China’s consumer inflation rate was flat in June while factory-gate prices fell further, fueling concerns about deflation risks and adding to speculation about potential economic stimulus.
Samsung Electronics Co. reported its worst decline in quarterly revenue since at least 2009, stoking uncertainty over when a year-long electronics and memory chip demand slump will end.
Goldman Sachs downgrade of some major Chinese lenders to "Sell" ratings is based on "pessimistic assumptions," state-backed Securities Times said in an editorial on Friday, as worries over the banking sector deepen amid a rocky economy.
Moderna (MRNA) on Wednesday confirmed plans to develop medicines for the Chinese market, signaling the first major push of foreign mRNA products into the country.
Federal Reserve officials struck a tenuous agreement to pause interest-rate increases at their June meeting, all but committing to hike again later this month in a bid to keep fighting stubborn inflation.
PT Amman Mineral Internasional, the owner of the second-largest gold and copper mine in Indonesia, is set to debut in Jakarta this week following the country’s largest initial public offering this year.
Singapore is struggling to attract new players to its volatile power market, threatening to unwind reforms aimed at boosting competition and reducing electricity bills for consumers.
Mizuho Financial Group Inc.’s securities arm is boosting hiring in the US as it seeks to cement its position among the top 10 stock and bond underwriters in the lucrative market.
A $64 billion merger of two big Indian lenders is yielding almost no fees to financial advisers, highlighting investment bankers’ struggle for profits in the country.
Changes to solar panel technology are accelerating demand for silver, a phenomenon that’s widening a supply deficit for the metal with little additional mine production on the horizon.
With hopes for a monetary-policy pivot in the US and Europe dashed, money managers from Goldman Sachs to Citigroup are touting interest-rate cuts in emerging markets as a major investment theme for the second half of 2023.
A record low in the cost of borrowing yuan by at least one measure is heaping pressure on the embattled currency, which is weakening toward a 16-year nadir against the dollar.
Inflation in Tokyo re-accelerated for the second time in three months in June, an outcome that supports expectations the central bank will raise its inflation forecast next month.
The U.S. dollar hovered near a 7-1/2-month high against the Japanese yen after the heads of the respective central banks reaffirmed the stark divergence in their policy paths at a European Central Bank conference overnight.
The Russell 2000 should rise by 14% in the next 12 months, Goldman Sachs wrote.
