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Chinese economy revival will be a difficult assignment for Xi’s successor as premier
To resuscitate an economy decimated by COVID-19, China's next premier, who may well take the office in March, won't have many choices but to...
Dollar declines against the yen, and BOJ action is likely this weekend
On Friday, the U.S. dollar plunged against the yen, recording its worst daily loss against the Japanese yen in over two months as investors...
ECB expected to highlight vulnerabilities in its non-binding assessment of the Spanish tax policy
Two sources with first-hand knowledge of the situation claimed that the European Central Bank is planning to warn in a forthcoming non-binding opinion of...
Wall St rises as optimistic corporate expectations increase interest
The major Wall Street indexes increased on Thursday as positive earnings and projections from IBM, AT&T, and Dow Inc restored the markets' optimism after...
Majority of Asian shares continue to rise as investors anticipate UK inflation report
While traders anticipated British inflation numbers later in the day for cues on how aggressive central banks must be to fight inflation, Asian markets...