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Trade War Worries Slam China And Emerging Markets

LONDON – Chinese stocks fell almost 4 percent and alarm bells rang across global markets on Tuesday, as the trade dispute between the United States and China...

Goldman Sees Slightly Easier China Monetary Policy Amid Trade Tiff With Us

SHANGHAI – Goldman Sachs said it expected China to adopt a slightly easier monetary stance in the face of tit-for-tat tariffs between Beijing and Washington that,...

Select Few Emerging Asian Economies Comfortable With Fed Hikes

HONG KONG – Higher U.S. rates are rattling many emerging markets in much the same way past tightening cycles did, but the Federal Reserve’s hawkishness could...

Bis Wants Tighter Rules For Funds Offering Credit Fintech

LONDON – Regulations introduced after the financial crisis a decade ago to smooth out banking booms and busts should be extended to funds that provide credit, or...

The Bigger Cryptocurrencies Get The Worse They Perform Bis

LONDON – Cryptocurrencies are not scalable and are more likely to suffer a breakdown in trust and efficiency the greater the number of people using them, the Bank...

In World Of Two Halves Funds Buy Us Stocks Exit Europe Baml

LONDON – Global investors pulled more cash out of European and emerging markets in the past week, opting instead for U.S. stocks, as robust economic growth...

Us Industrial Output Dips In May As Manufacturing Declines

WASHINGTON, – U.S. industrial production fell slightly in May amid a sharp drop in manufacturing output, the Federal Reserve said on Friday. Overall industrial...

Hsbc Battles Entrenched Locals Past Mistakes In Us Credit Card Push

LONDON – HSBC’s push into credit cards and personal loans in the United States will be no easy task as the bank faces entrenched domestic rivals and the...

Central Bank Withdrawal Means Tighter Times Ahead For Borrowers

WASHINGTON – With the world’s two largest central banks now pulling back the economic props used to battle multiple crises, a so-far sturdy global recovery...

Nasdaq Hits New Closing High Sampp 500 Gains After Ecb Decision Us Data

NEW YORK – The S&P 500 edged up and the Nasdaq reached another record closing high on Thursday after the European Central Bank said it would avoid raising...

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