financial market news – Page 49

China's Weakening Currency Becoming a Headache for Central Bank

5Jul

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Money

China's Weakening Currency Becoming a Headache for Central Bank

The onshore yuan has lost around 4.8% of its value since the start of the year, leading the People’s Bank of China to try to strengthen it.

5Jul

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Money

Rebound in Rates Puts Pressure on Banks

U.S. banks are poised for a rebound in unrealized losses on their bond and loan portfolios, after a surge in market interest rates.

5Jul

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Business

Washington State Imitates California

The Evergreen State now has the country’s highest gasoline prices, and Seattle may tax capital gains.

Higher-for-Longer Rates Are a Debt Threat. Investors Don't Want to Hear It Yet.

4Jul

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Money

Higher-for-Longer Rates Are a Debt Threat. Investors Don't Want to Hear It Yet.

A lull in bond maturities until 2025 is making markets slow to price in risks in corporate debt, but the crisis at Britain’s Thames Water shows that some of them lurk in unexpected places.

Stock Futures Tick Lower as Investors Await Jobs Report, Fed Minutes

4Jul

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Money

Stock Futures Tick Lower as Investors Await Jobs Report, Fed Minutes

U.S. markets were closed for Independence Day; Chinese metal producers’ stocks rose after Beijing set export restrictions on minerals used in advanced chips.

Tesla Shares Jump, Stocks Edge Higher in Shortened Session

3Jul

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Money

Tesla Shares Jump, Stocks Edge Higher in Shortened Session

Shares of Tesla and other EV makers gained after upbeat deliveries, as investors geared up for the second half following a market rally to start the year.

Market Bets on Cheaper Oil, Undermining Saudi Hopes for a Price Rebound

2Jul

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Money

Market Bets on Cheaper Oil, Undermining Saudi Hopes for a Price Rebound

The oil market has flashed a warning to Saudi Arabia: The world economy is weakening, and the kingdom’s efforts to boost prices have run into a wall of excess supply.