U.S. Durable Goods Orders Fell in November
Demand for long-lasting factory goods made in the U.S. fell in November, suggesting the manufacturing sector remained uneven last month.
Stocks Edge Up to Start Holiday-Shortened Week
Global stocks had a muted start to the week as investors began to check out for the holiday break.
China to Cut Tariffs on Range of Goods Amid Push for Trade Deal
China said it will cut import tariffs for frozen pork, pharmaceuticals and some high-tech components starting from Jan. 1, a move that comes as Beijing and Washington are trying to complete a phase-one trade deal.
Stocks and Bonds Haven't Rallied Like This Since 1998
Stocks and bonds are staging an extraordinary run, on track for their biggest simultaneous gains in more than two decades.
Distressed-Asset Hedge Funds Run Into Trouble
Two hedge-fund firms, Jamie Dinan's York Capital Management and Southpaw Asset Management, are barring clients in some funds from getting back all the money they requested for year-end, a sign of the pressure investors in distressed assets are facing.
Chinese University-Backed Group Avoids Dollar-Bond Defaults for Now
Peking University Founder Group, a conglomerate owned by one of China's top colleges, said Monday it has reached an agreement with creditors that would help it avoid cross-defaulting on $3 billion in U.S. dollar bonds.
Suspicious Market Moves Wane After U.K. Bans Early Peeks at Data
Sharp movements in the British pound shortly before the release of U.K. economic data have dissipated since the government curtailed officials' access to nonpublic information, according to a new study.
Mexico's Inflation Stayed Below Target in Mid-December
Mexican consumer prices rose modestly in the first half of December, pushing the annual inflation rate further below the central bank's 3% target.
Russian Markets Rally as Investors Look Past U.S. Sanctions
Investors are getting back into Russian assets, drawn by the rich dividends paid by state-run companies and the high yields generated by government bonds.
Saudis, Kuwait Near End to Spat Over Shared Oil Fields
Saudi Arabia and Kuwait are this week set to end a five-year dispute over oil fields in a territory shared between the two countries,paving the way for the return of half a million barrels a day of output.