China’s Growth Bump May Dent Urgency for More Stimulus

Economy seen as stabilizing but consumer demand remains weak Production, investment strength may delay stimulus: economists China’s strong factory output and investment growth at the start of the year raised doubts over how soon policymakers will step up support still...

China Economy Likely Had Muted Start as 5% GDP Goal in Focus

Headline retail sales, industrial output growth seen slowing Faster growth will be needed for rest of 2024: ANZ’s Yeung China’s economic activity was likely mixed at the start of the year with property remaining a major drag, raising doubts about the nation’s ability...

TSMC’s 110% Rally Draws Caution, Even From the Bulls

The stock has traded at overbought levels for about two months TSMC shares at largest-ever premium to consensus price target The rapid ascent in Taiwan Semiconductor Manufacturing Co. is making it harder to ignore risks for the world’s largest contract chipmaker, even...

Money-Market Assets Rise to Fresh Record for Third Straight Week

Total climbed to $6.108 trillion in the week to March 13: ICI Prime institutional funds saw second straight week of outflows Money-market fund assets rose to a fresh record high on expectations short-term rates will remain elevated for longer after traders reined in...

California Adds 250,000 Fewer Mostly High-Pay Jobs Than Thought

California’s high-paying industries created far fewer jobs than previously thought, as a sharp downward revision cut the number of positions in professional services, finance and information by about 250,000 compared with initial reports. The state added only 50,000...