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Markets
U.S. soybean exports hit annual peak, corn sales surpass forecasts
© Reuters.
WASHINGTON - U.S. agricultural exports witnessed a significant shift in the week ending on Wednesday, with soybean shipments reaching an annual high and corn…
Walmart CEO expects to see ‘period of deflation’ in the coming months
Walmart Inc. Chief Executive Doug McMillon expects to see a U.S. deflation trend in the coming months, spelling good news for consumers. “In the U.S., we may…
Officials seek more transparency for US Treasury market
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Officials from the Federal Reserve and the Treasury…
Gold Price Forecast: XAU/USD rises as weak US data fueled dovish bets on the Fed
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The XAU/USD escalated to a high of $1,987, seeing 1.35%…
Alibaba Shares Drop Despite Strong 2Q
By Dean Seal Shares of Alibaba Group fell after the company swung to a profit and recorded higher revenue for its fiscal second quarter. The stock was down 8.2% at…
EUR/GBP: Some upside as markets keep moderating hawkish UK expectations – TDS
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The BoE is unlikely to raise Bank Rate further amid…
Alibaba backtracks on cloud spinoff plans, sending stock tumbling after earnings
Alibaba Group Holding Ltd. previously hoped spinoffs of various units would unlock shareholder value, but shares of the Chinese e-commerce giant were…
China stocks: panda bearishness should counter any buy signal
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.President Xi Jinping plans to renew China’s “panda…
Alibaba Stock News: BABA tanks on revenue miss after deciding against cloud spin-off
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BABA stock loses 8%, moving below $80.
Revenue for the…
U.S. targets maritime companies, vessels for shipping oil above Russian price cap
© Reuters. FILE PHOTO: The seized Russian-flagged oil tanker Pegas is seen anchored off the shore of Karystos, on the Island of Evia, Greece, April 19, 2022. REUTERS/Vassilis…