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BEIJING: The engines of China’s economy are spluttering, with exports falling, factory output slowing, investment growth at a record low and consumption coming off the boil.
Central bank chairman calls on policy makers to address rising deficits so Congress can better counteract a future downturn
NEW YORK: The Dow Jones Industrial Average and the S&P 500 posted record closing highs on Wednesday helped by a big jump in Walt Disney shares, but the Nasdaq fell as stocks were kept in check by fresh uncertainty over U.S.-China trade relations.
BENGALURU: Commonwealth Bank of Australia (CBA) said margin pressure from record-low interest rates would persist as the country’s biggest bank reported a near 10% drop in first-quarter cash profit.
SYDNEY: Commonwealth Bank of Australia said margin pressure from record-low interest rates would persist as the country's biggest bank reported a near 10% drop in first-quarter cash profit on Tuesday.
NEW YORK: The S&P 500 and Nasdaq stock indexes fell from record highs on Monday as uncertainty about progress in U.S.-China trade talks again rose to the fore following comments by President Donald Trump, while a jump in Boeing shares helped the Dow Jones Industrial Average eke out a slim gain.
COPENHAGEN: Negative interest rates are unnaturally propping up the stock market and at some point the whole edifice will collapse. It’s an oft-repeated theory, but history suggests it might be wrong.
DUBAI: Sputtering progress toward a trade deal and signs of weakness in the Chinese economy are looming as the biggest threats to the wave of optimism spreading across emerging markets.
Alternative lenders extend reach during steep agricultural downturn; ‘They keep their finger on you.’
London: The two biggest players in the US economy will take the stage this week, as President Donald Trump and Federal Reserve chairman Jerome Powell speak amid signs the nation’s trade war with China may be thawing.