The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). …
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HSBC has lifted its year-end S&P 500 forecast to 6,500 from 6,400, its second upgrade in less than a month, citing stronger-than-expected second-quarter earnings and …
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting …
Morgan Stanley says monopoly ruling unlikely to dent Google’s dominance. Morgan Stanley argues that Google will remain firmly in control of the search market despite …
Nasdaq is moving to tighten its listing requirements, proposing new minimum thresholds for companies seeking to join the exchange. Under the plan, new listings would …
Crypto media outlets are pumping out speculation that Michael Saylor’s MicroStrategy (Nasdaq: MSTR) is a leading candidate for inclusion in the S&P 500, with an …
Rising Japanese government bond yields are poised to reshape global currency and rate markets next year, according to a note from RBC. Japanese yields now …