China’s banks face their ‘Japanification moment’, S&P report warns
China’s banks are edging towards their “Japanification moment”, as years of yielding margins to support the economy have…
Australia’s Faster Inflation Boosts Case for Slower RBA Cuts
(Bloomberg) — A gauge of Australia’s monthly inflation accelerated in August to the top of the Reserve Bank’s…
China’s Labor Market Distress Spreads at Worst Time for Deflation Fight
An employee on the production line at a facility in Jiuquan, Gansu province, China. (Bloomberg) — China’s labor…
US bank sees India as a bright spot despite Trump tariffs Bloomberg
JPMorgan Chases Asia-Pacific head is confident that New Delhi can navigate its trade woes with Washington India is…
Huawei Plans Three-Year Campaign to Overtake Nvidia in AI Chips
(Bloomberg) — Huawei Technologies Co. openly admits its silicon can’t match Nvidia Corp.’s in raw power and speed.…
Chinese Savers Have $23 Trillion and Few Options Beyond Stocks
(Bloomberg) — Chinese households are tiptoeing back into equities, driven in part by a stark reality: Almost nothing…
Key US Inflation Metric to Ease as Focus Shifts to Jobs Market
A shopper at a clothing store in downtown Detroit, Michigan. (Bloomberg) — The Federal Reserve’s preferred gauge of…
Markets Gear Up for Series of Fed Cuts With Bullish Bets at Risk
Traders work on the floor of the American Stock Exchange (AMEX) at the New York Stock Exchange (NYSE)…
Global 36-Hour Interest-Rate Spree Heralds First US Cut of 2025
Chairman of the US Federal Reserve Jerome Powell, from left, Governor of the Bank of Canada Tiff Macklem,…
China’s bull run tests regulators as Beijing aims to guide US$12 trillion stock market
Stunning gains in Chinese stocks are testing regulators’ ability to manage the ascent, as Beijing seeks to fulfil…
Apple Watch Ultra 3 Expected to Boast These 3 Display Upgrades
Apple today will unveil a third-generation Apple Watch Ultra a bigger screen, according to Bloomberg’s Mark Gurman. The…
Yen Weakens as Ishiba’s Resignation Threatens Long-Bond Selloff
Shigeru Ishiba departs after resigning during a news conference in Tokyo, on Sept. 7. (Bloomberg) — Japanese markets…