G-7 to Chase Russia’s Diamonds While Stopping Short of Total Ban
Group of Seven countries agreed to work together to track Russian diamonds, but stopped short of slapping Moscow with an outright ban on the lucrative gem trade.
Group of Seven countries agreed to work together to track Russian diamonds, but stopped short of slapping Moscow with an outright ban on the lucrative gem trade.
Some investors are missing out on attractive consumer-related shares in China due to pessimism about the economic recovery, said Tiffany Hsiao, a portfolio manager with two decades of experience covering the nation’s assets.
A Japanese utility paid the least for spot liquefied natural gas in more than two years, potentially limiting the impact of electricity rate hikes that threaten to boost inflation.
Syrian President Bashar Al Assad touched down in Saudi Arabia to attend an Arab League summit for the first time in 13 years, marking a victory for a leader sanctioned by the US for war atrocities.
An increasing flow of Japanese money overseas to pay for services like video and music streaming is turning into a structural weight on the yen, according to Barclays Plc.
Bank of America Corp. strategist Michael Hartnett reiterated his call to sell US stocks, saying tech and artificial intelligence are forming a bubble and the Federal Reserve’s rate hikes may not be over, with rising bond yields posing a risk.
The US is hitting a roadblock of its own making as it seeks to revive ties with China’s military: sanctions it imposed on the current defense minister back in 2018.
The sale of Fujitsu Ltd.’s majority stake in its air-conditioner manufacturing unit has stalled as the bidders have been unable to agree on a price with the Japanese firm, according to people familiar with the matter.
EON SE is exploring a sale of a UK unit supplying energy to large businesses, people with knowledge of the matter said, becoming the latest power company to seek an exit from a sector generating slim returns.
A practice that Chinese borrowers have long used to raise hundreds of billions of dollars in bond markets is under threat, after a court ruling in Hong Kong this week.