Global stock markets breathe a sigh of relief over Biden-McCarthy pact to avert U.S. debt default
The agreement on the U.S. debt eased what had been a potentially huge threat to markets worldwide.
Emerging Markets
The latest news from Emerging Markets on MarketWatch.
Most Popular
More from Emerging markets
Turkish stocks rise, lira hits fresh record low after Erdogan wins re-election
Turkish investors rushed into stocks and dumped the lira after President Recep Tayyip Erdogan embarked on his third decade in the top position.
Asian markets mostly higher after Biden, McCarthy reach deal to avoid U.S. default
Asian shares were mostly higher early Monday after President Joe Biden and House Speaker Kevin McCarthy reached a final agreement on a deal to raise the U.S. national debt ceiling.
Nvidia CEO tells graduates: Take advantage of AI or get left behind
Jensen Huang told graduates that businesses and individuals alike need to become familiar with artificial intelligence or risk missing out.
Oil prices score a weekly gain as traders assess potential for more OPEC+ production cuts
Oil futures settle higher on Friday, contributing to a gain for the week, as investors weigh prospects for more output cuts from OPEC+.
More than 199,000 tech-sector employees have lost their jobs since the start of 2023
Global tech layoffs have increased almost eightfold since mid-January 2023.
Formerly Pinduoduo, PDD’s stock surge fuels broad bounce in U.S.-listed shares of China-based companies
ADS of China-based companies enjoyed a broad rally Friday, fueled by a big rally in PDD's stock after quarterly results beat forecasts by wide margins.
Norfolk Southern taps Atkins Nuclear Secured to lead safety review
“The nuclear industry is the gold standard for industrial safety,” Norfolk Southern CEO Alan Shaw said Thursday.
Oil ends lower as Russia plays down prospect for additional OPEC+ production cuts
Oil futures finish lower on Thursday after Russia's deputy prime minister plays down prospects for additional output cuts by OPEC+.
Palantir stock flies higher as company announces new Ukraine deal
Palantir has struck a deal with a Ukrainian government agency that will see the company's technology used in reconstruction efforts.
Oil prices end at a more than 3-week high after this year’s largest weekly drop in U.S. inventories
Oil futures finish at their highest in more than three weeks on Wednesday, finding support after U.S. government data show a more than 12 million-barrel weekly drop in crude inventories.
Citi to pursue IPO of Banamex business, resume ‘modest level’ of stock repurchases
Citigroup said Wednesday it will pursue an IPO of its "Banamex" consumer, small business and middle-market banking operations in Mexico.
XPeng stock dives after wider-than-expected loss, and weighs on Nio, Tesla shares
XPeng's stock dropped Wednesday after the China-based electric vehicle maker reported first-quarter results that missed expectations.
Sell Infosys, Wipro stocks as they are ‘highly exposed’ to earnings risks, analyst says
J.P. Morgan slapped bearish ratings on Infosys and Wipro citing concerns over the India-based IT services companies' exposure to discretionary spending.
‘There is no other China, there is only one China’: Nvidia CEO warns of ‘enormous damage’ if China chip war escalates.
"If we are deprived of the Chinese market, we don’t have a contingency for that," Nvidia CEO Jensen Huang said recently.
Top Saudi official says oil speculators had better ‘watch out’
Prince Abdulaziz bin Salman, Saudi Arabia's energy minister, delivers a stark warning to traders betting on falling oil prices.
Oil gets a lift from gasoline demand expectations, warning by Saudi energy minister
Oil futures settle higher Tuesday, finding support as Saudi Arabia's energy minister warns short sellers of pain ahead.
Breakthrough deal struck to keep drought-ravaged Colorado River — a key water source for California — flowing
A new Colorado River agreement setting out water-usage cuts for California, Arizona and Nevada was aided by a wet winter and $1.2 billion in federal payments.
AutoZone’s stock slides 3% after earnings hit by weaker-than-expected March sales
AutoZone's stock slid 3% Tuesday, after the car-parts retailer beat profit estimates for its fiscal third quarter but sales fell short.
Stay bullish on stocks, bearish on commodities as deflation clouds gather, says this quant strategy
Prometheus Research sees promise in a portfolio that's pointing to low growth and low inflation.
China’s Sinopec signs deal to enter retail fuel market in crisis-plagued Sri Lanka
Chinese petroleum giant Sinopec signed an agreement with Sri Lanka on Monday to enter the South Asian island country's retail fuel market as it struggles to resolve a worsening energy crisis amid an unprecedented economi...
