UK Consumer Confidence Rebounds After Softer Inflation Signs
UK consumer confidence rebounded in August as inflation showed signs of cooling and strong wage growth buoyed household finances.
UK consumer confidence rebounded in August as inflation showed signs of cooling and strong wage growth buoyed household finances.
Perpetual dollar bonds sold by several Hong Kong-based companies have recently suffered their largest weekly declines in years, a sign of contagion from China’s property sector woes.
The producer of The Voice of China slumped after a broadcaster said it would stop airing the popular show to look into allegations a deceased pop star was treated poorly during her time on it.
Zepto, an instant grocery startup founded by a duo of Stanford University dropouts, both 20, raised fresh funds at a $1.4 billion valuation, creating a rare Indian unicorn amid a gloomy venture funding climate.
Hungary’s budget deficit will exceed the government’s target this year as an economic contraction challenges fiscal policy, according to a Bloomberg News survey.
Technology stocks are in trouble, with the buzz around artificial intelligence set to be overshadowed by the effects of higher-for-longer interest rates, according to Bank of America Corp. strategists.
A short-lived rally in Chinese stocks after Beijing’s latest attempt to shore up growth is underscoring the depth of investor pessimism toward the world’s second-largest economy.
The Adani Group said cash and profit generated from its sprawling infrastructure business can cover all the debt maturing each year in the coming decade, messaging that’s part of the Indian conglomerate’s latest effort to shore up investor confidence months after a damaging short seller attack.
A study published by academics at the University of Chicago has found that corporate emissions are undermining prosperity.
Some of the US’s top Middle Eastern allies — including the world’s biggest oil exporter — are moving closer into the orbit of China and Russia, further complicating geopolitics upended by Russia’s invasion of Ukraine.