Ranked: World’s Biggest Wine Producers By Country “Wine gives a man fresh strength when he is wearied”—Homer, The Iliad Wine has been in our cups, in our thoughts, and in our poems for many a millennia, from the antics of Dionysus, the Greek god of wine, to its symbolism in the Last Supper. But breaking […]
August 2023 Survey Results at a Glance: After four straight months of above growth neutral readings, the Rural Mainstreet Index (RMI) slumped to growth neutral, 50.0, in August. Farmland cash rents are expected to expand by 1.3% over the next year. Less than one-third of bank CEOs expect a “soft landing” for the economy. Approximately […]
Chinese leader Xi Jinping has called for measures to mitigate the effects of this year’s disastrous flooding which has left scores dead and inflicted massive damage on crops, homes and infrastructure, including in and around Beijing August 18, 2023, 12:27 AM ET • 3 min read BEIJING — Chinese leader Xi Jinping has called for […]
Markets: Gold down $3 to $1888 US 10-year yields up 2.4 bps to 4.28%, touches 4.33% WTI crude oil up 67-cents to $80.05 S&P 500 down 34 points JPY leads, AUD lags Two things are driving market sentiment right now: 1) Rising bond yields 2) China economic worries. Those two aren’t unrelated as China directed […]
Treasury yields rise, lifting dollar, weighing on gold, oil Yen at nine-month low as traders eye intervention cues MSCI world index at five week low, STOXX down 0.2% Payment firm Adyen shares fall 27% SINGAPORE/LONDON, Aug 17 (Reuters) – The U.S. 10-year Treasury yield on Thursday reached its highest in 10 months, underpinned by fears […]
Receive free Investing in funds updates We’ll send you a myFT Daily Digest email rounding up the latest Investing in funds news every morning. British retail investors have added £50bn into global equity funds since 2015, while pulling billions from funds that only invest in the UK, compounding the flight from the London stock market […]
Comment on this storyComment As Russia massed troops near its border with Ukraine early in 2022, the US, the European Union and their allies held out hope that threats of massive sanctions might deter an invasion. Once hostilities began, there was a sense that sanctions could force an immediate economic crisis in Russia and a […]
China’s Economic Woes; President Biden To Visit Hawaii Bloomberg Read the full article…
The ringgit extended its downward trend against the US dollar this morning as the greenback strengthened amidst higher-than-expected United States (US) Retail Sales data on Tuesday, analysts said. At 9.02 am, the local note eased to 4.6425/6450 against the US dollar from 4.6335/6385 at the close yesterday. According to the US Commerce Department, US Retail Sales increased 0.7 per cent […]
NEW YORK (AP) — Stocks worldwide are falling Tuesday as China’s faltering recovery raises worries for the rest of the global economy. The S&P 500 sank 0.9% in afternoon trading after data showed a deepening slump in July for the world’s second-largest economy. The Dow Jones Industrial Average fell 305 points, or 0.9%, at 35,001, […]
