million worth of homebuilder DR Horton’s stock this spring along with smaller stakes in fellow builders Lennar Corp. and NVR Corp. Berkshire revealed those new investments Monday in a quarterly filing with the Securities and Exchange Commission that shows the conglomerate’s holdings as of the end of June
2023-08-15 07:25
Beijing Tries to Regulate China’s AI Sector Without Crushing It
Beijing is poised to implement sweeping new regulations for artificial intelligence services this week, trying to balance state
2023-08-15 07:23
Ex-GIC Managers Raise $567 Million for Asia Private Equity Deals
A Singapore-based private equity firm started by two former investors from sovereign wealth fund GIC Pte has raised
2023-08-15 07:22
TSMC Growth Abroad Is Welcome, Taiwan Presidential Hopeful Says
The frontrunner in the race to be Taiwan’s next president says he won’t stop the world’s leading chipmaker
2023-08-15 07:19
Mercedes Targets Luxury Buyers in Malaysian All-Electric Push
Luxury carmaker Mercedes-Benz Group AG is targeting Malaysia as one of the markets where it will have an
2023-08-15 07:15
Clorox Takes Down Some IT Systems After ‘Unauthorized Activity’
Clorox Co. has taken some of its information technology systems offline after identifying “unauthorized activity” in its computer
2023-08-15 06:57
Argentine peso plunges after rightist who admires Trump comes first in primary vote
The Argentine peso plunged Monday after a 52-year-old anti-establishment candidate who admires former President Donald Trump came first in primary elections that will help determine the country’s next president
2023-08-15 06:57
Brazil's Magalu blames wider quarterly loss on high borrowing costs
SAO PAULO Brazilian retailer Magazine Luiza reported on Monday a second-quarter adjusted net loss of 198.8 million reais
2023-08-15 06:54
Ukraine Recap: Two Die in Russia Oil Field Blast, Tass Reports
A blast in a northern Russia oil field killed two people and injured at least five others, the
2023-08-15 06:50