North Korea Fires Two Ballistic Missiles, Warns US on Drills
North Korea test-fired two short-range ballistic missiles Thursday in its first such launch in about two months, which
2023-06-16 07:58
ECB Hikes Again as Lagarde Calls July Increase ‘Very Likely’
The European Central Bank lifted interest rates by another quarter-point, with President Christine Lagarde describing a further hike
2023-06-15 23:50
US Economy Is Still Hanging Tough But Showing Signs of Slowing
The US economy is holding up but losing steam. While an advance in retail sales last month exceeded
2023-06-15 23:25
Powell Dances Between Pause and Hikes in Communication Two-Step
Federal Reserve officials paused their series of interest-rate hikes but projected borrowing costs will go higher than previously
2023-06-15 13:21
Asia Stocks Rise as Fed Holds, China Cuts Key Rate: Markets Wrap
Asian stocks climbed Thursday after the Federal Reserve paused monetary tightening and China’s central bank cut a key
2023-06-15 11:53
China’s Property Investment Slump Deepens With Home Demand Weak
Chinese real estate investment slumped further in May, showing both extended weakness in a key engine for economic
2023-06-15 11:45
Canada Cuts Ties With Asian Infrastructure Bank on Claims of Chinese Interference
Prime Minister Justin Trudeau’s government stopped Canada’s work with the Asian Infrastructure Investment Bank while it investigates claims
2023-06-15 11:23
IMF Blasts Pakistan Budget, Signaling Bailout May Not Happen
The International Monetary Fund criticized the Pakistan government’s budget as insufficient to meet the goals of its bailout
2023-06-15 10:29
China’s Recovery Weakens as Industrial, Retail Activity Slow
China’s economic recovery weakened in May as growth in industrial output and retail sales slowed, putting pressure on
2023-06-15 10:15
Hong Kong Pauses Rate Hike Cycle Following Fed Decision
The Hong Kong Monetary Authority held its base rate steady at 5.5% on Thursday after the US Federal
2023-06-15 09:17
Volkswagen’s Canadian Subsidy Won’t Be Taxable, Minister Says
Volkswagen AG won’t have to pay taxes on C$13.9 billion ($10.4 billion) in subsidies for its new battery
2023-06-15 03:27
Nigeria Said to Be Near Decision to Let Naira Trade More Freely
Nigeria is on the verge of making a decision to allow its local currency to trade more freely
2023-06-14 19:16