Hong Kong may seek to kick-start ailing property market in policy address
By James Pomfret and Clare Jim HONG KONG Hong Kong is expected to announce lower stamp duties for
2023-10-24 20:53
The Fed is losing control
America's first inflation crisis in decades, combined with the Federal Reserve's aggressive interest rate hikes to combat it, has made for a topsy-turvy past couple years on Main Street and Wall Street alike. It has weighed on consumers and kept investors constantly second-guessing themselves.
2023-10-24 19:58
US Budget Deficit Doubles to $2 Trillion in Dire Warning for Washington
In a year when the US economy exceeded almost everybody’s expectations, the underlying federal deficit roughly doubled, spotlighting
2023-10-24 17:55
Jamie Dimon Criticizes Central Banks for ‘Dead Wrong’ Forecasts
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said the fact that central banks got financial forecasting
2023-10-24 17:50
Cnooc Profit Drops on Lower Oil Price Despite Rising Output
Cnooc Ltd.’s profit dropped in the third quarter due to lower oil prices as China’s sputtering economic recovery
2023-10-24 17:48
Marc Andreessen and John Doerr Join Closed Senate Forum on AI
An array of technology leaders and advocates are headed to Capitol Hill on Tuesday afternoon to propose how
2023-10-24 17:46
Barclays Flags Cost Cuts as Traders Miss, UK Guidance Drops
Barclays Plc is planning to cut costs after the banking giant’s trading division missed estimates in the third
2023-10-24 16:25
Swedish Landlord Heimstaden Sees Stabilizing Property Values
Heimstaden Bostad AB, one of Europe’s biggest residential landlords, says property valuations are now showing signs of stabilization
2023-10-24 16:19
Novartis Lifts Outlook After Shedding Sandoz Generics
Novartis AG raised its profit forecast for a third time in the drugmaker’s first report after spinning off
2023-10-24 15:53
Puma Earnings Beat Estimates on Strong Demand for Sneakers
Puma SE reported earnings that narrowly beat analysts’ estimates amid strong demand for sneakers in Europe and a
2023-10-24 15:52
Goldman, Citigroup Drop Off Investcorp Capital’s Abu Dhabi IPO
Goldman Sachs Group Inc. and Citigroup Inc. have dropped off the planned Abu Dhabi initial public offering of
2023-10-24 15:47
UK Is Losing Jobs at the Sharpest Pace Since the Pandemic
The UK economy lost jobs again in the quarter though August, marking the longest drop in employment since
2023-10-24 15:16