Country Garden Holdings said on Thursday that PwC has agreed to resign as its auditor, as the property developer became the latest Chinese company to sever ties with the firm.
September 05, 2024
South Africa's current account deficit narrowed in the second quarter, to 0.9% of gross domestic product (GDP) from 1.5% of GDP in the first quarter, central bank data showed
September 05, 2024
JPMorgan has ditched its buy recommendation on Chinese stocks, warning of the risk of a second tariff war after November's U.S. election and citing worries about
September 05, 2024
China still has room to lower the amount of cash banks must hold as reserves while it faces some constraints in cutting interest rates, a central bank official said on
September 05, 2024
The United States should immediately lift all tariffs on Chinese goods, the Chinese commerce ministry said on Thursday, ahead of an announcement by the Biden administration on
September 05, 2024
European stocks fell on Thursday as mixed economic data spurred worries about global growth and offset gains in interest rate-sensitive sectors,
September 05, 2024
The American labor market, red-hot for the past few years, has cooled
September 04, 2024
A creditor filed a petition for the bankruptcy of a unit of China Evergrande New Energy Vehicle (NEV) Group in a Shanghai court, the third such petition against the
September 05, 2024
Stung by leftover inventory and unsure about consumer spending, India's auto dealers are worried about having to discount more to boost demand in the upcoming
September 05, 2024
The World Bank's board has approved a $68 million programme to prevent Pacific Island nations from being cut off from the international financial system that
September 05, 2024
The U.S. dollar's decline is gaining speed as anticipated interest rate cuts by the Federal Reserve threaten to end the greenback's years-long period of
September 05, 2024
Global property markets, rattled by the steepest rise in interest rates in a generation, will get little relief
September 05, 2024
A look at the day ahead in European and global markets from Ankur Banerjee Markets hit the pause button after a selloff in equities since the start of the week but sentiment remained fragile, as
September 05, 2024
Most U.S. stocks fell following a mixed round of data on the economy, keeping them on track for their worst week since April
September 05, 2024
The Indian rupee ended at its record closing low on Thursday, but was little changed versus the previous session, as the central bank's intervention helped negate the
September 05, 2024
Australia's top central banker reiterated on Thursday that it was premature to contemplate near-term rate cuts as inflation remained too high, sticking to a hawkish stance even as
September 05, 2024
The Indian rupee will be confined to a narrow trading range against the U.S. dollar over the coming year as the Reserve Bank of India continues to
September 05, 2024
The Biden administration told Nippon Steel in a letter on Saturday its $14.9 billion acquisition of U.S.
September 05, 2024
Governments should not intervene in deals in an arbitrary manner as a matter of principle, Taro Kono, a Japanese minister and prime ministerial
September 05, 2024
MSCI's global equities index edged down on Thursday as investors digested mixed economic data while they anxiously waited for Friday's crucial
September 05, 2024
The U.S. economy is slowing but it still has some momentum, former Treasury Secretary Robert Rubin said on Thursday. The U.S.
September 05, 2024
The Bank of Japan must stay on course to raise interest rates further but tread carefully to ensure volatile markets do not badly hurt businesses, its board
September 05, 2024
The Federal Reserve needs to cut interest rates to keep the labor market healthy, but it is now down to incoming economic data to determine by how much, San Francisco Fed
September 05, 2024
Jeep's parent company Stellantis said on Wednesday that it will resume production at certain U.S. assembly plants after making "production adjustments" and will assess if further action is
September 04, 2024
The U.S. dollar eased against most major currencies on Thursday in choppy trading as investors braced for Friday's U.S. payrolls report,
September 04, 2024
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