Aug 19, 2024 | Markets
German exporters shipped more products to Poland than to China in the first half of the year, underscoring Germany’s efforts to diversify trade away from the world’s second-largest economy and enhance relationships closer to home. German exports to Poland increased...
Aug 16, 2024 | Markets
A handful of economic data show US economy is holding up Traders pare wagers on aggressive cuts, bet on September move A flurry of data showing US economic resilience drove stocks to their best week this year, with dip buyers stepping in after a recent rout. Equities...
Aug 16, 2024 | Markets
July starts dropped to 1.2 million rate, below all estimates Big decline in the South may have reflected Beryl impact New-home construction in the US fell in July to the lowest level since the aftermath of the pandemic as builders respond to weak demand that’s keeping...
Aug 16, 2024 | Markets
The global market ‘is oversupplied,’ Macquarie’s Garvey says Futures sink about 8% this week as top mill warns of downturn Iron ore headed for a brutal weekly loss, hitting the lowest level since 2022, on concern that a steel-industry crisis rippling across China will...
Aug 15, 2024 | Markets
National Australia Bank Ltd. said asset quality deteriorated in the third quarter amid further signs of stress building in the nation’s economy. Unaudited cash earnings came in at A$1.75 billion ($1.2 billion) in the three months ended June 30, according to a...