Chinese shares in the crosshairs of Beijing’s regulatory crackdown extended their sharp selloff into a third day Tuesday.Source: Bloomberg
Don’t expect those labor constraints to go away any time soon.At least that’s according to a survey of business economists out Monday, in which only 6% of respondents expect U.S. labor shortages to...
26/07/2021
Supply disruptions, a drought in China and rebounding electricity demand have fired up the market for thermal coal, making the world’s least liked commodity one of this year’s best-performing assets....
23/07/2021
Global investment banks are racing to redirect Chinese groups’ initial public offerings towards Hong Kong after new cyber security rules instituted by Beijing halted lucrative tech listings...
22/07/2021
The US signalled it was close to a deal with Germany to resolve a longstanding dispute over the Nord Stream 2 pipeline, including a pledge to punish Russia if it were to use energy as a weapon...
21/07/2021
Banks in China kept the benchmark loan rate unchanged, indicating that the central bank is continuing to keep policy stable despite a recent surprise move to add liquidity to the financial system....
20/07/2021
Brad Sherman, a California Democrat in the House of Representatives, was saying what many in his party privately believe when he called for President Joe Biden to reappoint Jay Powell for a second...
19/07/2021
For a second day, Federal Reserve Chairman Jerome Powell defended the central bank’s stance to keep providing support to the U.S. economy even as inflation runs at uncomfortable levels.Source:...
16/07/2021
The pace of China’s economic recovery rose modestly in the second quarter after signs of sluggishness in the world’s second-biggest economy had stoked expectations of greater policy support.Source: ...
15/07/2021
Jay Powell, chair of the Federal Reserve, has so far succeeded in steering the US central bank and financial markets towards his view that the surge of inflation gripping America will be fleeting....
14/07/2021