Emerging-market traders shrugged off the latest bad data from China on Wednesday and resumed their hunt for carry returns ahead of central-bank meetings that are expected to confirm that global interest rates will remain high.
Romania won’t cut borrowing costs this year, as inflation is expected to stay above the 7% key rate amid rising fiscal risks, the governor of the Balkan nation’s central bank said.
Mexico’s inflation decelerated in line with expectations last month but remained elevated when volatile items were not considered, underscoring the central bank’s view that it would be premature to consider easing monetary policy at this week’s meeting.
Hedge funds are betting that stocks in some of the market’s hottest sectors are headed for a fall, amid concern over how long the boom in electric vehicles, luxury goods and artificial intelligence will last.
Ohio voters on Tuesday overwhelmingly rejected a measure seen as a test over abortion rights a year after the US Supreme Court overturned Roe v Wade.
A relief rally in Italian shares boosted risk appetite, while US equity futures pointed to a recovery on Wall Street in subdued trading Wednesday.
The average American spends about five years of their life in a vehicle, but the average vehicle is ill-prepared for air pollution and wildfire smoke.
The startup sank wood waste to the seafloor, sequestering carbon for hundreds or even thousands of years.
Online dating can be rife with human problems, from ghosting and harassment to chats that don’t lead to dates. Artificial intelligence can solve those issues — at least, a number of new startups say it can.
European natural gas jumped the most in almost two months as risks to LNG supplies mounted amid the possibility of worker strikes at some facilities in Australia.
