China leaves benchmark lending rates unchanged in Dec

China leaves benchmark lending rates unchanged in Dec

SHANGHAI (Reuters) – China left its benchmark lending rates unchanged at the monthly fixing on Friday, matching market expectations, as falling yields, shrinking net interest margins and a weakening yuan…
FedEx to spin off its freight trucking business

FedEx to spin off its freight trucking business

By Lisa Baertlein and Abhinav Parmar (Reuters) -FedEx announced the much-anticipated spinoff of its freight trucking division on Thursday, as it restructures its operations to focus on its core delivery…
Fed closing in on end of rate-cut cycle: Macquarie

Fed closing in on end of rate-cut cycle: Macquarie

Investing.com — Investors now are expecting even fewer rate cuts than the Fed’s hawkish forward guidance seen earlier this week, suggesting the end could be near for rate cuts. “Market…