Futures Rise; Bitcoin Rallies Again

Stock futures edged higher ahead of Federal Reserve Chair Jerome Powell testifying before Congress . 


 
China's New Funding Model: Keep It Central

Beijing is taking a bigger role in funding growth after local governments took on too much debt. 


 
Asia's E-Commerce Battlefield is Expanding Fast

E-commerce battles in Asia have produced some household names such as Temu. Korea's contender Coupang could be next up. 


 
Egypt Makes Surprise Economic Reforms Demanded by IMF, Investors

The International Monetary Fund and governments in the Persian Gulf have propped up Egypt's finances with billions of dollars in loans and central bank deposits. 


 
Beijing Hints at More Liquidity Support, Makes Surprise Trade-Data Disclosures

Beijing signaled more liquidity support for the country's stumbling economy, and senior officials made unexpected trade-data disclosures, marking a new trend of surprise policy and data announcements. 


 
Banks Face 'Hacktivist' Cyberattacks

Politically motivated hackers are the main driver behind a surge in denial-of-service attacks against banks and other financial services firms worldwide, researchers say. 


 
Why You Shouldn't Trust Chinese Growth Data

As discrepancies and gaps in the country's official data have grown, so has skepticism of its integrity. 


 
Germany's Exports Jump, Top Forecasts

Germany's trade surplus widened in January, with exports rising 6.3%, indicating demand for the country's goods could be recovering. 


 
The Blacklisted Component That's Disrupting the Luxury-Car Market

A transformer from a Chinese supplier recently banned over links to forced labor is delaying imports of Porsche and other cars into the U.S. 


 
Chevron Plant Closures Show Clean Fuel's Tough Economics

The biodiesel business has been hurt by falling prices for government-controlled credits.


(END) Dow Jones Newswires

03-06-24 0715ET