Gold Edges Higher Amid Mild USD Weakness
HSBC said gold prices are set to struggle well into 2024, while some supportive factors will cushion the decline, with the bank […]
Eurozone Bond Yield Spreads Seen Exposed to Widening
Eurozone government bond yield spreads continued to widen, driven by central banks’ hawkish stances, the selloff in bonds, the widening in credit […]
Microsoft’s Activision Deal Gets U.K. Green Light
Microsoft’s acquisition of Activision Blizzard won approval from the U.K.’s Competition and Markets Authority, clearing a path for the companies to close […]
Microsoft’s Activision Deal Gets Green Light From U.K. Regulator
The decision clears a path for the companies to close the $75 billion deal after a lengthy struggle with regulators.
Hamas Attack on Israel Defies Efforts to Neutralize Iran
The invasion by the Palestinian militants with the help of Iran revealed Tehran’s resurgent influence in the Middle East.
China’s Teetering Local Debt Mountain, in Six Charts
After a decade of kicking the can down the road, the problem has become impossible to ignore. Beijing might soon have no […]
South Korea Had High Hopes for 5G. What Happened?
Things didn’t work out as expected, thanks in part to technical problems and a lack of consumer demand
The Fed Is Putting Too Much Faith in Markets
The Fed has a new theory—the bond market is doing its job for it, so it can sit back rather than raise rates […]
Japan Seeks to Dissolve Moon Church After Pleas of Shinzo Abe Assassination Suspect
The government says the former Unification Church caused “immense suffering,” echoing the accused killer’s complaints.
Social Security’s cost-of-living adjustment will be 3.2% in 2024, after bigger increases in the past two years, bringing the average monthly check for retirees’ to $1,906.
Social Security’s cost-of-living adjustment will be 3.2% in 2024, after bigger increases in the past two years, bringing the average monthly check […]
Investors Bet Thriftier Chinese Shoppers Are Here to Stay
Chinese shoppers are increasingly looking for bargains, lifting shares of companies that cater to budget-conscious shoppers even as the nation’s broader market […]