Need some comfort on sustainability of earnings growth: Murthy GQG’s emerging markets fund had a 5.7% weighting in China The rebound in Chinese stocks is puzzling given the lack of support from earnings growth, according to an emerging markets fund manager at GQG...

Fiscal concerns, stickier inflation poised to end premia era Higher term premium seen steepening US Treasury curve Pacific Investment Management Co. is warning that US fiscal profligacy threatens to drag the Treasury market back to 1980s, a time when bond vigilantes...

The Chicago Purchasing Managers' Index (PMI) determines the economic health of the manufacturing sector in Chicago region. A reading above 50 indicates expansion of the manufacturing sector; a reading below indicates contraction. The Chicago PMI can be of some help in...

‘Super users’ received note before BLS tried to retract Jump in rent gauge spurred higher-than-expected inflation The US Labor Department’s statistical agency emailed a group of analysts about a key factor behind the jump in January’s consumer price index before...

Latest price cut is deeper than February discounts a year ago Apple’s sales in China in the past quarter missed estimates Apple Inc.’s resellers in China are slashing the price of iPhone 15 models by as much as $180, signaling an unusually prolonged slump in demand....

Seven of 15 economists see a March policy shift as possible BOJ price target ‘coming into sight,’ board member Takata says The Bank of Japan sent one of the strongest signals yet that the end is near for its negative interest rate policy — an event for which the...

Fourth-quarter GDP fell 0.1% on quarter, trailing forecasts Data shows Sweden’s economy is less resilient to rate hikes Sweden’s economy fared worse in the final quarter of last year than seen previously, upending a narrative in which the biggest Nordic nation had...

Government committed to strengthening the ringgit’s position Central bank may intervene around 4.8 per dollar: State Street Malaysia’s central bank is “always ready” to curb the ringgit’s volatility, a senior finance official said, as investors eye a key threshold in...

Japan's January factory output fell at the fastest pace since May 2020, government data showed on Thursday, as a production downturn in motor vehicles adds to concerns about the fragility of an economy that slipped into recession late last year. Industrial output fell...

In one incident, Copilot offered mixed message on suicide Company says users deliberately tried to trick the chatbot Microsoft Corp. said it’s investigating reports that its Copilot chatbot is generating responses that users have called bizarre, disturbing and, in...

February was shaping up to be a banner month for Google’s ambitious artificial intelligence strategy. The company rebranded its chatbot as Gemini and released two major product upgrades to better compete with rivals on all sides in the high-stakes AI arms race. In the...

Two things are keeping the US economy afloat right now. First is massive deficit spending, as the US dumps about $2 trillion of borrowed money into the banking system each year:Second, the AI “instant bubble,” is sending huge amounts of capital into a handful of tech...

China’s aggressive policies to develop its battery-powered electric vehicle (BEV) industry have been successful in making the country the dominant producer of these vehicles worldwide. Going forward, BEVs will likely claim a growing share of global motor vehicle...

Consumer confidence took a step back in February. The Conference Board's Consumer Confidence Index for February registered its first decline since November, "reflecting persistent uncertainty about the US economy," said Dana Peterson, chief economist at The Conference...