China’s Real Estate Meltdown Is Battering Middle Class Wealth
(Bloomberg) -- Stock investments: down 30%. Salary package: down 30%. Investment property: down 20%. As Thomas Zhou reflects on 2023,...
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Dollar Drops to Weakest Since August as Traders Eye Fed Pivot
(Bloomberg) -- The dollar dropped to a four-month low Thursday as traders digested the clearest signal yet that the Federal...
Fed-Induced Asia Rally Has Scope to Extend Into 2024: Analysts
(Bloomberg) -- A cross-asset rally in Asian markets following the Federal Reserve’s signals of rate cuts next year may extend...
Emerging Markets Pare Currency Gains With Fed’s Path in Focus
(Bloomberg) -- Emerging-market currencies wiped out most of their early gains on Tuesday after fresh data showed US consumer prices...
Dubai Unveils New Investment Fund With Billions in Assets
(Bloomberg) -- Dubai is setting up a new fund to drive investments in strategically-important projects, adding to a constellation of...
Stock Futures Steady in Nervy Wait for US Payrolls: Markets Wrap
(Bloomberg) -- US equity futures were steady Friday as traders awaited a pivotal US jobs report for more evidence of...
EM Asia Bonds’ High Valuations May Start to Worry Investors
(Bloomberg) -- The rally in emerging Asian bonds last month is spurring valuation concerns, and that along with expected lower...
Pakistani Rupee Plunges After Soaring As Top Currency. What Happened?
The Pakistani rupee has fallen 20% against the dollar this year, Bloomberg reported. That's after spiking in October, as demand...
Russia and India Suspend Talks Over Using Rupees for Trade: Report
Russia and India have suspended negotiations over using rupees for trade, Reuters reported. Moscow, with a high trade gap in...
