Kenyan Taxpayers to Bear Brunt of President Ruto’s Big Spending Plans
Kenyan President William Ruto intends ramping up government spending on initiatives ranging from increasing access to affordable housing
2023-06-16 16:47
Shell Challenged on Net Zero After Fossil-Fuel Investment Boost
Legal & General Investment Management, the UK’s largest asset manager, said it wants Shell Plc to explain how
2023-06-16 15:59
Orban Steps Up Talk to Steer Hungarian Savings to Forint Bonds
Prime Minister Viktor Orban called on Hungarians to put their savings in government bonds rather than bank deposits,
2023-06-16 15:49
European Commission Urges Germany, Others Not to Dig In on Stricter EU Debt Rules
European Economy Commissioner Paolo Gentiloni urged governments to set aside rigid positions on the reform of the bloc’s
2023-06-16 14:25
China Urged to Boost Fiscal Stimulus After Central Bank Eases
Expectations are growing that China’s government will boost spending, especially on infrastructure, as part of a broader stimulus
2023-06-16 13:27
Ueda Holds Stimulus as BOJ Continues to Sidestep Tightening Wave
The Bank of Japan continued to defy global central bank trends by sticking with stimulus as it waits
2023-06-16 12:45
Asia shares near 4-month peak, yen falls as BOJ maintains policy
By Ankur Banerjee SINGAPORE Asian shares rose to a four-month high on Friday as U.S. economic data stoked
2023-06-16 11:58
Shanghai Plant Burns 800 Tons of Coal an Hour to Keep City Cool
On a sprawling riverside industrial complex about 10 miles (16 kilometers) from Shanghai’s gleaming downtown skyscrapers, a massive
2023-06-16 11:49
Asian Equities Poised for Third Weekly Advance: Markets Wrap
Asian equities headed for a third weekly gain, helped along by expectations of more stimulus from China. Benchmarks
2023-06-16 11:20
UBS Cuts China Growth Forecast to 5.2% After Disappointing Data
UBS Group AG lowered its forecast for China’s gross domestic product growth this year as the property rebound
2023-06-16 10:52
Global Rate-Hike Endgame Is Now Haunted by Recession Worries
Investor fears of mounting economic damage are threatening to overshadow the next round of interest-rate hiking all but
2023-06-16 10:48
Mysterious 1,000% Stock Gains Baffle Traders in Indonesia
Unexplained gains in Indonesian stocks are fueling calls for tighter regulation in Southeast Asia’s biggest equity market. Known
2023-06-16 08:19