Dollar firm on safe-haven demand as markets fret over China, banks

By Kevin Buckland TOKYO (Reuters) – The dollar remained on the front foot in Asia on Wednesday, holding on to overnight gains against major peers as investors sought the safety… Read more

Analysis-Latest China developer debt woes could spur policy aid, but industry downbeat

By Clare Jim HONG KONG (Reuters) – News that big developer Country Garden was not able to make $22 million in bond payments is an alarm call for China’s government… Read more

Dollar retreats after China deflation unleashes drive into risk assets

(Corrects paragraph 14 to reflect most money market traders expect no change to U.S. rates in September) By Amanda Cooper LONDON (Reuters) -The dollar retreated on Wednesday after data showed… Read more

Futures rise after selloff, all eyes on CPI data

By Bansari Mayur Kamdar and Johann M Cherian (Reuters) -U.S. stock index futures edged higher on Wednesday following a risk-off session triggered by a Moody’s downgrade of some banks, with… Read more

Investors bet on state-backed developers as Chinese property begins recovery

By Li Gu and Summer Zhen SHANGHAI/HONG KONG (Reuters) – Investors betting on recovery in China’s battered property sector are favouring the stocks and bonds of state-backed firms that are… Read more

Euro zone consumers expect lower inflation, sluggish housing prices – ECB poll

FRANKFURT (Reuters) – Euro zone consumers expect inflation to keep slowing in the next months and years but remain pessimistic about their purchasing power and house prices, a European Central… Read more

Mori unveils Tokyo’s tallest office tower, testing post-COVID demand

By Rocky Swift TOKYO (Reuters) – Japan’s Mori Building unveiled Tokyo’s tallest office tower on Tuesday, part of a sprawling business and residential complex that aims to capitalise on an… Read more

Public debt expected to fall in most Pacific countries -World Bank

By Lucy Craymer WELLINGTON (Reuters) – Public debt in most Pacific countries is expected to fall in the next 12 months as countries move towards the gradual unwinding of COVID-19… Read more

Uber Shocks Investors With Surprise Profit contributor Parkev Tatevosian discusses the big improvement Uber (NYSE: UBER) made in its latest quarter. *Stock prices used were the afternoon prices of Aug. 5, 2023. The video was… Read more

Why Marriott International Stock Inched Higher Today

What happened Storied hotelier Marriott International (NASDAQ: MAR) had an up day on the stock market to kick off the trading week. The company’s share price improved by nearly 1%… Read more
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