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You are here: Home / Archives for US Top News and Analysis

China’s central bank steps up intervention after yuan hits 16-year low against greenback

August 18, 2023 by US Top News and Analysis

This is second straight day that the fixing rate has been above 1000 points stronger than consensus forecasts

Filed Under: Uncategorized

China’s property giant Evergrande files for bankruptcy protection in Manhattan court

August 18, 2023 by US Top News and Analysis

The world’s most indebted property developer defaulted in 2021 and announced an offshore debt restructuring program in March.

Filed Under: Uncategorized

Maui emergency chief resigns after defending decision to not activate sirens during wildfire

August 18, 2023 by US Top News and Analysis

Andaya was asked Wednesday whether he regretted not activating emergency sirens as wildfires spread across West Maui: “I do not,” he said at press conference

Filed Under: Uncategorized

China’s property troubles aren’t getting better, intensifying calls for bolder policy help

August 18, 2023 by US Top News and Analysis

Prospective home buyers are holding back on making purchases, leading to weak sales that compound the urgent need for policymakers to step up support for the industry.

Filed Under: Uncategorized

China’s growing aggression will be in focus as U.S. closes ranks with Japan and South Korea

August 18, 2023 by US Top News and Analysis

The summit will be the first standalone meeting between them as the U.S. seeks to capitalize on improving ties between its closest security alliances in Asia.

Filed Under: Uncategorized

Asia markets fall as investors assess Japan inflation, Evergrande filing; Adani shares surge

August 18, 2023 by US Top News and Analysis

Asian markets will be watching Japan’s inflation numbers, which could give a clue to the Bank of Japan’s moves

Filed Under: Uncategorized

What China’s big earnings say about the consumer

August 18, 2023 by US Top News and Analysis

Corporate earnings releases are picking up on a few bright spots for China’s consumer in a competitive market where people are less willing to spend.

Filed Under: Uncategorized

S&P 500, Treasurys or Berkshire Hathaway? Here’s where value investor Guy Spier would put his money

August 18, 2023 by US Top News and Analysis

Spier’s fund has posted an annualized return of 9% since he started it in 1997, beating the S&P 500, MSCI World, and the FTSE 100 in total returns.

Filed Under: Uncategorized

These stocks pulled back in August but analysts expect them to bounce back — giving one 103% upside

August 18, 2023 by US Top News and Analysis

August has been a rocky month for stocks. CNBC Pro screened for those that pulled back this month but still have upside potential of at least 30%.

Filed Under: Uncategorized

Bitcoin abruptly tumbles as much as 9% to just over $26,000 late Thursday

August 17, 2023 by US Top News and Analysis

The virtual currency dropped sharply on Thursday evening.

Filed Under: Uncategorized

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