Economic Recovery

China tightens scrutiny on $9.3 trillion fund industry

China's top securities regulator pledged on Monday to crack down on mismanaged private funds and weed out fake ones, as…

4 years ago

Japan’s retail sales extend gains but COVID-19 challenges persist

Japan's retail sales rose for a fifth straight month in July, beating expectations as the consumer sector continued its recovery,…

4 years ago

China’s Sinopec posts $6 bln H1 profit on rebounding oil prices, better demand

China Petroleum & Chemical Corp (600028.SS) on Sunday reported a 39.15 billion yuan ($6.05 billion) net profit for the first six months…

4 years ago

Global dividends to near pre-pandemic levels in 2021 -report

Global dividends are forecast to rise to $1.39 trillion this year, up slightly from a previous estimate to reflect a…

4 years ago

Marketmind: A delta-driven drop

After an August in which stock markets have repeatedly hit record highs, the mood music turned decisively more sombre on…

4 years ago

Delta delays great exit as RBNZ holds fire on hikes

The Delta variant has delayed an expected rate hike in New Zealand, leaving Norway likely the first G10 economy to…

4 years ago

Japan’s exports extend gains, machinery orders fall amid fragile recovery

Japan's exports marked a fifth straight month of double-digit growth in July, driven by U.S.-bound shipments of automobiles in a…

4 years ago

Wall Street slumps after weak retail sales, Home Depot results

Wall Street's main indexes slid on Tuesday, with the S&P 500 logging its biggest one-day percentage fall in about a…

4 years ago

Marketmind: Muddied Waters

Investors can be forgiven for being nonplussed on the data front this week. A day after U.S. consumer inflation data…

4 years ago

OPEC+ supply boost unlikely despite call from U.S. for more oil, says Goldman

U.S. investment bank Goldman Sachs said a recent call by the United States to OPEC+ to boost oil output is…

4 years ago