Core inflation in the US unexpectedly picked up in August, thanks to rising housing and travel costs. This dampened hopes for a significant rate cut...
China’s stock market is giving investors more drama than a soap opera—and not the fun kind. The mounting sell-off in Chinese stocks is deepening what...
China’s state banks are walking a financial tightrope, exposing themselves to billions of dollars in potential losses while savvy investors quietly make easy profits. The...
The following weeks promise to be volatile. Bond prices have surged on expectations that the Federal Reserve will soon begin slashing interest rates to stave...
Officials from three of the world’s leading central banks announced on Friday that they are firmly on track to lower—or continue lowering—interest rates in the...
Shanghai trader Yu Yongzhang’s annual steel sales plummeted by over three-quarters in just a few years. China is the dominant force that has long controlled...