China's central bank is expected to ramp up liquidity injections while leaving the key interest rate unchanged when it rolls over maturing medium-term policy loans on Friday, a Reuters survey showed. ( read original story ...)
China’s economy is forecast to slow sharply in 2024, the World Bank says, calling recovery ‘fragile’
The World Bank is forecasting that China's economy will slow next year, with annual growth falling to 4.5% from 5.2% this year. ( read original story ...)
China’s Star market aims to take on the Nasdaq
China's Star market launched a year ago this week in Shanghai The Star market, China's answer to the Nasdaq, celebrates its first anniversary this week. The tech-heavy stock market was set up at ... ( read original story ...)
Rupee eyes Fed rate projections after in-line US inflation data
The Indian rupee is expected to have a quiet opening on Wednesday after U.S. inflation came broadly in-line with expectations, with traders now awaiting the Federal Reserve's new forecasts on interest rates. ( read original story ...)
Fed Meeting Today: Futures Inch Up as Investors Look Ahead to FOMC Decision
The Federal Reserve will announce today if the central bank will continue raising interest rates, or pause, in its mission to cool inflation. Fed Chair Jerome Powell will speak this afternoon on its decision. ( read original story ...)
After A 14% Fall This Year Is 3M Stock A Better Pick Over Honeywell?
Given its attractive valuation, we believe 3M stock (NYSE: MMM) is a better pick than its sector peer, Honeywell stock (NYSE: HON). ( read original story ...)
Inflation cools again ahead of the Federal Reserve’s final interest rate decision in 2023
Prices rose 3.1% from a year earlier, down from 3.2% in October. That pulled inflation closer to the more than two-year low it touched in June. ( read original story ...)