Markets and investing
Goldman Sachs CEO Warns of ‘Bumps’ in Technology Supercycle
David Solomon said the technology supercycle will not be without setbacks, while describing the US economy as resilient.
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Markets and investing
Copper and Tin Fall as Renewed AI Stock Selloff Weighs on Metals
Copper and tin dropped more than 1% on the London Metal Exchange as an Asian technology-stock selloff clouded the outlook for materials used in data centers and circuit boards.
Markets and investing
RBA lifts cash rate to 4.85% and signals further tightening may be needed
Australia’s central bank raised its benchmark rate by 25 basis points to its highest level since late 2008, citing persistent inflation and upside risks.
Markets and investing
Huafa’s Debt Strain Triggers China’s Sharpest Credit Selloff in Two Years
Zhuhai Huafa Group missed payments on two trust products and sought extensions on some bank loans, unsettling investors despite the conglomerate’s government ownership.