Aussie Stumbles as China Stimulus Sentiment Wanes; US Dollar Holds Ground on Fed Outlook
[ad_1] The Australian and New Zealand dollars faced losses on Wednesday amid doubts about China’s stimulus measures,…
New Zealand sees annual inflation of 2.2%, meeting central bank target range
[ad_1] Inflation in New Zealand has returned to the Reserve Bank of New Zealand’s target range of…
Italy to tap 3.5 billion euros from banks and insurers to support budget
[ad_1] Italy’s government is planning to raise 3.5 billion euros from domestic banks and insurers as part…
LVMH reports 3% decline in sales amid weakening demand for luxury goods in China
[ad_1] French luxury conglomerate LVMH reported a 3% decrease in third-quarter sales, falling short of expectations and…
Investment Banking Gains Drive Wall Street Banks to New Heights
[ad_1] Major Wall Street banks saw a boost in investment-banking fees in the third quarter, driven by…
Kremlin retracts statement on Saudi Arabia’s potential membership in BRICS alliance
[ad_1] The Kremlin clarified on Tuesday that Saudi Arabia is not a member of the BRICS group…
French inflation slows more than anticipated in September, INSEE reports
[ad_1] French Consumer prices in September fell more than initially expected, according to the INSEE statistics agency,…
China Plans to Raise $850 Billion in New Debt Over Three Years to Stimulate Growth: Report
[ad_1] China is considering raising an additional 6 trillion yuan ($850 billion) from special treasury bonds over…
Analysts Evaluate Fiscal Stimulus Discussion at China’s MoF Conference
[ad_1] China’s Ministry of Finance recently unveiled new fiscal stimulus policies aimed at boosting the economy. The…
Phillips 66 Moves Closer to $3 Billion Divestiture Goal with Sale of Swiss Venture Stake
[ad_1] Phillips 66 announced on Monday that it will be selling its 49% non-operated equity interest in…
