China unveils measures to revive stock market

(Reuters) – China’s securities regulator unveiled a package of measures on Friday aimed at reviving a sinking stock market, but…

Take Five: Summer at Jackson Hole

(Reuters) – It’s summer camp season and not to be left out, U.S. rate setters and overseas pals gather in…

Walmart lifts forecasts as bargain-minded shoppers seek out low-priced groceries

(Reuters) – Walmart Inc raised its full-year forecasts and beat second-quarter sales and profit estimates on Thursday, citing strong demand…

S&P, Nasdaq set to open higher after Cisco results; traders assess Fed minutes

(Reuters) -The S&P 500 and Nasdaq were set to open higher on Thursday after upbeat results from Cisco, while investors…

Norway central bank raises rate to 4.0%, eyes September hike

(Reuters) – Norway’s central bank raised its benchmark interest rate by 25 basis points to 4.0% on Thursday to try…

Chinese asset manager eyes restructuring to ease liquidity crunch amid contagion fears

(Reuters) – Faced with a liquidity crisis, Zhongzhi Enterprise Group will conduct a debt restructuring, the Chinese asset manager has…

Schumer: Government funding resolution agreement with McCarthy is ‘good sign’

(Reuters) – U.S. Senate Majority Leader Chuck Schumer on Wednesday said he met with House Speaker Kevin McCarthy a few…

Iraq set in ‘battle’ against dollar smugglers, central bank governor says

(Reuters) – Iraq has made strides implementing U.S. dollar supply restrictions targeting Iran but faces an uphill battle with a…

S&P sees Indian economy growing by average 6.7% to 2031 amid short-term challenges

(Reuters) – S&P Global (NYSE:SPGI) on Thursday projected the Indian economy to grow by an average annual rate of 6.7%…

Fed meeting minutes could hint at end of rate hikes

(Reuters) – The minutes of the Federal Reserve’s policy meeting last month may indicate on Wednesday how many policymakers feel…