A 50% rally has made shares of HSBC Holdings Plc the most overbought in more than three decades, as investors piled back into the retail favorite given a brighter outlook from China’s reopening.
Goldman Sachs Group Inc. raised its forecasts for Japan’s upcoming spring wage negotiations, expecting the highest base pay hike in three decades as inflation continues to surprise on the upside.
Ukraine said Russia launched 55 cruise missiles, including at least two hypersonic weapons, in a new wave of attacks on Thursday that killed at least 11 people, according to emergency services.
Companies linked to Indian billionaire Gautam Adani plan a detailed response Friday to a short seller’s report that they labeled as “bogus,” according to bondholders who participated in a conference call with Adani executives.
Employees of a small government contractor linked to the massive US air-traffic error that grounded thousands of flights earlier this month have had their access revoked to the computer system that failed.
Inflation in Tokyo continued to outpace expectations, jumping above 4% and underscoring how price gains may be stronger than the Bank of Japan’s current view.
Naoise Connolly Ryan told a Texas judge she’s refused any of the $500 million Boeing Co. was required to set aside to compensate families of 737 Max crash victims under a deferred prosecution agreement with the US government.
Antitrust enforcers should be willing to challenge mergers that decrease competition, without trusting corporations to stick to promised remedies, a top Justice Department official said Thursday, two days after the department sued Alphabet Inc.’s Google to break up its online advertising business.
China is “100% sure” to retaliate over Japanese backing for Biden administration restrictions on semiconductor exports, and firms facing the fallout should look for markets elsewhere, a ruling Liberal Democratic Party lawmaker said.
In spite of all the tough talk in Washington around the debt ceiling, there are signs that the can will be kicked further down the road.
